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Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities    
Net loss $ (31,039) $ (30,079)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 4,758 5,338
Depreciation and amortization 870 560
Amortization of operating lease right-of-use assets 509 494
Accretion (Amortization) of Discounts and Premiums, Investments 3 0
Changes in operating assets and liabilities:    
Other current assets and other non-current assets (537) (1,614)
Accounts payable and accrued liabilities 614 (1,157)
Operating lease liabilities (563) (176)
Net cash used in operating activities (25,385) (26,634)
Investing activities    
Purchase of property and equipment (684) (2,280)
Purchase of available-for-sale securities (39,067) 0
Net cash used in investing activities (39,751) (2,280)
Financing activities    
Proceeds from exercise of stock options 134 376
Proceeds from the issuance of common stock under Employee Stock Purchase Plan 63 219
Payment on finance lease obligations (2) (2)
Net cash provided by financing activities 195 593
Net change in cash, cash equivalents, and restricted cash during the period (64,941) (28,321)
Cash, cash equivalents, and restricted cash, beginning of period 143,345 193,434
Cash, cash equivalents, and restricted cash, end of period 78,404 165,113
Supplemental disclosure of non-cash investing and financing activities:    
Operating lease liabilities arising from obtaining ROU asset 0 1,584
Purchases of property and equipment unpaid at period-end $ 265 $ 419