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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
OPERATING CASH FLOW ACTIVITIES:    
Net loss $ (156,797) $ (110,949)
Reconciliation of net loss to net cash used in operating activities    
Depreciation 240 246
Accretion of debt discount and amortization of financing costs 1,066 538
Change in fair value of derivative liabilities (316) (63)
Stock-based compensation expense 15,015 12,790
Payable-in-kind interest on Credit Agreement 1,215 403
Loss on disposal of equipment 2  
Operating lease right-of-use assets 214 202
Changes in operating assets and liabilities    
Accounts receivable (487)  
Inventory (33) (1,408)
Prepaid expenses, other current assets and other assets 1,724 (4,934)
Accounts payable, accrued expenses, due to related parties, and other current liabilities 9,098 3,795
Accrued interest 1,153 2,896
Operating lease liabilities (237) (218)
Net cash used in operating activities (128,143) (96,702)
INVESTING CASH FLOW ACTIVITIES:    
Purchases of equipment and leasehold improvements (20) (139)
Net cash used in investing activities (20) (139)
FINANCING CASH FLOW ACTIVITIES:    
Proceeds from long-term debt   98,600
Debt issuance costs   (2,646)
Proceeds from issuance of common stock 24,657  
Offering costs for common stock issuance (739)  
Payment of employee tax obligations related to vesting restricted stock units (27)  
Exercise of stock options 508 233
Net cash provided by financing activities 24,399 96,187
Net decrease in cash and cash equivalents (103,764) (654)
Cash and cash equivalents, beginning of the period 193,725 232,968
Cash and cash equivalents, end of the period $ 89,961 232,314
Supplemental cash flow information:    
Issuance of stock purchase warrants   $ 3,245