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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (69,192) $ (62,879)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 9,439 6,609
Depreciation and amortization 213 191
Changes in fair value of warrant liabilities 0 16,240
Securities issuance obligation   1,485
Asset impairment   106
Other 78 108
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (3,263) (586)
Accounts payable (1,358) 531
Accrued, other and operating lease liabilities 369 (1,624)
Deferred revenue   200
Net cash used in operating activities (63,714) (39,619)
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 55,364 1,140
Proceeds from exercise of common stock warrants 810  
Proceeds from exercise of common stock options 677  
Net cash provided by financing activities 56,851 1,140
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash (84) (23)
NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (6,987) (38,514)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH — Beginning of period 104,355 147,828
CASH, CASH EQUIVALENTS AND RESTRICTED CASH — End of period 97,368 109,314
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid for income taxes, net 51 17
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 $ 7 94
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