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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net loss $ (10,308) $ (22,502)
Adjustments to reconcile net loss to net cash from operating activities:    
Stock-based compensation expense 2,273 1,750
Non-cash interest expense 135 67
Depreciation and amortization expense 1,386 1,028
Accretion of investments   (40)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 273 3,154
Operating right-of-use assets 236 502
Accounts payable 270 (920)
Accrued expenses (1,696) (4,315)
Deferred revenue (12,345) (134)
Operating lease liabilities 139 2,421
Net cash used in operating activities (19,637) (18,989)
Cash flows from investing activities:    
Purchases of property and equipment (1,526) (14,065)
Maturities of investments   70,562
Net cash (used in) provided by investing activities (1,526) 56,497
Cash flows from financing activities:    
Proceeds from exercise of common stock options 316 18
Proceeds from public offering of common stock, net of issuance costs 62,204  
Net cash provided by financing activities 62,520 18
Net Increase in cash, cash equivalents and restricted cash 41,357 37,526
Cash, cash equivalents and restricted cash, beginning of period 93,085 14,852
Cash, cash equivalents and restricted cash, end of period 134,442 52,378
Supplemental disclosures:    
Cash paid for interest 563 228
Non-cash investing and financing activities:    
Purchases of property and equipment included in accounts payable and accrued expenses 457 3,136
Deferred offering costs included in accrued expenses 336  
Accretion of redeemable convertible preferred stock to redemption value   3,372
Operating right-of-use assets obtained in exchange for operating lease liabilities   23,186
Reconciliation to amounts within the condensed consolidated balance sheets    
Cash and cash equivalents 130,272 47,842
Restricted cash   366
Restricted cash, net of current portion 4,170 4,170
Cash, cash equivalents and restricted cash at end of period $ 134,442 $ 52,378