XML 12 R6.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net loss $ (30,330) $ (33,554)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 775 791
Stock-based compensation expense 3,308 3,453
Loss on disposal of property and equipment, net 156 48
Other 6 25
Changes in assets and liabilities:    
Accounts receivable, net (3,611) (334)
Unbilled receivables (1,322) (228)
Inventory (579) (2,494)
Prepaid expenses and other current assets (324) 1,010
Due from related parties   48
Prepaid inventory 693 281
Other long term assets (9) 142
Accounts payable 193 229
Deferred grant funding (402) (196)
Deferred revenue 97 (364)
Due to related parties (8) 48
Accrued expenses and other current liabilities 949 (776)
Operating lease liabilities, net (2)  
Net cash used in operating activities (30,410) (31,871)
Cash flows from investing activities:    
Purchases of property and equipment (375) (546)
Net cash used in investing activities (375) (546)
Cash flows from financing activities:    
Proceeds from exercise of stock options 160 146
Proceeds from shares issued under "at-the-market" offering program, net of selling costs 805  
Net cash provided by financing activities 965 146
Net decrease in cash and cash equivalents and restricted cash (29,820) (32,271)
Cash, cash equivalents and restricted cash, beginning of period 75,804 118,243
Cash, cash equivalents and restricted cash, end of period 45,984 85,972
Reconciliation of cash, cash equivalents, and restricted cash reported in the balance sheets    
Cash and cash equivalents 45,765 85,424
Restricted cash 219 548
Total cash, cash equivalents and restricted cash 45,984 85,972
Supplemental disclosure of noncash information:    
Unpaid purchase of property and equipment $ 571 $ 54