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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 income (loss) $ 7,346 $ (53,571)
Adjustments to reconcile net loss to net cash from operating activities:    
Depreciation and amortization 148 115
Amortization on right-of-use asset 121 72
Stock-based compensation 918 627
Amortization of debt issuance costs 0 5
Accretion of debt discount 0 14
Change in fair value of derivatives 834 391
Change in fair value of common stock warrants liability 1,774 0
Change in fair value of preferred stock warrants liability 0 48,109
Change in fair value of earnout liability (15,227) 0
Change in fair value of incremental acquisition fee accrual (45) 0
Payments on operating lease liabilities (62) (72)
Changes in operating assets and liabilities:    
Other receivables (179) 20
Prepaid expenses and other current assets 1,215 (2)
Other long-term assets (32) 0
Accounts payable 637 31
Accrued expenses 1,495 901
Other liabilities, current (290) 0
Related party payable 57 0
Net cash used in operating activities (1,290) (3,360)
Cash flows from investing activities    
Purchases of property, plant, and equipment, net of grants (10,380) (741)
Capitalized interest on plant construction (20) (52)
Purchases of marketable securities (1,255,027) 0
Sales of marketable securities 1,240,788 0
Maturities of marketable securities 37,732 0
Net cash provided by (used in) investing activities 13,093 (793)
Cash flows from financing activities    
Proceeds from stockholders' notes payable, net of debt issuance costs 0 11,687
Proceeds from Canadian Government Research and Development Program 0 74
Issuance of common stock 34 55
Net cash provided by financing activities 34 11,816
Effects of foreign exchange rate changes on the balance of cash and cash equivalents, and restricted cash held in foreign currencies (533) (100)
Net increase (decrease) in cash and cash equivalents, and restricted cash 11,304 7,563
Cash and cash equivalents, and restricted cash, beginning of the period 47,127 1,874
Cash and cash equivalents, and restricted cash, end of the period 58,431 9,437
Non-cash investing and financing activities    
Operating lease right-of-use asset obtained in exchange for lease obligations 1,045 1,827
Stock-based compensation capitalized into property, plant, and equipment 276 0
Debt discount related to derivative liability $ 0 $ 2,196