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Condensed Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Net loss $ (17,085) $ (4,714)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation, amortization and accretion 9 35
Reduction in the carrying amount of operating lease right of use assets 564 0
Stock-based compensation 1,662 404
Restructuring payments 0 (590)
Changes in operating assets and liabilities:    
Prepaid expense and other current assets (3,942) (127)
Other assets 271 0
Accounts payable 5,943 (198)
Accrued and other current liabilities 4,223 1,069
Operating lease assets and liabilities, net (626) 0
Net cash used in operating activities (8,981) (4,121)
Cash flows from investing activities    
Purchase of property and equipment (18) 0
Purchase of marketable securities (39,437) 0
Net cash provided by (used in) investing activities (39,455) 0
Cash flows from financing activities    
Proceeds from exercise of stock options and employee stock purchase plan 234 342
Proceeds from issuance of Class A common stock offering, net of underwriting discounts and commissions 86,130 0
Payment of costs related to stock offering (6,096) 0
Payment of deferred offering costs 0 (369)
Payment on capital lease obligations 0 (1)
Net cash provided by (used in) financing activities 80,268 (28)
Net increase (decrease) in cash and cash equivalents and restricted cash 31,832 (4,149)
Cash, cash equivalents and restricted cash, beginning of period 79,967 53,997
Cash, cash equivalents and restricted cash, end of period 111,799 49,848
Supplemental disclosure of cash flow information    
Cash paid for interest expense 104 0
Cash paid for operating leases 656  
Deferred offering costs included in accounts payable 0 729
Deferred offering costs included in accrued and other current liabilities 0 195
Cash and cash equivalents [Member]    
Cash flows from financing activities    
Cash, cash equivalents and restricted cash, end of period 111,506 49,505
Restricted cash [Member]    
Cash flows from financing activities    
Cash, cash equivalents and restricted cash, end of period $ 293 $ 343