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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (104,679) $ (58,744)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 674 378
Loss on disposal of fixed asset 12 46
Stock-based compensation expense 18,682 11,722
Non-cash lease expense 941 520
Changes in operating assets and liabilities:    
Accounts receivable 18,000 (18,000)
Prepaid expenses and other current assets (3,321) (1,548)
Other assets (1,574) 0
Accounts payable (408) 1,485
Right-of-use assets and operating lease liabilities (3,711) (597)
Accrued expenses and other current liabilities 5,322 2,652
Other liabilities 0 (62)
Net cash used in operating activities (70,062) (62,148)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (1,241) (1,024)
Net cash used in investing activities (1,241) (1,024)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 818 379
Net cash provided by financing activities 120,309 28,550
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 49,006 (34,622)
Cash, cash equivalents and restricted cash at beginning of year 231,369 265,991
Cash, cash equivalents and restricted cash at end of year 280,375 231,369
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Property and equipment purchases still in accounts payable 75 11
Issuance cost still in accrued and accounts payable 63 75
Right-of-use assets obtained in exchange for operating lease obligation 15,423 0
Reconciliation of cash, cash equivalents and restricted cash    
Cash and cash equivalents 279,048 230,042
Restricted cash 1,327 1,327
Total cash, cash equivalents and restricted cash 280,375 231,369
At The Market Offering    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock, net of offering cost 119,578 28,171
Payment of issuance costs $ (87) $ 0