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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (18,591) $ (8,066)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 151 180
Stock-based compensation 1,809 347
Change in fair value of warrant liability   (8)
Gain on asset disposal (22)  
Amortization of operating lease right-of-use assets 368  
Net accretion and amortization in marketable securities 351  
Amortization of debt issuance costs 29  
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 607 70
Accounts payable 3,054 (294)
Accrued expenses and other liabilities (1,552) (227)
Operating lease liabilities (368)  
Net cash used in operating activities (14,164) (7,998)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (385) (365)
Purchases of marketable securities (65,506) (24,082)
Proceeds from maturities of marketable securities 18,005  
Net cash used in investing activities (47,886) (24,447)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on Series C issuance costs (192) (2,491)
Proceeds from stock option exercises 84  
Payments on capital lease obligations   (32)
Net cash used in financing activities (108) (2,523)
Net decrease in cash, cash equivalents and restricted cash (62,158) (34,968)
Cash, cash equivalents and restricted cash at beginning of period 116,174 59,836
Cash, cash equivalents and restricted cash at end of period 54,016 24,868
SUPPLEMENTAL NON-CASH OPERATING INFORMATION:    
Right-of-use assets obtained in exchange for lease liabilities 14,477  
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING INFORMATION:    
Property and equipment additions included in accounts payable and accrued liabilities 1,396  
Issuance costs for convertible preferred units included in accounts payable and accrued liabilities   141
Accrued tax distributions 14 1
Reconciliation of cash, cash equivalents and restricted cash as shown in the condensed consolidated statement of cash flows    
Cash and cash equivalents 53,668 24,719
Restricted cash 348 149
Total cash, cash equivalents and restricted cash $ 54,016 $ 24,868