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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (99,404) $ (57,892)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 279 87
Stock-based compensation 7,799 3,180
Non-cash expense in connection with equity issuance to MSK/MIT 1,331  
Non-cash expense in connection with equity issuance to inventors 7,376  
Foreign currency transactions (62) 123
Changes in assets and liabilities:    
Other current assets 1,939 2,262
Other assets 2 (131)
Accounts payable 1,800 1,031
Accrued liabilities and other 5,404 2,422
NET CASH USED IN OPERATING ACTIVITIES (73,536) (48,918)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (131) (818)
Loans to inventors (2,610)  
NET CASH USED IN INVESTING ACTIVITIES (2,741) (818)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from exercised stock options 585  
NET CASH PROVIDED BY FINANCING ACTIVITIES 585  
Effect of exchange rates on cash and cash equivalents (177) 57
NET DECREASE IN CASH AND CASH EQUIVALENTS (75,869) (49,679)
Cash and cash equivalents at the beginning of period 207,136 147,871
Cash and cash equivalents at the end of period 131,267 98,192
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES    
Property and equipment purchases in accounts payable   752
Right-of-use assets obtained in exchange for lease obligations $ 2,679 $ 901