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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net loss $ (101,219) $ (26,637) $ (25,681)
Adjustments to reconcile net loss to net cash (used in) provided by      
Loss (gain) on equity investments 1,781 (4,108) (943)
Noncash revenue from equity investments (107) (397) (186)
Fair value adjustments (11,359) (28,263) (9,922)
Depreciation 2,847 3,658 3,640
Stock-based compensation 26,490 10,545 2,193
Noncash research and development expenses 811 2,137 1,051
Noncash investment accretion 5,270 646 (506)
Loss on disposal of property and equipment 140    
Decrease (increase) in assets:      
Accounts receivable, net (321) (12,747) (5,038)
Unbilled and other receivables (5,187) 3,468 (1,556)
Reduction in the carrying amount of right of use assets 5,799 5,342 4,177
Prepaid expenses and other assets (1,121) 187 410
(Decrease) increase in liabilities:      
Accounts payable (411) 4,882 (294)
Accrued payroll, taxes, and benefits 6,405 4,966 2,948
Deferred revenue (1,028) 59,705 6,715
Lease liabilities (2,949) (5,417) (4,025)
Other accrued liabilities 3,490 (1,210) 958
Net cash (used in) provided by operating activities (70,669) 16,757 (26,059)
Cash flows from investing activities:      
Purchases of property and equipment (7,167) (2,538) (1,836)
Purchases of equity investments (3,700) (2,869)  
Distribution from equity investment 375 4,582 943
Proceeds from sale of equity investments 15,735    
Purchases of marketable securities (414,802) (519,668) (110,187)
Proceeds from sale and maturity of marketable securities 392,747 138,772 57,225
Net cash used in investing activities (16,812) (381,721) (53,855)
Cash flows from financing activities:      
Issuances of common stock upon initial public offering, net   211,491  
Issuances of common stock upon follow-on public offering, net   325,600  
Issuances of Series E preferred stock, net     29,893
Issuances of common stock upon stock option exercise 7,927 4,183 549
Contribution by noncontrolling interest 25   100
Deferred offering costs     (1,858)
Net cash provided by financing activities 7,952 541,274 28,684
Net (decrease) increase in cash and cash equivalents and restricted cash (79,529) 176,310 (51,230)
Cash and cash equivalents and restricted cash, beginning of year 202,796 26,486 77,716
Cash and cash equivalents and restricted cash, end of year 123,267 202,796 26,486
Supplemental disclosure of cash flow and noncash information      
Cash paid for income taxes 448 381 139
Supplemental disclosure of non-cash investing and financing activities      
Accrued deferred offering costs     2,142
Purchases of property and equipment in accounts payable 705 8 90
Acquisitions of right of use assets in exchange for lease obligations $ 71,054 2,709 464
Right of use assets recognized on adoption     $ 16,475
Reclassification of deferred financing costs to additional paid-in capital   $ 1,858