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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net loss $ (363,872) $ (52,412) $ (75,305)
Adjustments to reconcile net loss to net cash used in operating activities:      
Stock-based compensation expense 48,454 31,960 4,456
Depreciation expense 3,925 3,549 2,845
Net amortization of premiums and discounts on investments 2,052 (416) (2,495)
Acquired in-process research and development 123,000    
Loss on initial consolidation of variable interest entity 11,855    
Change in fair value of contingent consideration liability 2,836    
Loss on sale of equipment     56
Changes in assets and liabilities:      
Prepaid expenses and other current assets (2,681) (4,665) (2,123)
Operating lease assets and liabilities, net 277 571 1,233
Accounts payable 930 (410) 3,000
Accrued expenses and other liabilities 6,002 2,010 2,200
Accounts receivable 74,677 (75,000)  
Contract asset 3,117 (7,654)  
Other liabilities 15,000    
Other assets 22 (22)  
Net cash used in operating activities (74,406) (102,489) (66,133)
Cash flows from investing activities:      
Purchases of property and equipment (3,471) (1,931) (8,002)
Proceeds from sale of equipment     20
Purchases of investments (980,665) (266,455) (553,517)
Proceeds from maturities of investments 529,923 350,058 242,475
Cash paid for acquisition of ZebiAI, net of cash acquired (25,298)    
Net cash provided by (used in) investing activities (479,511) 81,672 (319,024)
Cash flows from financing activities:      
Proceeds from issuance of convertible preferred stock, net of issuance costs     4,993
Proceeds from issuance of common stock upon exercise of stock options 4,739 1,216 613
Proceeds from issuance of common stock upon initial public offering, net   425,293  
Proceeds from issuance of common stock upon follow-on offering, net 382,210    
Proceeds from issuance of common stock under ESPP 1,141    
Net cash provided by financing activities 388,090 426,509 5,606
Net (decrease) increase in cash, cash equivalents and restricted cash (165,827) 405,692 (379,551)
Cash, cash equivalents and restricted cash at beginning of period 448,524 42,832 422,383
Cash, cash equivalents and restricted cash at end of period 282,697 448,524 42,832
Supplemental disclosure of non-cash investing and financing activities:      
Property and equipment additions included in accounts payable and accrued expenses 1,010 519 745
Reclassification of restricted stock liability to additional paid-in capital 3 153 400
Assets obtained in asset acquisition 662    
Liabilities assumed in asset acquisition 2,330    
Fair value of equity issued in connection with asset acquisition $ 62,990    
Extinguishment upon modification of Series C preferred stock   (177,789)  
Conversion of preferred stock into common stock upon initial public offering   715,508  
Right of use asset obtained in exchange for lease obligation   $ 819 $ 24,936