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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities    
Net loss $ (70,259) $ (68,920)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 17,561 15,783
Depreciation of property and equipment 2,041 1,120
Non-cash lease expense 448 1,165
Non-cash interest expense, net 1,698 1,771
Changes in assets and liabilities:    
Accounts receivable, net (4,348) 19
Accounts receivable from related party (144) (21)
Inventory (4,623) 0
Prepaids and other current assets (2,891) 994
Other assets 92 19
Accounts payable 846 2,636
Operating lease liabilities (1,363) 8,094
Other liabilities 1,091 (214)
Deferred revenue from related party 42,556 (1,864)
Net cash used in operating activities (17,295) (39,418)
Investing activities    
Purchases of property and equipment, net (628) (14,177)
Purchases of investments (126,757) (198,944)
Maturities of investments 134,128 299,555
Net cash provided by investing activities 6,743 86,434
Financing activities    
Proceeds from exercise of stock options and employee stock purchase plan 8,096 3,165
Employees' tax withheld and paid for with restricted stock units (3,126) (5,273)
Net cash provided by (used in) financing activities 4,970 (2,108)
Net (decrease) increase in cash, cash equivalents and restricted cash (5,582) 44,908
Cash, cash equivalents and restricted cash at beginning of period 51,058 33,377
Cash, cash equivalents and restricted cash at end of period 45,476 78,285
Supplemental disclosures of cash flow information    
Cash paid for interest 986 1,029
Right-of-use assets obtained in exchange for lease obligations 1 455
Purchases of property and equipment, net recorded in accounts payable and accrued liabilities $ 0 $ 4,436