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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net loss $ (30,142) $ (22,563)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 1,254 1,499
Accretion of marketable securities (453)  
Non-cash interest expense related to note payable 199 214
Stock-based compensation 1,984 1,147
Changes in current assets and liabilities:    
Prepaid expenses and other assets 255 (1,180)
Right-of-use assets and lease liabilities, net 214 (62)
Accounts payable (410) 495
Accrued expense and other liabilities (1,602) 737
Deferred revenue (566) (3,874)
Net cash used in operating activities (29,267) (23,587)
Cash flows from investing activities:    
Purchases of property and equipment (705) (838)
Purchases of marketable securities (8,779)  
Maturities of marketable securities 45,647  
Net cash provided by (used in) investing activities 36,163 (838)
Cash flows from financing activities:    
Proceeds from exercise of stock options 258  
Net cash provided by financing activities 258  
Net increase (decrease) in cash, cash equivalents and restricted cash 7,154 (24,425)
Cash, cash equivalents, and restricted cash - beginning of period 138,390 125,064
Cash, cash equivalents, and restricted cash - end of period 145,544 100,639
Summary of cash, cash equivalents and restricted cash reported within the consolidated balance sheets:    
Cash and cash equivalents 140,513 95,608
Restricted cash 5,031 5,031
Total cash, cash equivalents, and restricted cash 145,544 100,639
Supplemental disclosure of cash flow information:    
Cash paid for interest 758 743
Supplemental disclosure of non-cash investing and financing activities:    
Purchase of property and equipment in accounts payable and accrued liabilities $ 309 $ 24