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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows From Operating Activities:    
Net loss for the period $ (21,612) $ (46,887)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation expense 12,994 12,327
Depreciation expense 989 947
Non-cash lease expense 1,131 1,086
Foreign exchange (gain) loss (27) 60
Net accretion of marketable securities (2,908) (3,928)
Changes in operating assets and liabilities:    
Prepaid expenses (1,024) 1,518
Other current receivables 910 (988)
Other non-current assets 89 89
Accounts payable 4,785 4,429
Accrued expenses and other current liabilities (1,731) (17)
Operating lease liability, current portion (401) 72
Income taxes 940 (2,991)
Operating lease liability, net of current portion (765) (1,172)
Deferred revenue (11,952) (30,677)
Net cash used in operating activities (18,582) (66,132)
Cash Flows From Investing Activities:    
Purchases of property and equipment 0 (1,540)
Proceeds from maturities of marketable securities 89,015 169,000
Purchase of marketable securities (102,213) (145,796)
Net cash provided by (used in) investing activities (13,198) 21,664
Cash Flows From Financing Activities:    
Proceeds from exercise of stock options 17 44
Proceeds from issuance of common stock under the 2020 Employee Share Purchase Plan 358 409
Net cash provided by financing activities 375 453
Effect of exchange rate fluctuations on cash held (43) 38
Net Decrease In Cash And Cash Equivalents (31,448) (43,977)
Cash and cash equivalents at beginning of period 111,268 159,521
Cash and cash equivalents at end of period 79,820 115,544
Supplemental Disclosure Of Cash Flow Information:    
Right-of-use asset obtained in exchange for new operating lease liability $ 0 $ 149