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Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating activities    
Net loss $ (113,012) $ (192,036)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 5,368 9,207
Depreciation and amortization 8,830 1,578
Non-cash lease expense 2,771 1,043
Impairment of long-lived assets 3,593 0
Changes in operating assets and liabilities:    
Accounts receivable (125) 288
Prepaid expenses and other current assets 604 (281)
Prepaid research and development 0 12,014
Other long-term assets and liabilities 741 (5,615)
Accounts payable (1,194) 216
Accrued expenses and other liabilities (7,712) 2,202
Net cash used in operating activities (100,136) (171,384)
Investing activities    
Purchase of property and equipment (1,615) (2,866)
Net cash used in investing activities (1,615) (2,866)
Financing activities    
Proceeds from stock option exercises 98 1,444
Proceeds from stock issuances pursuant to employee stock purchase plan 308 439
Proceeds from initial public offering, net of issuance costs 0 232,546
Net cash provided by financing activities 406 234,429
Net (decrease) increase in cash, cash equivalents and restricted cash (101,345) 60,179
Cash, cash equivalents and restricted cash at beginning of year 233,312 173,133
Cash, cash equivalent and restricted cash at end of year 131,967 233,312
Supplemental disclosure of noncash activities    
Right-of-use assets obtained in exchange for operating lease liabilities $ 19,245 $ 13,499