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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net loss $ (37,157) $ (91,665)
Adjustments to reconcile net loss to net cash from operating activities:    
Stock-based compensation expense 10,142 7,080
Gain on disposition (33,286)  
Loss on disposal of property and equipment 42  
Non-cash interest expense 470 388
Fair value of common stock earned in connection with license agreement   2,660
Depreciation and amortization expense 5,341 4,363
Accretion of investments   (40)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (1,238) (117)
Prepaid manufacturing services 63 (101)
Operating right-of-use assets 1,080 1,183
Other non-current assets   48
Accounts payable 96 (378)
Accrued expenses 862 (3,985)
Deferred revenue (19,048) 7,085
Operating lease liabilities (1,511) 10,118
Net cash used in operating activities (74,144) (63,361)
Cash flows from investing activities:    
Purchases of property and equipment (3,245) (21,052)
Maturities of investments   73,062
Net cash (used in) provided by investing activities (3,245) 52,010
Cash flows from financing activities:    
Proceeds from long-term debt, net of issuance costs   15,000
Proceeds from exercise of common stock options 3,738 232
Proceeds from public offering of common stock, net of issuance costs 61,674 74,351
Net cash provided by financing activities 65,412 89,583
Net (decrease) increase in cash, cash equivalents and restricted cash (11,977) 78,232
Cash, cash equivalents and restricted cash, beginning of period 93,085 14,853
Cash, cash equivalents and restricted cash, end of period 81,108 93,085
Supplemental disclosures:    
Cash paid for interest 2,242 1,403
Non-cash investing and financing activities:    
Purchases of property and equipment included in accounts payable and accrued expenses 152 1,122
Deferred offering costs included in accrued expenses 98 165
Accretion of redeemable convertible preferred stock to redemption value   10,784
Operating right-of-use assets obtained in exchange for operating lease liabilities 1,034 23,186
Conversion of convertible preferred stock into common stock   225,568
Reconciliation to amounts within the condensed consolidated balance sheets    
Cash and cash equivalents 76,938 88,915
Restricted cash 4,170 4,170
Cash, cash equivalents and restricted cash at end of period $ 81,108 $ 93,085