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Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities    
Net loss $ (16,289) $ (31,039)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 1,522 4,758
Depreciation and amortization 406 870
Impairment of property and equipment 3,418 0
Amortization of operating lease right-of-use assets 580 509
Amortization and accretion of premiums/discounts on available-for-sale securities (1,178) 3
Gain on sale of property and equipment (47) 0
Changes in operating assets and liabilities:    
Other current assets and other non-current assets 1,046 (537)
Accounts payable and accrued liabilities (5,876) 614
Operating lease liabilities (664) (563)
Net cash used in operating activities (17,082) (25,385)
Investing activities    
Purchases of property and equipment (551) (684)
Proceeds from sale of property and equipment 2,115 0
Purchases of available-for-sale securities (55,269) (39,067)
Proceeds from maturities of available-for-sale securities 64,000 0
Net cash provided by (used in) investing activities 10,295 (39,751)
Financing activities    
Proceeds from exercise of stock options 0 134
Payment on finance lease obligations (364) (2)
Proceeds from the issuance of common stock under Employee Stock Purchase Plan 4 63
Net cash provided by (used in) financing activities (360) 195
Net change in cash, cash equivalents, and restricted cash during the period (7,147) (64,941)
Cash, cash equivalents, and restricted cash, beginning of period 38,765 143,345
Cash, cash equivalents, and restricted cash, end of period 31,618 78,404
Supplemental disclosure of non-cash investing and financing activities:    
Purchases of property and equipment unpaid at period-end $ 0 $ 265