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Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net loss $ (26,864) $ (32,228)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,661 2,155
Amortization (accretion) of premium (discount) on marketable securities 31 (74)
Stock-based compensation 3,731 4,224
Non-cash operating lease expense 596 802
Other 168 100
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (460) 447
Other noncurrent assets 4 50
Accounts payable (379) 1,272
Accrued and other current liabilities (1,903) (4,350)
Operating lease liabilities (697) (1,058)
Net cash used in operating activities (23,112) (28,660)
Cash flows from investing activities:    
Purchases of property and equipment (383) (564)
Purchases of marketable securities   (23,643)
Proceeds from sales of marketable securities 10,958  
Proceeds from maturities of marketable securities 11,727 19,717
Other   1
Net cash provided by investing activities 22,302 (4,489)
Cash flows from financing activities:    
Proceeds from exercise of stock options and employee stock purchase plan   8
Proceeds from exercise of prefunded warrants   1
Net cash provided by financing activities 50,259 46,771
Net change in cash, cash equivalents and restricted cash 49,449 13,622
Cash and cash equivalents and restricted cash at beginning of period 4,742 46,363
Cash and cash equivalents and restricted cash at end of period 54,191 59,985
Components of cash, cash equivalents and restricted cash:    
Cash and cash equivalents 53,772 59,303
Restricted cash included in other noncurrent assets 419 682
Cash, cash equivalents and restricted cash 54,191 59,985
Supplemental disclosure of non-cash investing and financing activities:    
Property and equipment included in accounts payable and accrued and other current liabilities 138 7
Offering costs related to follow-on offering and at-the market-sales included in accounts payable and accrued expenses and other current liabilities 546  
Non-cash exercise of stock options   3
Follow-on Offering    
Cash flows from financing activities:    
Proceeds from issuance of equity, net of issuance costs 49,345 46,762
At-the-market Sales    
Cash flows from financing activities:    
Proceeds from issuance of equity, net of issuance costs $ 914 $ 0