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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net loss $ (93,867) $ (88,696) $ (62,131)
Adjustments to reconcile net loss to net cash used in operating activities:      
Stock-based compensation expense 5,199 6,180 5,428
Depreciation and amortization expense 513 499 351
Goodwill impairment 0 9,758 0
Non-cash lease expense 1,481 1,393 879
Accretion of debt discount 918 756 532
Loss on extinguishment of debt 0 0 162
Change in fair value of warrant and derivative liability 2,881 366 437
Other 37 337 (413)
Changes in operating assets and liabilities:      
Prepaid expenses, other current assets and research and development incentive receivable (610) (1,755) (1,655)
Accounts payable 3,425 1,166 1,031
Accrued expenses 3,803 (152) 1,517
Operating lease liabilities (882) (698) (1,067)
Operating lease right-of-use asset, net of non-cash portion 0 (59) (3,889)
Net cash used in operating activities (77,102) (70,905) (58,818)
Cash flows from investing activities:      
Purchase of property, equipment and intangible assets (103) (615) (1,362)
Net cash used in investing activities (103) (615) (1,362)
Cash flows from financing activities:      
Proceeds from exercise of stock options, warrants and pre-funded warrants and issuance of shares of common stock under employee stock purchase plans 208 260 561
Issuance costs related to sale of warrants for the purchase of common stock accounted for as a liability and amendments to loan and security agreement (Note 10) (4,802) 0 0
Employee taxes paid related to net share settlement of vested restricted stock units (12) 0 (278)
Proceeds from borrowings under loan and security agreements, net of issuance costs 0 0 12,388
Repayments of borrowings under loan and security agreement (795) 0 0
Proceeds from sale of shares of common stock, redeemable common stock, warrants and pre-funded warrants, net of issuance costs 122,631 75,985 (277)
Payments for Repurchase of Common Stock 0 (2,000) 0
Net cash provided by financing activities 117,230 74,245 12,394
Effect of exchange rate changes on cash, cash equivalents and restricted cash (105) (319) 402
Net increase (decrease) in cash, cash equivalents and restricted cash 39,920 2,406 (47,384)
Cash, cash equivalents and restricted cash at beginning of period 83,108 80,702 128,086
Cash, cash equivalents and restricted cash at end of period 123,028 83,108 80,702
Supplemental disclosure of cash flow information      
Cash paid for interest 3,006 2,906 2,099
Supplemental disclosure of non-cash investing and financing activities:      
Acquisition of property, equipment and right-of-use assets included in accounts payable 0 0 54
Lease Obligation Incurred 0 1,343 0
Issuance costs not yet paid $ 661 $ 24 $ 0