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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating Activities    
Net loss $ (42,366) $ (21,301)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 2,009 1,639
Depreciation and amortization 90 51
Changes in operating assets and liabilities:    
Accounts receivable 1,342 13,012
Prepaid and other assets (2,338) 2,267
Accounts payable (4,091) (2,780)
Accrued compensation and other accrued liabilities 663 1,825
Operating lease liability and right-of-use asset 157 31
Deferred revenue 55 (14,670)
Net cash flows used in operating activities (44,479) (19,926)
Investing Activities    
Proceeds from maturities of short-term investments 38,632 50,493
Purchase of short-term investments   (47,081)
Purchases of property and equipment (347) (33)
Net cash flows provided by investing activities 38,285 3,379
Financing Activities    
Issuance of common stock for public offering, net of issuance costs 49,250 60,112
Issuance of common stock from stock grants and option exercises 205 339
Net cash flow provided by financing activities 49,455 60,451
Net increase in cash and cash equivalents 43,261 43,904
Cash and cash equivalents at beginning of the period 30,360 15,369
Cash and cash equivalents at end of the period 73,621 $ 59,273
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Right-of-use assets obtained in exchange for operating lease liabilities $ 1,850