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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net loss $ (110,489) $ (70,358)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 2,668 2,086
Stock-based compensation expense 22,785 11,113
Purchase net discount (premium) on marketable securities 1,651 (662)
Net amortization of premiums on marketable securities 194 332
Non-cash lease expense 2,090 1,507
Changes in assets and liabilities:    
Prepaid expenses and other current assets 2,892 (1,573)
Other non-current assets 36 (283)
Accounts payable (2,051) 685
Accrued liabilities 4,957 3,323
Lease liabilities, net (1,949) (1,446)
Deferred Revenue 149,634
Net cash provided by (used in) operating activities 72,418 (55,276)
Cash flows from investing activities:    
Purchase of property, plant and equipment (4,800) (9,235)
Purchases of marketable securities (282,512) (48,000)
Proceeds from maturities of marketable securities 84,227 114,569
Proceeds from the sales of marketable securities 0 2,997
Net cash (used in) provided by investing activities (203,085) 60,331
Cash flows from financing activities:    
Payment of employee taxes and exercise costs for shares withheld (1,015)
Proceeds from exercise of stock options 139 524
Proceeds from purchases under the employee stock purchase plan 477 405
Proceeds from issuance of common stock in public offering, net of offering costs 217,987
Net cash provided by (used in) financing activities 218,603 (86)
Net increase in cash, cash equivalents, and restricted cash 87,936 4,969
Beginning of period 134,035 241,080
End of period 221,971 246,049
Cash and Cash Equivalents, at Carrying Value 221,274 246,049
Restricted Cash and Cash Equivalents 697
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 221,971 246,049
Supplemental disclosure of non-cash investing and financing activities:    
Right-of-use assets recognized in exchange for lease obligations 2,315 1,844
Unpaid amounts related to purchase of property, plant and equipment $ 1,156 $ 814