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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (63,053) $ (73,201)
Adjustments to reconcile net loss to net cash used in operating activities:    
Change in fair value of contingent consideration liability 86 1,560
Impairment loss on construction-in-progress   8,070
Stock-based compensation expense 6,209 4,200
Depreciation and amortization 31 434
Unrealized (gains) losses on foreign currency exchange (183) 297
Changes in operating assets and liabilities:    
Accounts receivable (204) 3,036
Prepaid expenses and other assets 3,204 (5,263)
Accounts payable (615) (606)
Accrued expenses and other liabilities 7,555 6,916
Income tax and R&D incentive receivables 1,690 (1,714)
Net cash used in operating activities (45,280) (56,271)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales and maturities of short-term investments   82,406
Purchases of short-term investments (74,292) (7,592)
Purchases of property and equipment, net (88) (11,970)
Cash paid for internally developed patents   (190)
Net cash (used in) provided by investing activities (74,380) 62,654
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments of deferred offering costs   (118)
Proceeds from issuance of common stock in at-the-market offerings, net 56,166 52,356
Proceeds from issuance of common stock from Employee Stock Purchase Plan 181 225
Proceeds from exercises of stock options, net 477 100
Net cash provided by financing activities 56,824 52,563
Net (decrease) increase in cash and cash equivalents and restricted cash (62,836) 58,946
Cash, cash equivalents and restricted cash at beginning of period 190,335 115,952
Cash, cash equivalents and restricted cash at end of period 127,499 174,898
SUPPLEMENTAL NON-CASH ACTIVITIES:    
Common stock issued related to contingent consideration liability $ 6,176  
Operating lease liability and right of use asset addition   $ 72