Component: (Network and Table)
Network
00400 - Statement - Statements of Cash Flows
(http://www.ocutx.com/role/StatementStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001393434 (http://www.sec.gov/CIK)
Statement of Cash Flows [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
2015-01-01 - 2015-12-31
2014-01-01 - 2014-12-31
Statement of Cash Flows [Abstract]
 
 
 
Cash flows from operating activities:
 
 
 
Net loss
(44,703,000) 
(39,748,000) 
(28,648,000) 
Adjustments to reconcile net loss to net cash used in operating activities
 
 
 
Stock-based compensation expense
5,956,000  
4,640,000  
2,644,000  
Licensing and consultant fees paid in common stock
  
2,364,000  
Non-cash interest expense
371,000  
166,000  
103,000  
Depreciation and amortization expense
881,000  
754,000  
547,000  
Revaluation of preferred stock warrants
  
380,000  
Loss on extinguishment of debt
  
57,000  
(Gain)/loss on disposal of property and equipment
1,269,000  
(3,000) 
4,000  
Purchase of premium on marketable securities
(37,000) 
(338,000) 
(133,000) 
Amortization of premium on marketable securities
186,000  
283,000  
24,000  
Changes in operating assets and liabilities:
 
 
 
Accounts receivable from related party
  
19,000  
Accounts receivable
(57,000) 
136,000  
(79,000) 
Prepaid expenses and other current assets
924,000  
(53,000) 
(36,000) 
Inventory
21,000  
(1,000) 
(133,000) 
Accounts payable
(159,000) 
348,000  
507,000  
Accrued expenses and deferred rent
1,389,000  
219,000  
1,946,000  
Deferred revenue
(42,000) 
(146,000) 
(62,000) 
Net cash used in operating activities
(34,001,000) 
 
(33,743,000) 
 
(20,496,000) 
 
Cash flows from investing activities:
 
 
 
Purchases of property and equipment
(1,919,000) 
(1,778,000) 
(1,260,000) 
Proceeds from sale of property and equipment
2,000  
7,000  
 
Change in restricted cash
(1,500,000) 
60,000  
 
Purchases of marketable securities
(41,699,000) 
(91,684,000) 
(37,326,000) 
Proceeds from maturities of marketable securities
80,684,000  
54,826,000  
 
Net cash provided by (used in) investing activities
35,568,000  
 
(38,569,000) 
 
(38,586,000) 
 
Cash flows from financing activities:
 
 
 
Proceeds from issuance of notes payable and preferred stock warrants
 
1,897,000  
14,877,000  
Proceeds from exercise of stock options
199,000  
207,000  
35,000  
Proceeds from issuance of common stock pursuant to employee stock purchase plan
278,000  
249,000  
64,000  
Proceeds from issuance of public offering, net
872,000  
66,176,000  
69,518,000  
Payments of offering costs
(245,000) 
(564,000) 
(3,018,000) 
Payments of insurance costs financed by a third-party
(519,000) 
(762,000) 
(233,000) 
Repayment of notes payable
 
(1,500,000) 
(2,273,000) 
Net cash provided by financing activities
585,000  
 
65,703,000  
 
78,970,000  
 
Net increase (decrease) in cash and cash equivalents
2,152,000  
 
(6,609,000) 
 
19,888,000  
 
Cash and cash equivalents at beginning of period
30,784,000  
37,393,000  
17,505,000  
Cash and cash equivalents at end of period
32,936,000  
 
30,784,000  
 
37,393,000  
 
Supplemental disclosure of cash flow information:
 
 
 
Cash paid for interest
1,301,000  
1,251,000  
844,000  
Supplemental disclosure of non-cash investing and financing activities:
 
 
 
Accretion of redeemable convertible preferred stock to redemption value
  
11,000  
Conversion of redeemable convertible preferred stock to common stock
  
74,354,000  
Conversion of warrants for redeemable convertible preferred stock to warrants for common stock
  
960,000  
Additions to property and equipment included in accounts payable and accrued expenses
451,000  
293,000  
169,000  
Insurance premium financed by a third party
722,000  
706,000  
623,000  
Initial public offering costs included in accounts payable
  
95,000