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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (84,713) $ (97,090)
Adjustments to reconcile net loss to net cash used in operating activities:    
Change in fair value of contingent consideration liability 86 700
Impairment loss on construction-in-progress   11,370
Impairment loss on intangible assets   579
Stock-based compensation expense 8,101 5,519
Depreciation and amortization (205) 551
Loss on foreign currency exchange 34 384
Changes in operating assets and liabilities:    
Accounts receivable 256 4,181
Prepaid expenses and other assets 2,650 (5,908)
Accounts payable 2,770 1,422
Accrued expenses and other liabilities 5,393 (2,299)
Income tax and R&D incentive receivables 3,042 2,353
Net cash used in operating activities (62,586) (78,238)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales and maturities of short-term investments   107,427
Purchases of short-term investments (73,273) (7,592)
Purchases of property and equipment, net (126) (12,117)
Cash paid for internally developed patents   (195)
Net cash (used in) provided by investing activities (73,399) 87,523
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 64,815
Proceeds from issuance of common stock from Employee Stock Purchase Plan 181 225
Proceeds from exercises of stock options, net 434 176
Net cash provided by financing activities 56,781 65,098
Net (decrease) increase in cash and cash equivalents and restricted cash (79,204) 74,383
Cash, cash equivalents and restricted cash at beginning of period 190,335 115,952
Cash, cash equivalents and restricted cash at end of period 111,131 190,335
SUPPLEMENTAL NON-CASH ACTIVITIES:    
Fair value of common stock retired in exchange for issuance of common stock warrant   17,200
Common stock issued related to contingent consideration liability $ 6,176  
Operating lease liability and right of use asset addition   $ 72