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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net loss $ (63,691) $ (65,765)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation expense 10,839 11,954
Amortization of premiums and discounts on short-term investments, net (1,301) (3,136)
Non-cash interest expense 0 58
Non-cash lease expense 460 461
Depreciation and amortization expense 193 169
Changes in operating assets and liabilities:    
Accounts receivable (415) (3,626)
Inventory 1,116 (3,265)
Prepaid expenses and other current assets 2,814 3,603
Other non-current assets 518 518
Operating lease liabilities, net (512) (502)
Accounts payable and accrued liabilities (9,773) (132)
Other liabilities 202 0
Net cash used in operating activities (59,550) (59,663)
Investing activities:    
Purchases of property and equipment (1,654) (3,972)
Purchases of short-term investments (36,482) (64,439)
Maturities of short-term investments 63,338 151,617
Net cash provided by investing activities 25,202 83,206
Financing activities:    
Issuance of common stock upon exercise of stock options 0 78
Proceeds from issuance under employee stock purchase plan 146 408
Deferred offering costs paid for financing (16) (160)
Net cash provided by financing activities 130 326
Net (decrease) increase in cash, cash equivalents and restricted cash (34,218) 23,869
Cash, cash equivalents and restricted cash at beginning of year 62,952 39,083
Cash, cash equivalents and restricted cash at end of year 28,734 62,952
Supplemental disclosure of cash flow information:    
Interest paid during the period 211 230
Supplemental disclosure of non-cash activities:    
Deferred transaction costs included in accounts payable and accrued liabilities 35 46
Amounts accrued for purchases of property and equipment $ 1,153 $ 571