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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
OPERATING ACTIVITIES    
Net loss $ (70,441) $ (51,430)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 25,513 19,256
Depreciation and amortization 2,839 1,722
Loss on disposal of property and equipment 261 0
Net amortization of premium and unrealized loss on available-for-sale securities 307 819
Non-cash operating lease expense 1,497 764
Changes in operating assets and liabilities:    
Accounts receivable, net (2,042) (1,165)
Related party receivables 454 (604)
Other receivables (646) (513)
Prepaid expenses and other current assets (742) (1,959)
Inventory (2,372) (2,006)
Other assets (294) (52)
Accounts payable (443) 302
Deferred revenue (51) (139)
Accrued expenses (190) 1,150
Operating lease liabilities (355) (49)
Other current liabilities 181  
Other noncurrent liabilities 0 (74)
Net cash used in operating activities (46,524) (33,978)
INVESTING ACTIVITIES    
Purchases of property and equipment (5,292) (5,588)
Proceeds from Sale of Property, Plant, and Equipment 170 0
Purchase of available-for-sale securities (202,748) (169,801)
Proceeds from maturities of available-for-sale securities 87,863 92,000
Net cash used in investing activities (120,007) (83,389)
FINANCING ACTIVITIES    
Proceeds from issuance of common stock upon follow-on public offering, net of issuance costs 0 102,959
Proceeds from return of profit 0 11,403
Repurchase of Class A common stock (20) (35)
Proceeds from exercise of Class A common stock options including early exercised options 1,387 1,038
Proceeds from issuance of common stock in connection with employee stock purchase plan 420 0
Net cash provided by financing activities 1,787 115,365
Net decrease in cash, cash equivalents and restricted cash (164,744) (2,002)
Cash, cash equivalents and restricted cash, beginning of period 233,337 333,928
Cash, cash equivalents and restricted cash, end of period 68,593 331,926
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES    
Lease liability obtained in exchange for right-of-use assets 6,855 23,232
Accounts Payable    
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES    
Property and equipment purchases included in accounts payable and in accrued expenses 814 183
Accrued Liabilities    
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES    
Property and equipment purchases included in accounts payable and in accrued expenses $ 14 $ 271