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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 loss $ (18,218) $ (18,728)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 355 154
Purchase net (premium) discount on marketable securities (174) 19
Net amortization of premium (accretion of discount) on marketable securities 181 (48)
Stock-based compensation 1,757 1,348
Non-cash operating lease expense 108 152
Changes in operating assets and liabilities:    
Accounts receivable - license (21,500)  
Prepaid expenses and other assets (340) (2,696)
Accounts payable (376) 262
Operating lease liabilities (123) (92)
Deferred revenue 21,500  
Accrued and other liabilities (2,700) (2,065)
Net cash used in operating activities (19,530) (21,694)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (450) (1,389)
Purchases of marketable securities (24,250) (4,000)
Proceeds from maturities of marketable securities 34,000 20,142
Net cash provided by investing activities 9,300 14,753
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from employee stock plan purchases and stock option exercises 367 289
Principal payments on finance lease obligation (5) (7)
Net cash provided by financing activities 362 282
Effect of exchange rate on cash, cash equivalents, and restricted cash 7  
NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (9,861) (6,659)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH    
Beginning of period 91,937 20,753
End of period $ 82,076 14,094
Supplemental Disclosure of Non-Cash Investing and Financing Information:    
Leased assets obtained in exchange for lease obligations   137
Unpaid amounts related to purchase of property and equipment   $ 1,057