Annual report pursuant to Section 13 and 15(d)

Statements of Cash Flows

v3.8.0.1
Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating activities      
Net loss $ (25,980) $ (12,086) $ (5,889)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 551 345 147
Stock-based compensation 12,092 948 692
Changes in operating assets and liabilities:      
Trade accounts receivable 110 107 25
Due to/from related parties (482) 1,702 (1,265)
Prepaid expenses and other assets (537) (387) 59
Accounts payable 665 53 (28)
Accrued salaries, wages and other compensation 613 88 93
Accrued liabilities 591 137 40
Deferred revenue (408) (144) (565)
Net cash used in operating activities (12,785) (9,237) (6,691)
Investing activities      
Purchases of property and equipment (779) (10,424) (665)
Net cash used in investing activities (779) (10,424) (665)
Financing activities      
Proceeds from common stock issuance 61,292    
Costs incurred related to the issuance of stock (3,312)    
Capital contribution from Parent     30,000
Advances from Parent 3,000   2,050
Repayment of advances from Parent (3,000)   (200)
Dividend to Parent     (110)
Proceeds from the exercise of stock option 265    
Cash received for land and other improvements as a part of the financing lease obligation 6,957    
Net cash provided by financing activities 65,202   31,740
Net increase (decrease) increase in cash and cash equivalents 51,638 (19,661) 24,384
Cash and cash equivalents-beginning of period 5,026 24,687 303
Cash and cash equivalents-end of period 56,664 5,026 24,687
Supplemental cash flow information      
Interest paid 200 $ 5 $ 261
Supplemental non-cash investing and financing transactions      
Property and equipment included in financing lease obligation $ 3,130