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Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:        
Net loss $ (101,733) $ (76,453) $ (101,052) $ (70,760)
Adjustments to reconcile net loss to net cash used in operating activities:        
Net amortization of premiums and discounts on investments in marketable securities (3,422) (479) (1,600) 0
Depreciation and amortization 2,265 1,670 2,352 734
Non-cash lease expense 3,860 4,454 5,994 1,460
Stock-based compensation expense 8,269 9,912 13,534 7,871
Loss on disposal of assets 71 0    
Impairment of assets 43,276 0    
Change in fair value of the Series A redeemable convertible preferred stock tranche liability     0 10,341
Changes in assets and liabilities:        
Assets held for sale (20) 0    
Prepaid expenses and other current assets and other assets 4,884 (2,437) (3,211) (3,914)
Accounts payable 1,145 1,275 194 1,825
Accrued compensation (1,900) 657 1,110 2,223
Accrued research costs (690) (280) 87 (1,131)
Accrued expenses and other current liabilities and other liabilities 2,479 399 94 257
Operating lease liabilities (2,614) (4,269) (5,482) (1,758)
Net cash used in operating activities (44,130) (65,551) (87,980) (52,852)
Cash flows from investing activities:        
Purchases of property and equipment (10,806) (5,573) (6,594) (5,740)
Proceeds from sales of property and equipment 1,225 0    
Purchases of investments in marketable securities (28,130) (339,814) (405,519) 0
Proceeds from maturities of marketable securities 216,975 90,000 170,250 0
Net cash provided by (used in) investing activities 179,264 (255,387) (241,863) (5,740)
Cash flows from financing activities:        
Proceeds from issuance of common stock upon exercise of vested stock options 34 18 20 28
Proceeds from employee stock purchase plan 157 414 656 306
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs     0 165,521
Proceeds from initial public offering, net of issuance costs     0 251,323
Proceeds from issuance of common stock upon early exercises of stock options     0 289
Repurchase of unvested early exercised shares and founders' shares (67) (79) (79) 0
Net cash provided by financing activities 124 353 597 417,467
Net increase (decrease) in cash, cash equivalents and restricted cash 135,258 (320,585) (329,246) 358,875
Cash, cash equivalents and restricted cash, at beginning of period 49,446 378,692 378,692 19,817
Cash, cash equivalents and restricted cash, at end of period 184,704 58,107 49,446 378,692
Reconciliation of cash, cash equivalents and restricted cash to statement of financial position:        
Cash and cash equivalents 182,988 56,391 47,730 376,976
Restricted cash 1,716 1,716 1,716 1,716
Cash, cash equivalents and restricted cash in statement of financial position 184,704 58,107 49,446 378,692
Supplemental disclosures of non-cash investing and financing information:        
Property and equipment purchases in accounts payable and accrued expenses 0 (319) (36) (75)
Conversion of redeemable convertible preferred stock to common stock at closing of initial public offering     0 260,532
Settlement of redeemable convertible preferred stock tranche liability     0 (39,403)
Lessor funded lease incentive additions included in property and equipment 7,193 2,616 11,920 0
Repurchase of unvested early exercised shares included in accounts payable     (17) (42)
Proceeds from issuance of common stock upon exercise of stock options included in accounts receivable       (14)
Proceeds from sale of property and equipment in accounts receivable 449 0    
Additions to ROU assets from new operating lease liabilities 31,974 0 0 13,034
Vesting of early exercised stock options $ 48 $ 108 $ 131 $ 144