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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities      
Net loss $ (130,402,992) $ (102,900,600) $ (68,345,186)
Adjustments to reconcile net loss to net cash used in operating activities:      
Stock-based compensation expense 20,801,380 14,756,206 6,115,160
Non-cash research and development license expense   7,155,337  
Amortization of debt discount 1,077,015 786,750 649,993
Loss on extinguishment of debt   1,247,012  
Amortization of operating lease right-of-use asset 1,079,313 53,854  
Change in operating lease liability (1,181,620) 8,967  
Depreciation 76,350 23,864 37,330
Changes in operating assets and liabilities:      
Prepaid expenses and other current assets 103,087 264,722 833,265
Other assets (5,535) (177,500) (27,530)
Accounts payable (354,693) 2,560,697 7,256,080
Accrued expenses and other current liabilities 581,931 (2,235,878) 7,105,829
Net cash used in operating activities (108,225,764) (78,456,569) (46,375,059)
Cash flows from investing activities      
Purchases of equipment (307,549) (45,891) (16,121)
Net cash used in investing activities (307,549) (45,891) (16,121)
Cash flows from financing activities      
Proceeds from issuance of term loan   50,000,000 20,000,000
Payment of debt issuance costs (309,340) (1,102,609)  
Repayment of principal on term loan   (21,660,000) (7,238,889)
Proceeds from issuance of common stock upon financing, net 7,212,367 14,125,506 238,233,817
Proceeds from issuance of common stock upon exercise of warrants     249,836
Proceeds from issuance of common stock upon exercise of options 4,402,400 1,049,849 1,143,841
Payments of tax withholdings on stock award (175,713)    
Net cash provided by financing activities 11,129,714 42,412,746 252,388,605
Net (decrease) increase in cash (97,403,599) (36,089,714) 205,997,425
Cash at beginning of period 183,876,453 219,966,167 13,968,742
Cash at end of period 86,472,854 183,876,453 219,966,167
Supplemental disclosures of cash flow information:      
Interest paid $ 4,625,208 2,097,292 1,287,506
Operating lease right-of-use asset obtained in exchange for operating lease liability   1,793,328  
Supplemental disclosures of non-cash financing activity:      
Issuance of warrants in connection with debt financing   $ 884,216 $ 387,000