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Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities    
Net loss $ (36,069) $ (19,968)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 974 826
Net amortization (accretion) of premiums (discounts) on marketable securities 518 899
Stock-based compensation 5,649 3,976
Amortization of right-of-use assets 694 642
Changes in assets and liabilities    
Accounts receivable 815 552
Prepaid expenses and other assets (51) (1,719)
Accounts payable 1,916 796
Accrued and other liabilities 3,099 1,724
Contract liabilities (16,358) (13,633)
Lease liabilities (826) (749)
Net cash used in operating activities (39,639) (26,654)
Cash flows from investing activities    
Purchases of property and equipment, net (2,342) (1,581)
Purchases of marketable securities (102,222) (133,046)
Maturities of marketable securities 100,119 117,663
Sales of marketable securities 0 4,018
Net cash used in investing activities (4,445) (12,946)
Cash flows from financing activities    
Proceeds from issuance of common stock related to at-the-market offering program, net of issuance costs (75) 57,308
Proceeds from ESPP purchase 784 327
Proceeds from exercise of common stock options, net of repurchases 435 355
Net cash provided by financing activities 1,144 57,990
Net increase (decrease) in cash, cash equivalents and restricted cash (42,940) 18,390
Cash, cash equivalents and restricted cash, at beginning of period 92,152 72,143
Cash, cash equivalents and restricted cash, at end of period 49,212 90,533
Reconciliation of cash, cash equivalents and restricted cash    
Cash and cash equivalents 49,106 90,427
Restricted cash 106 106
Cash, cash equivalents and restricted cash 49,212 90,533
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 0 4
Cash paid for interest 32 37
Supplemental non-cash investing and financing activities:    
Purchases of property and equipment in accounts payable and accrued liabilities 1,021 378
Unpaid offering costs 0 171
Vesting of early exercised options and restricted stock $ 0 $ 21