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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities    
Net income (loss) $ 30,713 $ (3,988)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Stock-based compensation expense 7,273 189
Depreciation and amortization expense 7 4
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 1,151 (192)
Other assets (356)  
Accounts payable 3,732 (150)
Accrued expenses and other liabilities 6,628 (371)
Deferred revenue (65,985)  
Net cash used in operating activities (16,837) (4,508)
Cash flows from financing activities    
Proceeds from issuance of common stock for exercise of stock options 471  
Payments made for initial public offering costs   (6)
Net cash provided by (used in) financing activities 471 (6)
Net decrease in cash, cash equivalents and restricted cash (16,366) (4,514)
Cash, cash equivalents and restricted cash at the beginning of period 850,224 21,768
Cash, cash equivalents and restricted cash at the end of period 833,858 17,254
Cash, cash equivalents and restricted cash at the end of period    
Cash and cash equivalents 833,751 17,147
Restricted cash 107 107
Cash, cash equivalents and restricted cash at the end of period $ 833,858 $ 17,254