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Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities      
Net loss $ (34,495) $ (41,975) $ (34,346)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities      
Depreciation and amortization 1,381 1,245 886
Net amortization (accretion) of premiums (discounts) on marketable securities 578 (473) (808)
Stock-based compensation 3,609 2,168 950
Issuance of Series B redeemable convertible preferred stock pursuant to license agreement     3,812
Change in fair value of redeemable convertible preferred stock liability     (70)
Landlord contributions for leasehold improvements     367
Loss (gain) on sale of property and equipment 2 14 (54)
Gain on sale of marketable securities (18) (8) (11)
Changes in assets and liabilities      
Accounts receivable (1,877)    
Prepaid expenses and other assets (510) (1,963) (243)
Right-of-use assets (148) 1,093  
Accounts payable 225 (195) 322
Accrued and other liabilities 2,992 2,030 1,672
Contract liabilities 83,773    
Deferred rent     (97)
Lease liabilities (49) (1,249)  
Net cash provided by (used in) operating activities 55,463 (39,313) (27,620)
Cash flows from investing activities      
Purchases of property and equipment, net (493) (1,353) (1,708)
Purchases of marketable securities (242,314) (88,004) (133,301)
Maturities of marketable securities 96,564 73,528 65,830
Sales of marketable securities   18,094 6,000
Net cash (used in) provided by investing activities (146,243) 2,265 (63,179)
Cash flows from financing activities      
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs     105,358
Proceeds from issuance of common stock in public offering, net of issuance costs 100,664 50,321  
Proceeds from issuance of common stock in private placement, net of issuance costs 19,988    
Proceeds from issuance of common stock related to at-the-market offering program, net of issuance costs 6,582    
Proceeds from exercise of common stock options, net of repurchases 1,190 289 91
Proceeds from ESPP purchases 326    
Payments of deferred offering costs     (71)
Net cash provided by financing activities 128,750 50,610 105,378
Net increase in cash, cash equivalents and restricted cash 37,970 13,562 14,579
Cash, cash equivalents and restricted cash, at beginning of period 34,173 20,611 6,032
Cash, cash equivalents and restricted cash, at end of period 72,143 34,173 20,611
Reconciliation of cash, cash equivalents and restricted cash      
Cash and cash equivalents 72,037 34,067 20,505
Restricted cash 106 106 106
Cash, cash equivalents and restricted cash, at end of period 72,143 34,173 20,611
Supplemental disclosure of cash flow information:      
Cash paid for income taxes 1 1 1
Cash paid for interest 82 91 99
Supplemental non-cash investing and financing activities:      
Right-of-use asset obtained in exchange for new operating lease liability 1,191    
Unpaid deferred offering costs     499
Vesting of early exercised options and restricted stock 56 114 189
Purchases of property and equipment in accounts payable and accrued liabilities $ 520   604
Extinguishment of redeemable convertible preferred stock liability     3,137
Conversion of redeemable convertible preferred stock into common stock   $ 138,391  
Series B Redeemable Convertible Preferred Stock      
Supplemental non-cash investing and financing activities:      
Issuance of Series B redeemable convertible preferred stock pursuant to license agreement     $ 3,812