| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||
Net loss | ||||||||
-29,945 | -31,863 | -33,986 | -32,943 | -30,723 | -29,518 | 0 | 0 | 0 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||
Depreciation and amortization | ||||||||
- | - | - | - | - | - | 0 | 0 | 0 |
Depreciation | ||||||||
0 | - | - | - | 0 | - | - | - | - |
Amortization of debt discount | ||||||||
- | - | - | - | - | 308 | 0 | 0 | 0 |
Net amortization of premiums and discounts on marketable securities | ||||||||
- | 44 | 0 | 0 | 0 | - | - | - | - |
Stock-based compensation | ||||||||
591 | 447 | 355 | 262 | 201 | 177 | 0 | 0 | 0 |
Change in fair value of derivative liabilities | ||||||||
- | - | - | - | - | 369 | 0 | 0 | 0 |
Loss on extinguishment of related party convertible promissory note | ||||||||
- | - | - | - | - | -2,379 | 0 | 0 | 0 |
Changes in operating assets and liabilities: | ||||||||
Accounts receivable | ||||||||
141 | 260 | 685 | 519 | 548 | 522 | 0 | 0 | 0 |
Prepaid expenses and other current assets | ||||||||
-116 | -725 | -912 | -421 | 90 | 384 | 0 | 0 | 0 |
Accounts payable | ||||||||
605 | 725 | 119 | 2,533 | 190 | 421 | 0 | 0 | 0 |
Accrued expenses | ||||||||
-1,237 | -694 | 735 | 876 | 2,254 | 2,407 | 0 | 0 | 0 |
Deferred revenue | ||||||||
- | - | - | - | - | -298 | 0 | 0 | 0 |
Net cash used in operating activities | ||||||||
-29,749 | -30,715 | -32,469 | -29,199 | -28,587 | -25,276 | 0 | 0 | 0 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||
Sales of marketable securities | ||||||||
- | 14,151 | 0 | 0 | 0 | - | - | - | - |
Purchase of property and equipment | ||||||||
0 | - | - | - | - | 235 | 0 | 0 | 0 |
Net cash (used in) provided by investing activities | ||||||||
2,019 | 14,073 | 15,990 | -97 | -2,394 | -14,241 | 0 | 0 | 0 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||
Proceeds from private offering of common stock | ||||||||
0 | - | - | - | - | - | - | - | - |
Payments of initial public offering costs | ||||||||
- | - | - | - | - | 2,675 | 0 | 0 | 0 |
Proceeds from exercise of stock options | ||||||||
0 | - | - | - | - | - | - | - | - |
Repayment of convertible promissory note, related party | ||||||||
- | - | - | - | - | 5,500 | 0 | 0 | 0 |
Proceeds from capital contribution | ||||||||
- | - | - | - | - | 12,000 | 0 | 0 | 0 |
Net cash provided by financing activities | ||||||||
0 | - | - | - | - | 40,955 | 0 | 0 | 0 |
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS | ||||||||
0 | - | - | - | 0 | - | - | - | - |
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: | ||||||||
Cash paid for interest | ||||||||
- | - | - | - | - | - | - | - | 0 |
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | ||||||||
- | - | - | - | - | - | - | 0 | 0 |
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES: | ||||||||
Purchase of property and equipment in accounts payable | ||||||||
0 | - | - | - | - | - | - | - | 0 |
Deferred offering costs in prepaid assets and accrued liabilities | ||||||||
0 | - | - | - | - | - | - | - | - |
Deferred offering costs in prepaid assets and accounts payable | ||||||||
0 | - | - | - | - | - | - | 0 | 0 |
Deferred offering costs reclassed from prepaid expenses and other current assets | ||||||||
- | - | - | - | - | - | - | - | 0 |