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Condensed Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating activities    
Net loss $ (192,036) $ (91,130)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 9,207 3,683
Depreciation and amortization 1,578 763
Non-cash lease expense 1,043 611
Changes in operating assets and liabilities:    
Grants receivable 288 1,334
Prepaid expenses and other current assets (281) (295)
Prepaid research and development 12,014 (11,747)
Accounts payable 216 3,200
Accrued expenses and other liabilities 2,202 7,262
Lease liabilities (104) (796)
Other long term assets (5,511) 91
Net cash used in operating activities (171,384) (87,024)
Investing activities    
Purchase of property and equipment (2,866) (8,201)
Net cash used in investing activities (2,866) (8,201)
Financing activities    
Proceeds from stock option exercises 1,444 16
Proceeds from stock issuances pursuant to employee stock purchase plan 439  
Proceeds from initial public offering, net of issuance costs 232,546  
Proceeds from the issuance of convertible preferred stock, net of issuance costs   248,189
Payment of deferred initial public offering costs   (1,451)
Net cash provided by financing activities 234,429 246,754
Net increase in cash, cash equivalents and restricted cash 60,179 151,529
Cash, cash equivalents and restricted cash at beginning of year 173,133 21,604
Cash, cash equivalent and restricted cash at end of year 233,312 173,133
Supplemental disclosure of noncash activities    
Property and equipment purchases included in accounts payable and accrued expenses 127 140
Right-of-use assets obtained in exchange for operating lease liabilities 13,499 743
Remeasurement of operating lease right-of-use asset for lease modification $ 342 417
Deferred initial public offering costs included in accounts payable and accrued expenses   $ 928