Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF CASH FLOWS

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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net loss $ (11,269) $ (10,377)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share based compensation 751 350
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (102) 78
Accounts payable and accrued expenses 5,453 3,016
Accounts payable and accrued expenses - related party (401) 114
Net cash used in operating activities (5,568) (6,819)
Cash flows from investing activities:    
Maturity of Short-term investments (certificates of deposits) 0 10,000
Net cash provided by investing activities 0 10,000
Cash flows from financing activities:    
Issuance of common shares 35,000 0
Offering costs (2,655) 0
Net cash provided by financing activities 32,345 0
Net change in cash 26,777 3,181
Cash and cash equivalents, beginning of period 2,671 11,782
Cash and cash equivalents, end of period 29,448 14,963
Non-cash financing activities:    
Unpaid offering costs $ 12 $ 0