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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (25,048) $ (40,146)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 753 376
Purchase net (premium) discount on marketable securities (405) 19
Net amortization of premium (accretion of discount) on marketable securities 341 (58)
Stock-based compensation 3,837 2,948
Non-cash operating lease expense 219 306
Other 4 (15)
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (2,876) (1,637)
Accounts payable (55) 1,318
Operating lease liabilities (155) (277)
Deferred revenue 7,804  
Accrued and other liabilities (1,867) (3,941)
Net cash used in operating activities (17,448) (41,107)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (480) (2,714)
Purchases of marketable securities (93,579) (75,500)
Proceeds from maturities of marketable securities 56,000 36,206
Net cash used in investing activities (38,059) (42,008)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of common stock and pre-funded warrants in public offering, net of offering costs   129,250
Proceeds from employee stock plan purchases and stock option exercises 403 333
Principal payments on finance lease obligation (233) (8)
Net cash provided by financing activities 170 129,575
Effect of exchange rate on cash, cash equivalents, and restricted cash 11  
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (55,326) 46,460
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH    
Beginning of period 91,937 20,753
End of period 36,611 67,213
Supplemental Disclosure of Non-Cash Investing and Financing Information:    
Leased assets obtained in exchange for lease obligations 872 176
Unpaid amounts related to purchase of property and equipment $ 23 $ 440