Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF CASH FLOWS (Unaudited)

v3.19.2
STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating activities    
Net loss $ (16,778) $ (11,946)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 689 371
Stock-based compensation 3,860 2,427
Unrealized foreign exchange gain   6
Changes in operating assets and liabilities:    
Trade accounts receivable (810)  
Due to/from related parties (1,156) 47
Inventory (111)  
Prepaid expenses and other assets (169) (799)
Accounts payable (423) 25
Accrued expenses (14) 275
Accrued compensation and benefits (67) (318)
Other accrued liabilities (513) 1,084
Other non-current assets (378)  
Net cash used by operating activities (15,870) (8,828)
Investing activities    
Purchases of land, buildings and equipment (1,319) (498)
Net cash used by investing activities (1,319) (498)
Financing activities    
Costs incurred related to the issuance of stock   (665)
Proceeds from issuance of common stock   57,706
Repayments of financing lease obligations (122)  
Proceeds from the exercise of stock options 308 1,241
Costs incurred related to shares withheld for net share settlement (559)  
Proceeds from the sale and leaseback of land, buildings, and equipment 217  
Net cash (used) provided by financing activities (156) 58,282
Net (decrease) increase in cash, cash equivalents and restricted cash (17,345) 48,956
Cash, cash equivalents and restricted cash - beginning of period 95,288 56,664
Cash, cash equivalents and restricted cash - end of period $ 77,943 $ 105,620