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Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities    
Net loss $ (107,494) $ (71,317)
Adjustments to reconcile net loss to net cash used in operating activities    
Stock-based compensation expense 17,121 13,799
Vesting of common stock warrants in return for services 87 87
Change in fair value of derivative liability (2) 92
Depreciation and amortization 2,403 1,523
Amortization of right-of-use assets 1,477 1,497
Net amortization (accretion) of premium (discount) on marketable securities 1,059 719
Changes in operating assets and liabilities    
Accounts receivable 47 1,439
Prepaid expenses and other current assets 1,235 (4,225)
Other assets (11) 0
Accounts payable (1,638) 2,285
Accrued and other liabilities 2,485 689
Deferred revenue (3,130) (14,722)
Operating lease liabilities (324) (1,000)
Net cash used in operating activities (86,685) (69,134)
Cash flows from investing activities    
Acquisition of property and equipment (11,536) (9,110)
Purchase of marketable securities (153,313) (168,570)
Maturities of marketable securities 147,799 5,000
Net cash used in investing activities (17,050) (172,680)
Cash flows from financing activities    
Issuance of common stock upon offerings, net of issuance costs 0 114,296
Issuance of common stock upon exercise of stock options and warrants 2,730 3,360
Payment of offering costs (468) 0
Net cash provided by financing activities 3,085 118,089
Net decrease in cash and cash equivalents (100,650) (123,725)
Cash and cash equivalents, beginning of period 153,001 276,726
Cash and cash equivalents, end of period 52,351 153,001
Supplemental disclosures of noncash investing and financing information    
Purchases of property and equipment in accounts payable and accrued and other liabilities 937 2,199
Receivable for common stock issued upon exercise of stock options 264 545
Unpaid offering costs 0 152
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
Employee Stock Purchase Plan    
Cash flows from financing activities    
Issuance of common stock upon offerings, net of issuance costs $ 823 $ 433