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Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities    
Net loss $ (54,424) $ (23,995)
Adjustments to reconcile net loss to net cash used in operating activities    
Stock-based compensation expense 8,255 6,145
Vesting of common stock warrants 44 44
Change in fair value of derivative liability 8 85
Depreciation and amortization 872 753
Amortization of right-of-use assets 741 737
Net amortization (accretion) of premium (discount) on marketable securities 1,051 0
Changes in operating assets and liabilities    
Accounts receivable 47 268
Prepaid expenses and other current assets 2,660 653
Accounts payable (1,454) (172)
Accrued and other liabilities (422) (904)
Deferred revenue (1,382) (14,454)
Operating lease liabilities 550 (737)
Net cash used in operating activities (43,454) (31,577)
Cash flows from investing activities    
Purchase of marketable securities (65,879) 0
Maturities of marketable securities 77,716 0
Acquisition of property and equipment (8,479) (1,379)
Net cash provided by (used in) investing activities 3,358 (1,379)
Cash flows from financing activities    
Payment of offering costs (360) (946)
Proceeds from the exercise of stock options and warrants 939 919
Net cash provided by (used in) financing activities 579 (27)
Net decrease in cash and cash equivalents (39,517) (32,983)
Cash and cash equivalents, beginning of period 153,001 276,726
Cash and cash equivalents, end of period 113,484 243,743
Supplemental disclosures of noncash investing and financing information    
Decrease in right-of-use assets due to reduction in operating lease liabilities upon modification 0 (478)
Issuance of common stock warrant to settle liability 0 1,146
Purchases of property and equipment in accounts payable and accrued and other liabilities $ 1,298 $ 347