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Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating activities      
Net loss $ (60,725) $ (93,844) $ (82,177)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 2,880 3,449 2,663
Amortization of debt issuance costs 813 318 0
Debt extinguishment gain upon conversion to equity (123) 0 0
Net accretion and amortization of premium and discounts on marketable securities 1,043 256 (1,151)
Other expense related to the commitment shares issued to Lincoln Park Capital Fund 825 0 0
Stock-based compensation 11,553 13,813 10,852
Common stock issued to third parties 1,457 1,211 965
Non-cash rent expense (2,152) (1,076) 0
Impairment of long-lived assets 0 2,629 0
Change in fair value of strategic investment 0 (502) (4,507)
Accretion of tenant improvement allowance 0 0 (1,275)
Change in fair value of contingent consideration 0 (33) (1,352)
Changes in operating assets and liabilities:      
Prepaid expenses and other current assets 1,288 (1,168) (169)
Other long-term assets (91) 628 (31)
Accounts payable (573) (2,640) (227)
Accrued compensation (1,327) (517) 2,114
Accrued liabilities and other current liabilities (1,131) (857) (587)
Other long-term liabilities 24 0 0
Derivative liability related to debt 963 0 0
Deferred revenue 216 0 0
Deferred rent, net of current portion 0 0 2,461
Net cash used in operating activities (45,060) (78,333) (72,421)
Investing activities      
Purchase of marketable securities (81,492) (138,486) (119,270)
Maturities of marketable securities 121,000 127,915 188,809
Sale of strategic investments 0 6,009 0
Purchase of property and equipment (195) (646) (1,586)
Net cash provided by (used in) investing activities 39,313 (5,208) 67,953
Financing activities      
Proceeds from repayment of employee promissory notes 210 374 0
Proceeds from long-term debt, net of issuance costs to lender 0 24,550 0
Payment of long-term debt non-lender issuance costs 0 (360) 0
Proceeds from issuance of common stock upon exercise of stock options, net of repurchases 1,784 1,510 840
Proceeds from issuance of common stock under the 2018 ESPP 347 576 586
Current portion of long-term debt arrangement (68) 0 0
Payments made on capital lease obligations 0 (45) (73)
Net cash provided by financing activities 20,845 63,875 27,438
Net increase (decrease) in cash, cash equivalents and restricted cash 15,098 (19,666) 22,970
Cash, cash equivalents and restricted cash at beginning of year 19,253 38,919 15,949
Cash, cash equivalents and restricted cash at end of year 34,351 19,253 38,919
Supplemental Disclosures of Cash Flow Information:      
Cash paid for interest 2,370 773 0
Supplemental Disclosures of Non-Cash Investing and Financing Activities      
Issuance of common shares in payment of debt 2,704 0 0
Property and equipment included in accounts payable 0 13 565
Issuance of common stock in settlement of contingent consideration milestone 0 1,098 0
Issuance of shares in settlement of share-based liability 0 100 0
Right-of-use assets obtained in exchange for new operating lease liabilities 0 27,714 0
Lessor funded lease incentives included in property and equipment 0 0 10,651
Receipt of promissory note from related party for purchase of common stock 0 0 27
ATM Offering Program      
Financing activities      
Proceeds from issuance of common stock, net of issuance costs 10,357 37,270 26,085
Lincoln Park Capital Fund      
Financing activities      
Proceeds from issuance of common stock, net of issuance costs $ 8,215 $ 0 $ 0