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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
Net income (loss) $ 78,569,000 $ 42,090,000 $ (30,302,000)
Adjustments to reconcile net income (loss) to net cash from operating activities:      
Depreciation and amortization 711,000 544,000 479,000
Amortization on right-of-use asset 582,000 280,000 0
Stock-based compensation 7,235,000 5,767,000 1,630,000
Amortization of debt issuance costs 0 14,000 90,000
Accretion of debt discount 0 2,211,000 101,000
Change in fair value of derivatives 443,000 1,326,000 1,088,000
Change in fair value of common stock warrants liability (21,988,000) (30,510,000) 0
Change in fair value of preferred stock warrants liability 0 35,035,000 18,498,000
Change in fair value of earnout liability (85,437,000) (75,488,000) 0
Changes in operating assets and liabilities:      
Other receivables (1,734,000) (2,563,000) 1,007,000
Grants receivable 0 0 87,000
Prepaid expenses and other current assets 432,000 (3,652,000) 53,000
Other long-term assets (5,017,000) 0 0
Accounts payable 26,000 (395,000) 1,203,000
Accrued expenses 485,000 3,010,000 349,000
Payment on operating lease liabilities (572,000) (295,000) 0
Other liabilities, current (329,000) 380,000 0
Other liabilities, long-term 502,000 203,000 256,000
Net cash used in operating activities (26,092,000) (22,043,000) (5,461,000)
Cash flows from investing activities      
Purchases of property, plant, and equipment, net of grants (83,691,000) (12,268,000) (1,786,000)
Purchases of marketable securities (3,823,407,000) (2,448,316,000) 0
Sales of marketable securities 3,815,859,000 2,024,089,000 0
Maturities of marketable securities 180,331,000 25,058,000 0
Capitalized interest on plant construction (245,000) (201,000) (268,000)
Net cash provided by (used in) investing activities 88,847,000 (411,638,000) (2,054,000)
Cash flows from financing activities      
Proceeds from stockholders' notes payable, net of debt issuance costs 0 11,707,000 3,166,000
Payment of short-term debt 0 (906,000) 0
Proceeds from Canadian Government Research and Development Program 849,000 543,000 2,662,000
Proceeds from exercise of stock options 399,000 74,000 1,000
Business combination, net of issuance costs paid 0 467,530,000 0
Net cash provided by financing activities 1,248,000 478,948,000 5,829,000
Effects of foreign exchange rate changes on the balance of cash and cash equivalents, and restricted cash held in foreign currencies (2,782,000) (14,000) (52,000)
Net increase (decrease) in cash and cash equivalents, and restricted cash 61,221,000 45,253,000 (1,738,000)
Cash and cash equivalents, and restricted cash, beginning of the period 47,127,000 1,874,000 3,612,000
Cash and cash equivalents, and restricted cash, end of the period 108,348,000 47,127,000 1,874,000
Supplemental disclosure of cash flow information      
Conversion of stockholder convertible notes payable to common stock 0 20,493,000 0
Reclassification of redeemable convertible preferred stock warrants to common stock 0 54,267,000 0
Reclassification of contingently issued equity to liability 0 203,082,000 0
Net assets assumed from business combination 0 81,364,000 0
Debt discount related to derivative liability 0 2,196,000 0
Business combination transaction costs, accrued but not paid 0 609,000 0
Operating lease right-of-use assets obtained in exchange for lease obligations 1,687,000 2,062,000 0
Stock-based compensation capitalized into property, plant, and equipment 1,894,000 0 0
Purchases of fixed assets included in accounts payable and accrued expenses $ 17,085,000 $ 0 $ 0