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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net loss $ (44,671) $ (38,031)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 9,830 10,700
Depreciation expense 1,415 1,303
Non-cash lease expense 1,262 421
Non-cash interest expense 443 16
Loss on disposal of assets 0 16
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 1,636 1,248
Accounts payable 797 (2,355)
Deferred revenue 0 (14,068)
Lease liabilities (912) 374
Accrued expenses (621) (2,772)
Net cash used in operating activities (30,821) (43,148)
Cash flows from investing activities:    
Purchases of property and equipment (16) (2,542)
Purchase of marketable securities (38,108) (43,023)
Redemption of marketable securities 31,483 2,500
Net cash used in investing activities (6,641) (43,065)
Cash flows from financing activities:    
Proceeds from issuance of common stock, net 61 900
Proceeds from Employee Stock Purchase Plan 139 0
Net cash provided by financing activities 200 900
Net decrease in cash, cash equivalents and restricted cash (37,262) (85,313)
Cash, cash equivalents, and restricted cash at beginning of period 81,334 222,161
Cash, cash equivalents, and restricted cash at end of period 44,072 136,848
Non-cash items:    
Purchases of property and equipment included in accrued expenses 0 12
Purchases of property and equipment and right of use assets in accounts payable $ 0 $ 760