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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (174,721) $ (166,513)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 63,561 41,023
Depreciation and amortization expense 12,979 9,059
Impairment of other investments 5,000 0
Change in fair value of success payment liabilities 2,177 19,343
Change in fair value of equity warrant 1,067 199
Non-cash lease expense (1,104) 1,486
Net amortization and accretion on marketable securities 278 1,434
Loss on property and equipment disposals, net 97 536
Changes in operating assets and liabilities:    
Prepaid expenses, other current assets and other assets (672) (6,811)
Accounts payable 1,193 (8)
Accrued liabilities and other current liabilities (5,836) 325
Deferred revenue (36,299) (7,697)
Operating lease liabilities, non-current 3,331 10,467
Other non-current liabilities (339) 4,121
Net cash used in operating activities (129,288) (93,036)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (19,694) (55,236)
Purchases of marketable securities (346,647) (539,541)
Sales and maturities of marketable securities 308,153 547,066
Net cash used in investing activities (58,188) (47,711)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from exercise of stock options 9,252 2,043
Proceeds from employee stock purchase plan 887 0
Taxes paid related to net share settlement of equity awards (367) 0
Proceeds from initial public offering, net of issuance costs 0 391,802
Net cash provided by financing activities 9,772 393,845
Net (decrease) increase in cash, cash equivalents and restricted cash (177,704) 253,098
Cash, cash equivalents and restricted cash at beginning of period 294,294 140,872
Cash, cash equivalents and restricted cash at end of period 116,590 393,970
Represented by:    
Cash and cash equivalents 116,311 393,504
Restricted cash 279 466
Total 116,590 393,970
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash received for amounts related to tenant improvement allowances 3,238 11,063
Cash paid for amounts included in the measurement of lease liabilities 8,136 5,658
Non-cash investing and financing activities:    
Purchases of property and equipment included in accounts payable and accrued liabilities 3,563 5,432
Remeasurement of operating lease right-of-use asset for lease modification 29 4,078
Conversion of convertible preferred stock to common stock upon closing of initial public offering $ 0 $ 1,010,968