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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Net loss $ (14,001) $ (19,116)
Adjustments to reconcile net loss to net cash used in operating activities    
Stock-based compensation expense 2,232 705
Change in fair value of warrant liability (234) 1,533
Change in fair value of convertible notes payable 244
Amortization of debt discount 986
Changes in operating assets and liabilities    
Prepaid expenses and other current assets (4,168) (777)
Accounts payable 434 (259)
Accrued expenses (178) (199)
Derivative liability (1,174)
Licenses payable (200) 5,875
Net cash used in operating activities (17,045) (11,252)
Cash flows provided by financing activities    
Payment of convertible note (5,167)
Proceeds from issuance of common stock, net of issuance costs 33,481
Proceeds from exercise of warrants 5,868
Proceeds from exercise of options 8 65
Proceeds from sales of common stock under ESPP 75 30
Net cash provided by financing activities 83 34,277
Net increase (decrease) in cash (16,962) 23,025
Cash, beginning of period 78,734 15,662
Cash, end of period 61,772 38,687
Supplemental disclosure of cash flow information:    
Cash paid for interest 4 4
Cash paid for income taxes
Non-cash investing and financing activities:    
Reclass of warrant liabilities related to Series A warrants exercised for cash 1,155
Right-of-use assets obtained in exchange for operating lease liabilities $ 74