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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 $ (94,616) $ (51,158)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 1,895 1,117
Loss on disposal of property and equipment 0 74
Stock‑based compensation expense 9,895 2,526
Amortization of premiums and discounts on marketable securities, net 151 0
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (14,022) (6,733)
Right-of-use assets, operating leases 7,651  
Other non-current assets (4,338) (331)
Accounts payable 5,287 (715)
Accrued expenses and other current liabilities 1,762 3,962
Deferred rent 0 396
Operating lease liabilities (7,451)  
Net cash used in operating activities (93,786) (50,862)
Cash flows from investing activities:    
Purchases of property and equipment (2,887) (4,580)
Purchases of marketable securities (221,977) 0
Maturities of marketable securities 76,214 0
Net cash used in investing activities (148,650) (4,580)
Cash flows from financing activities:    
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs 0 115,831
Proceeds from issuance of common stock upon initial public offering, net of issuance costs 0 190,691
Proceeds from exercise of stock options 195 410
Proceeds from the early exercise of stock options 0 529
Proceeds from issuance of common stock under the employee stock purchase plan 284 0
Net cash provided by financing activities 479 307,461
Net (decrease) increase in cash, cash equivalents and restricted cash (241,957) 252,019
Cash, cash equivalents and restricted cash at beginning of year 291,064 39,045
Cash, cash equivalents and restricted cash at end of year 49,107 291,064
Supplemental cash flow disclosures:    
Purchases of property and equipment included in accounts payable and accrued expenses 88 155
Conversion of preferred stock to common stock upon initial public offering 0 197,489
Vesting of options early exercised subject to repurchase 135 250
Recognition of right-of-use asset upon adoption of ASC 842 32,991  
Transfer of deposits for equipment from operating to investing cash flows $ 495 $ 0