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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net loss $ (33,157) $ (19,458)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 630 215
Change in fair value of warrant liability (634) (668)
Stock-based compensation 5,784 4,513
Impairment of inventories 767 0
Amortization of right-of-use assets 707 223
Amortization of premium on available-for-sale securities 435 0
Changes in operating assets and liabilities:    
Accounts receivable 2,130 (104)
Inventories (312) (310)
Other current assets 403 (258)
Other noncurrent assets (1) (296)
Accounts payable 1,890 964
Accrued liabilities (2,653) 872
Accrued employee costs (1,332) (358)
Lease liability (696) (141)
Other current liabilities (499) 9
Net cash used in operating activities (26,538) (14,797)
Cash flows from investing activities:    
Purchase of property, plant and equipment (1,283) (669)
Purchase of available-for-sale securities (82,284) (53,501)
Proceeds from maturities of available-for-sale securities 105,607 0
Net cash provided by (used in) investing activities 22,040 (54,170)
Cash flows from financing activities:    
Proceeds from business combination and private offering 0 560,777
Transaction costs related to business combination and private offering 0 (47,228)
Proceeds from exercise of warrants 1 0
Proceeds from exercise of stock options 186 198
Net cash provided by financing activities 187 513,747
Net increase (decrease) in cash and cash equivalents (4,311) 444,781
Beginning cash and cash equivalents 66,810 24,624
Ending cash and cash equivalents 62,499 469,405
Supplemental disclosures of cash flow information:    
Cash paid for interest 0 0
Cash paid for income taxes 0 0
Supplemental disclosures of non-cash investing and financing activities:    
Changes in purchases of property and equipment recorded in accounts payable and accrued liabilities 1,265 215
Taxes withheld on net settled vesting of restricted stock units 244 0
Offering costs included in accounts payable and accrued liabilities 0 534
Private placement of warrants acquired as part of merger 0 3,014
Right-of-use assets obtained in exchange for lease liability 0 4,692
Non-cash lease adoption $ 0 $ 1,665