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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (45,355) $ (58,179)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,165 627
Purchase net premium on marketable securities (374) (102)
Net amortization of premium (accretion of discount) on marketable securities 490 (47)
Stock-based compensation 5,944 4,644
Non-cash operating lease expense 334 465
Other 2 (15)
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (1,555) (1,968)
Accounts payable (390) (539)
Operating lease liabilities (286) 92
Deferred revenue 6,405  
Accrued and other liabilities (828) (3,621)
Net cash used in operating activities (34,448) (58,643)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (573) (3,280)
Purchases of marketable securities (119,829) (98,000)
Proceeds from maturities of marketable securities 88,120 65,056
Net cash used in investing activities (32,282) (36,224)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of common stock and pre-funded warrants in public offering, net of offering costs   129,103
Proceeds from employee stock plan purchases and stock option exercises 1,654 744
Principal payments on finance lease obligation (341) (14)
Net cash provided by financing activities 1,313 129,833
Effect of exchange rate on cash, cash equivalents, and restricted cash (18) 4
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (65,435) 34,970
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH    
Beginning of period 91,937 20,753
End of period 26,502 55,723
Supplemental Disclosure of Non-Cash Investing and Financing Information:    
Leased assets obtained in exchange for lease obligations $ 872 172
Unpaid amounts related to purchase of property and equipment   $ 515