XML 17 R7.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Cash Flows Used in Operating Activities      
Net loss $ (13,835) $ (20,395)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 64 73  
Accretion of discounts on investments   3  
Stock-based compensation 1,180 2,695  
Gain on remeasurement of the lease liability   (362)  
Non-cash lease expense 273 351  
Changes in operating assets and liabilities:      
Receivables (127) 513  
Prepaid expenses and other current assets (146) (619)  
Accounts payable (1,526) (390)  
Accrued liabilities (1,560) (3,402)  
Lease liability (333) (469)  
Net cash used in operating activities (16,010) (22,002) $ (66,300)
Cash Flows Provided by Investing Activities      
Proceeds from sale and maturity of investments   6,500  
Net cash provided by investing activities   6,500  
Cash Flows Provided by Financing Activities      
Proceeds from issuance of common stock through an at-the-market offering, net 1,137 9,535  
Proceeds from stock options exercises   2  
Net cash provided by financing activities 1,137 9,537  
Net decrease in cash, cash equivalents, and restricted cash (14,873) (5,965)  
Cash, cash equivalents, and restricted cash at beginning of period 59,807 107,586 107,586
Cash, cash equivalents, and restricted cash at end of period 44,934 101,621 $ 59,807
Supplemental Disclosure of Non-Cash Activities:      
Unpaid amounts related to stock issuance and deferred financing costs $ 417 $ 47