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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows used in operating activities:    
Net loss $ (34,780) $ (31,620)
Adjustments to reconcile net loss to cash used in operating activities:    
Stock-based compensation expense 6,251 8,938
Depreciation and amortization expense 545 305
Reduction in carrying amount of right-of-use asset 1,517 1,184
(Amortization) accretion of (premium) discount on marketable securities (646) 664
Amortization of debt discount − related party 176 176
Other 32 0
Changes in operating assets and liabilities:    
Accounts receivable 945 3,944
Prepaid expenses and other current and long-term assets 498 309
Accounts payable (138) (1,152)
Accrued expenses and other current liabilities (3,670) (3,766)
Operating lease liability (1,124) 304
Deferred revenue (2,731) (5,882)
Net cash used in operating activities (33,125) (26,596)
Cash flows provided by (used in) investing activities:    
Proceeds from maturities of marketable securities 65,557 72,387
Purchases of marketable securities (11,437) (76,219)
Purchases of property and equipment (589) (172)
Net cash provided by (used in) investing activities 53,531 (4,004)
Cash flows (used in) provided by financing activities:    
Payment of long-term debt − related party (750) 0
Payments for repurchase of common stock for tax withholding (94) 0
Proceeds from exercise of stock options 56 260
Other 104 220
Net cash (used in) provided by financing activities (684) 480
Net change in cash, cash equivalents and restricted cash 19,722 (30,120)
Cash, cash equivalents and restricted cash at beginning of period 33,033 79,403
Cash, cash equivalents and restricted cash at end of period 52,755 49,283
Reconciliation of cash, cash equivalents and restricted cash:    
Cash, cash equivalents and restricted cash at end of period 52,755 49,283
Less: restricted cash (3,279) (3,279)
Cash and cash equivalents at end of the period 49,476 46,004
Supplemental disclosures of cash flow information:    
Cash paid for interest − related party 430 473
Cash paid for leases 2,120 908
Supplemental disclosures of non-cash investing and financing activities:    
Capital expenditures in accounts payable and accrued expenses 196 52
Operating lease liabilities arising from obtaining right-of-use assets $ 0 $ 44,067