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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities:    
Net loss $ (87,150) $ (93,113)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 5,716 4,120
Amortization of premium on marketable securities 207 1,733
Amortization and other changes in operating lease right-of-use assets 4,225 4,067
Gain on free shares 0 (18)
Stock-based compensation 15,609 17,007
Net changes in operating assets and liabilities:    
Interest receivable 60 228
Accounts receivable 11 (1,658)
Prepaid expenses and other assets (4,992) (4,441)
Accounts payable and other accrued liabilities 5,796 (3,204)
Accrued compensation and employee benefits (6,618) (3,253)
Deferred revenues (43,772) (41,481)
Lease liabilities (2,121) (2,102)
Other non-current liabilities 69 998
Net cash used in operating activities (112,960) (121,117)
Investing Activities:    
Purchases of marketable securities (129,928) (180,049)
Maturities of marketable securities 168,346 323,099
Sales of marketable securities 0 6,870
Purchases of property and equipment (8,284) (15,213)
Purchase of additional Sangamo France shares 0 (119)
Net cash provided by investing activities 30,134 134,588
Financing Activities:    
Taxes paid related to net share settlement of equity awards (1,827) (2,725)
Proceeds from exercise of stock options 90 3,702
Net cash provided by financing activities 21,307 25,254
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 352 (176)
Net (decrease) increase in cash, cash equivalents, and restricted cash (61,167) 38,549
Cash, cash equivalents, and restricted cash, beginning of period 180,372 132,829
Cash, cash equivalents, and restricted cash, end of period 119,205 171,378
Supplemental cash flow disclosures:    
Property and equipment included in unpaid liabilities 2,232 2,267
Right-of-use assets obtained in exchange for lease obligations 0 1,364
Buy-out of non-controlling interest 0 943
At the Market Offering    
Financing Activities:    
Proceeds from at-the market offering/ issuance of common stock 21,929 22,223
Employee Stock    
Financing Activities:    
Proceeds from at-the market offering/ issuance of common stock $ 1,115 $ 2,054