v3.19.1
STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (19,270) $ (4,539)
Reconciliation of net loss to net cash used in operating activities    
Depreciation and amortization 17 1
Stock-based compensation expense 3,082 1,606
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (539) (1)
Accounts payable and accrued expenses 3,201 737
Net cash used in operating activities (13,509) (2,196)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of equipment (340)  
Net cash used in investing activities (340)  
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock, net 56,513 2,061
Exercise of options 7  
Net Parent Investment   214
Deferred offering expense   (70)
Payable to Parent for services (67) 67
Due to Parent (555) 440
Note Payable — Parent (371) 371
Net cash provided by financing activities 55,527 3,083
Net increase in cash and cash equivalents 41,678 887
Cash and cash equivalents, beginning of the period 887  
Cash and cash equivalents, end of the period 42,565 887
Supplemental cash flow information:    
Interest paid 1  
Supplemental disclosure of non-cash Financing Activities:    
Deferred issuance costs, unpaid as of December 31, 2017   391
Deferred issuance costs reclassified to additional paid-in-capital upon completion of initial public offering $ 461  
Reclassification of net Parent Investment in the Company to accumulated deficit   $ 440

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