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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (40,545) $ (48,374)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 6,159 4,535
Depreciation and amortization 123 113
Changes in fair value of warrant liabilities   16,240
Securities issuance obligation   1,485
Other 21 74
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 310 972
Accrued, other and operating lease liabilities 623 (546)
Accounts payable (657) 976
Deferred revenue   300
Net cash used in operating activities (33,966) (24,225)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (40) (12)
Net cash used in investing activities (40) (12)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock from At-The-Market equity offering, net of offering costs 19,632  
Proceeds from exercise of common stock warrants 660  
Proceeds from exercise of common stock options 401  
Net cash provided by financing activities 20,693  
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash (52) (58)
NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (13,365) (24,295)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH — Beginning of period 104,355 147,828
CASH, CASH EQUIVALENTS AND RESTRICTED CASH — End of period 90,990 123,533
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid for income taxes, net 33 14
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING INFORMATION:    
Right-of-use asset obtained in exchange for operating lease obligation 730  
Unpaid deferred financing costs in accrued and other liabilities $ 100 15
Issuance of common stock and common stock warrant in connection with an amendment to the asset purchase agreement   11,970
Reclassification of warrant liabilities to equity   $ 62,175