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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (69,199) $ 10,476
Adjustments to reconcile net loss to net cash used in operating activities:    
Gain from sale of priority review voucher, net   (62,010)
Depreciation and amortization 383 346
Stock-based compensation 18,724 9,525
Foreign currency transactions 1,733 513
Changes in assets and liabilities:    
Accounts receivable, net 504 (8,517)
Inventories (1,282) (3,820)
Other current assets 1,220 4,284
Other assets (2,579) (1,503)
Accounts payable (2,261) (2,569)
Accrued liabilities and other 4,732 2,658
NET CASH USED IN OPERATING ACTIVITIES (48,025) (50,617)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment   (441)
Net proceeds from sale of priority review voucher   62,010
NET CASH PROVIDED BY INVESTING ACTIVITIES   61,569
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of common stock, net of issuance costs   107,725
Proceeds from exercised stock options 32 241
NET CASH PROVIDED BY FINANCING ACTIVITIES 32 107,966
Effect of exchange rates on cash and cash equivalents 94 35
NET INCREASE / (DECREASE) IN CASH AND CASH EQUIVALENTS (47,899) 118,953
Cash and cash equivalents at the beginning of period 181,564 114,634
Cash and cash equivalents at the end of period 133,665 $ 233,587
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES    
Intangible assets acquisition in accrued milestones and royalty payments $ 1,500