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Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities    
Net loss $ (51,172) $ (47,563)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation 393 239
Loss on disposal of property and equipment 618  
Non-cash interest expense, and amortization of debt discount and issuance costs 48 102
Amortization of premiums / (accretion of discounts), net on marketable securities 651 83
Stock-based compensation 5,364 4,018
Changes in assets and liabilities    
Prepaid expenses and other assets (946) 1,455
Accounts payable (1,212) (1,625)
Accrued and other current liabilities 3,268 974
Other non-current liabilities (9) (10)
Net cash used in operating activities (42,997) (42,327)
Cash flows from investing activities    
Purchases of marketable securities (88,620) (34,008)
Proceeds from maturities of marketable securities 39,873 97,172
Purchases of property and equipment (2,030) (5,165)
Net cash (used in) provided by investing activities (50,777) 57,999
Cash flows from financing activities    
Repayment of debt (2,000) (2,000)
Proceeds from private placement financing, net of issuance costs 75,215  
Payment of offering costs   (235)
Proceeds from issuance of common stock under employee plans 68 134
Net cash provided by (used in) financing activities 73,283 (2,101)
Net (decrease) increase in cash and cash equivalents (20,491) 13,571
Cash and cash equivalents    
Cash and cash equivalents, at beginning of period 36,326 22,755
Cash and cash equivalents, at end of period 15,835 36,326
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 5  
Cash paid for interest 126 259
Supplemental non-cash investing and financing activities:    
Purchases of property and equipment in accounts payable and accrued and other current liabilities $ 24 $ 724