Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Cash Flows

v3.8.0.1
Condensed Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities    
Net loss $ (19,131) $ (7,533)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 414 150
Stock-based compensation 9,980 807
Unrealized transaction gain (loss) on Parent activity (8)  
Changes in operating assets and liabilities:    
Trade accounts receivable 110 215
Due to/from related parties 1,534 86
Prepaid expenses and other assets (260) (399)
Accounts payable 205 364
Accrued salaries, wages, and other compensation 160 (14)
Accrued liabilities 1,250 136
Deferred revenue (222) (141)
Net cash used in operating activities (5,968) (6,329)
Investing activities    
Purchases of property and equipment (1,614) (10,295)
Net cash used in investing activities (1,614) (10,295)
Financing activities    
Proceeds from common stock issuance 61,292  
Costs incurred related to the issuance of stock (3,330)  
Proceeds from the exercise of stock options 182  
Advances from Parent 3,000  
Repayment of Advances from Parent (3,000)  
Finance and Capital Lease Obligation 6,957  
Net cash provided by financing activities 65,101  
Net decrease in cash and cash equivalents 57,519 (16,624)
Cash and cash equivalents-beginning of period 5,026 24,687
Cash and cash equivalents-end of period 62,545 8,063
Supplemental cash flow information    
Interest paid 44 $ 4
Supplemental non-cash financing transactions:    
Offering costs in accounts payable and accrued liabilities $ 2,081