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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2022
Mar. 31, 2022
Sep. 30, 2021
Mar. 31, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Cash flows from operating activities:              
Net loss $ (24,635) $ (24,528) $ (17,410) $ (11,813) $ (76,534) $ (52,821)  
Adjustments to reconcile net loss to net cash used in operations:              
Stock-based compensation         4,769 4,251  
Depreciation         2,068 937  
Net amortization of premium on investments         1,509 774  
Impairment losses         770 0  
Non-cash operating lease expense         220 0  
Changes in operating assets and liabilities:              
Prepaid expenses and other current assets         3,060 (1,239)  
Other assets         (87) 75  
Accounts payable         (7,197) 846  
Accrued expenses and other current liabilities         1,066 6,431  
Non-current operating lease liabilities         (517) 0  
Deferred revenue         216 1,044  
Deferred rent         0 1,303  
Net cash used in operating activities         (70,657) (38,399)  
Cash flows from investing activities:              
Purchase of property and equipment         (10,921) (5,936)  
Net change in investments         28,897 (30,108)  
Net cash (used in) provided by investing activities         17,976 (36,044)  
Cash flows from financing activities:              
Proceeds from the exercise of stock options and purchases pursuant to employee stock purchase plan         171 1,639  
Net cash provided by financing activities         171 1,639  
Net decrease in cash and cash equivalents         (52,510) (72,804)  
Cash and cash equivalents, beginning of period   $ 92,268   $ 157,898 92,268 157,898 $ 157,898
Cash and cash equivalents, end of period $ 39,758   $ 85,094   39,758 85,094 $ 92,268
Supplemental disclosures of non-cash financial activities:              
Operating lease liabilities recognized for operating right-of-use assets         5,447 0  
Operating right-of-use assets exchanged for operating lease liabilities         2,945 0  
Unpaid amounts related to purchases of property and equipment         $ 221 $ 651