XML 19 R5.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating activities    
Net loss $ (14,204) $ (15,351)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 1,191 2,446
Depreciation and amortization 329 411
Impairment of property and equipment 3,418 0
Amortization of operating lease right-of-use assets 286 250
Amortization and accretion of premiums/discounts on available-for-sale securities (531) 0
Loss on disposal of property and equipment 190 0
Changes in operating assets and liabilities:    
Other current assets and other non-current assets 552 (803)
Accounts payable and accrued liabilities (3,938) (769)
Operating lease liabilities (326) (275)
Net cash used in operating activities (13,033) (14,091)
Investing activities    
Purchases of property and equipment (419) (452)
Purchases of available-for-sale securities (28,375) 0
Proceeds from maturities of available-for-sale securities 39,500 0
Net cash provided by (used in) investing activities 10,706 (452)
Financing activities    
Proceeds from exercise of stock options 0 134
Payments on finance lease obligations (66) (1)
Net cash provided by (used in) financing activities (66) 133
Net change in cash, cash equivalents, and restricted cash during the period (2,393) (14,410)
Cash, cash equivalents, and restricted cash, beginning of period 38,765 143,345
Cash, cash equivalents, and restricted cash, end of period 36,372 128,935
Supplemental disclosure of non-cash investing and financing activities:    
Purchases of property and equipment unpaid at period-end $ 99 $ 91