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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net loss $ (54,630) $ (41,742) $ (35,087)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 1,510 1,544 1,301
Stock-based compensation 7,596 4,943 4,007
Amortization of premiums and discounts on marketable securities 1,770 317 (979)
Amortization of debt discount and issuance costs and other non-cash interest 91    
Changes in operating assets and liabilities      
Prepaid expenses and other current assets 1,051 (1,424) (553)
Accounts payable and accrued liabilities 1,217 313 2,208
Operating lease liabilities and other liabilities (1,042) (900) (774)
Net cash used in operating activities (42,437) (36,949) (29,877)
Cash flows from investing activities:      
Purchases of property and equipment (316) (194) (607)
Purchases of marketable securities (156,378) (225,728) (102,255)
Maturities of marketable securities 128,250 169,424 123,281
Net cash (used in) provided by investing activities (28,444) (56,498) 20,419
Cash flows from financing activities:      
Proceeds from long-term debt, net of debt discount and issuance costs of $469 9,531    
Proceeds from issuance of common stock under at-the-market offerings, net of issuance costs 100,970    
Proceeds from sale of common stock and pre-funded warrants in public offerings, net of offering costs   99,186  
Proceeds from issuance of common stock under employee stock incentive plans 2,084 456 272
Net cash provided by financing activities 112,585 99,642 272
Effect of exchange rate changes on cash and cash equivalents (50) 82 (45)
Net increase (decrease) in cash and cash equivalents 41,654 6,277 (9,231)
Cash and cash equivalents at the beginning of period 21,228 14,951 24,182
Cash and cash equivalents at the end of period 62,882 21,228 14,951
Supplemental disclosures of noncash investing and financing information:      
Reclassification of employee stock liability to equity upon vesting 21 41 $ 50
Purchase of property and equipment in accounts payable 442    
Unpaid offering costs in accrued liabilities   $ 25  
Supplemental disclosures      
Cash paid for interest $ 69