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Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities    
Net loss $ (32,672) $ (6,784)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 113 13
Loss on disposal of assets 3 0
Stock-based compensation 6,910 72
Noncash interest – related parties 0 206
Amortization (accretion) of premiums/discounts on investments, net (172) 0
Increase in fair value of convertible promissory notes – related parties 0 1,735
Changes in operating assets and liabilities:    
Accounts receivable 8,000 (8,000)
Prepaid expenses and other current assets (1,805) (249)
Other long-term assets (392) 0
Accounts payable 2,139 14
Accrued expenses (includes related party amounts of $(512) and $442, respectively) 3,028 624
Deferred revenue (2,137) 8,000
Operating lease right-of-use assets and liabilities, net 9 0
Net cash used in operating activities (16,976) (4,369)
Cash flows from investing activities    
Purchases of property and equipment (1,482) 0
Purchases of short-term investments (473,626) 0
Maturities of short-term investments 134,145 0
Net cash used in investing activities (340,963) 0
Cash flows from financing activities    
Proceeds from issuance of convertible promissory notes 0 2,500
Proceeds from exercise of vested and unvested common stock options and employee stock purchase plan 1,810 70
Proceeds from initial public offering, net of issuance costs 204,167 0
Net cash provided by financing activities 386,524 11,524
Net increase in cash, cash equivalents and restricted cash 28,585 7,155
Cash, cash equivalents and restricted cash - beginning of year 7,813 658
Cash, cash equivalents and restricted cash - end of year 36,398 7,813
Supplemental disclosure of noncash investing and financing activities    
Conversion of convertible preferred stock in connection with initial public offering 202,171 0
Conversion of convertible promissory notes and accrued interest into shares of convertible preferred stock 0 8,674
Unpaid fixed asset additions 38 147
Vesting of restricted common stock 475 2
Unrealized gain (loss) on short-term investments (270) 0
Operating lease liabilities arising from right-of-use assets 256 0
Series Seed 2 Convertible Preferred Stock [Member]    
Cash flows from financing activities    
Proceeds from issuance of convertible preferred stock, net of issuance costs 0 8,954
Series A Convertible Preferred Stock [Member]    
Cash flows from financing activities    
Proceeds from issuance of convertible preferred stock, net of issuance costs 55,722 0
Series B Convertible Preferred Stock [Member]    
Cash flows from financing activities    
Proceeds from issuance of convertible preferred stock, net of issuance costs $ 124,825 $ 0