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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net loss $ (21,554) $ (18,293)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 540 142
Stock-based compensation 2,197 1,940
(Increase) decrease in:    
Receivables (340) 2,548
Prepaid expenses and other current assets 3,207 2,585
Right of use asset 292 193
Other noncurrent assets 559 (556)
Increase (decrease) in:    
Accounts payable 2,654 (510)
Accrued expenses (2,684) 2,206
Lease liabilities (184) (161)
Net cash used in operating activities (15,313) (9,906)
Cash flows from investing activities:    
Purchases of property and equipment (717) (513)
Net cash used in investing activities (717) (513)
Cash flows from financing activities:    
Proceeds from exercise of stock options 1,017 4
Issuance of common stock in connection with a public offering, net   88,661
Issuance of common stock in connection with at the market offerings, net   13,015
Net cash provided by financing activities 1,017 101,680
Net increase in cash and cash equivalents, and restricted cash (15,013) 91,261
Cash and cash equivalents, and restricted cash, beginning of period 115,069 79,741
Cash and cash equivalents, and restricted cash, end of period 100,056 171,002
Supplementary disclosure of cash flow information:    
Accounts included in accrued expenses and accounts payable related to property and equipment $ 682 $ 2,303