XML 15 R5.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities    
Net loss $ (21,645) $ (13,630)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 3,655 2,674
Non-cash lease expense 109 82
Changes in operating assets and liabilities:    
Prepaid and other 276 (2,562)
Accounts payable 560 (134)
Accrued liabilities 1,207 (544)
Change in lease liability (109) (82)
Deferred grant revenue 211 603
Net cash used in operating activities (15,736) (13,593)
Cash flows from financing activities    
Proceeds from issuance of common stock in public offerings, net 3,871 0
Proceeds from exercise of stock options 0 414
Proceeds from exercise of common stock warrants 0 105
Net cash provided by financing activities 3,871 519
Net increase (decrease) in cash and cash equivalents (11,865) (13,074)
Cash and cash equivalents at beginning of period 90,765 116,737
Cash and cash equivalents at end of period 78,900 103,663
Supplemental disclosure of non-cash financing activities:    
Cashless exercise of warrants 0 1,836
Right-of-use assets obtained in exchange for operating lease liabilities $ 191 $ 0