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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Net income (loss) $ 4,618 $ (21,319)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 352 326
Noncash lease expense 645 686
Stock-based compensation expense 4,350 3,043
Net amortization of premiums and accretion discounts on investments 9
Loss on disposal of property and equipment 18
Amortization of deferred debt issuance costs 18 184
Impairment of in-process research and development 0 460
Reduction to revenue 0 3,981
Remeasurement of contingent consideration liability 0 (380)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 1,077 36
Accounts receivable - related party 185
Other non-current assets 117 (377)
Accounts payable (612) 196
Contract liabilities — related party (4,805)
Operating lease liabilities (361) (438)
Accrued and other current liabilities (1,497) (1,553)
Net cash used in operating activities 4,105 (15,146)
Cash flows from investing activities    
Proceeds from sales of marketable debt securities 7,500
Proceeds from maturities of marketable debt securities 1,000
Purchases of property and equipment (2,632) (658)
Net cash provided by (used in) investing activities (2,632) 7,842
Cash flows from financing activities    
Taxes withheld and paid related to net share settlement of equity awards (1,106)
Proceeds from issuance of common stock, net of issuance costs 143,754
Proceeds from exercise of stock options 94 976
Deferred issuance costs (122) (157)
Net cash provided by (used in) financing activities (1,134) 144,887
Net change in cash, cash equivalents and restricted cash 339 137,583
Cash, cash equivalents and restricted cash, at the beginning of period 277,694 88,857
Cash, cash equivalents and restricted cash, at the end of period 278,033 226,440
Reconciliation of cash, cash equivalents and restricted cash:    
Cash and cash equivalents 277,883 221,667
Restricted cash 150 4,773
Cash, cash equivalents and restricted cash, at the end of period 278,033 226,440
Supplemental cash flow information    
Cash received from tax refund 158
Supplemental disclosures of noncash investing and financing activities    
Purchases of property and equipment included in accounts payable 1,481 67
Adjustment to goodwill $ 56