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Condensed Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating activities    
Net loss $ (48,547) $ (86,083)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 3,331 4,086
Depreciation and amortization 559 5,268
Non-cash lease expense 3,901 1,953
Impairment of long-lived assets 2,766 0
Changes in operating assets and liabilities:    
Accounts receivable 304 (250)
Inventory 0 (2,027)
Prepaid expenses and other current assets 1,251 (747)
Other long-term assets 0 980
Accounts payable (1,071) (1,009)
Accrued expenses and other liabilities (2,309) (8,525)
Lease liabilities (2,068) (239)
Net cash used in operating activities (41,883) (86,593)
Investing activities    
Purchase of property and equipment (579) (1,566)
Net cash used in investing activities (579) (1,566)
Financing activities    
Proceeds from stock option exercises 0 98
Proceeds from stock issuances pursuant to employee stock purchase plan 33 308
Net cash provided by financing activities 33 406
Net decrease in cash, cash equivalents and restricted cash (42,429) (87,753)
Cash, cash equivalents and restricted cash at beginning of period 131,967 233,312
Cash, cash equivalents and restricted cash at end of period 89,538 145,559
Supplemental disclosure of noncash investing and financing activities    
Right-of-use assets obtained in exchange for lease liability 7,265 19,245
Remeasurement of operating lease right-of-use asset for lease modification $ (18,696) $ 0