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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net loss $ (69,605) $ (47,498)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 4,081 3,653
Accretion of marketable securities (235)  
Non-cash interest expense related to note payable 655 44
Stock-based compensation 3,708 3,254
Changes in current assets and liabilities:    
Prepaid expenses and other assets 1,034 (235)
Prepaid rent   (2,165)
Right-of-use assets and lease liabilities, net 543 (94)
Accounts payable 589 114
Accrued expense and other liabilities 2,542 (591)
Deferred revenue 19,096 (6,975)
Net cash used in operating activities (37,592) (50,493)
Cash flows from investing activities:    
Purchases of property and equipment (2,677) (2,848)
Purchases of marketable securities (59,995)  
Net cash used in investing activities (62,672) (2,848)
Cash flows from financing activities:    
Proceeds from issuance of common stock, net of offering costs 42,414  
Proceeds from issuance of pre-funded warrants, net of offering costs 92,318  
Proceeds from exercise of stock options 692 124
Proceeds from issuance of term loan, net of issuance costs paid to lender   29,354
Payments of debt issuance costs   (230)
Net cash provided by financing activities 135,424 29,248
Net increase (decrease) in cash, cash equivalents and restricted cash 35,160 (24,093)
Cash, cash equivalents, and restricted cash - beginning of period 125,064 166,436
Cash, cash equivalents, and restricted cash - end of period 160,224 142,343
Summary of cash, cash equivalents and restricted cash reported within the consolidated balance sheets:    
Cash and cash equivalents 155,193 137,306
Restricted cash 5,031 5,037
Total cash, cash equivalents, and restricted cash 160,224 142,343
Supplemental disclosure of cash flow information:    
Cash paid for interest 2,261  
Supplemental disclosure of non-cash investing and financing activities:    
Purchase of property and equipment in accounts payable and accrued liabilities $ 343 572
Debt issuance costs not yet paid   $ 94