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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Activities:      
Net loss $ (192,278) $ (178,297) $ (121,122)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:      
Depreciation and amortization 12,108 9,439 5,682
Amortization of (discount) premium on marketable securities (1,242) 2,844 (825)
Amortization and other changes in operating lease right-of-use assets 8,454 8,199 7,687
Stock-based compensation 31,650 32,956 25,708
Gain on free shares 0 (18) (63)
Net (gain) loss on disposal of property and equipment 0 (52) 222
Adjustment of CIRM award liability related to termination of the grant 0 (6,427) 0
Net changes in operating assets and liabilities:      
Interest receivable (445) 686 (353)
Accounts receivable 2,335 (789) 31,685
Prepaid expenses and other assets (4,909) (7,175) (10,411)
Accounts payable and other accrued liabilities 13,348 (7,664) 10,703
Accrued compensation and employee benefits 941 373 6,877
Deferred revenues (91,331) (84,202) 216,546
Lease liabilities (2,249) (4,340) (3,761)
Other non-current liabilities (9) 1,216 1,300
Net cash (used in) provided by operating activities (223,627) (233,251) 169,875
Investing Activities:      
Purchases of marketable securities (277,391) (338,159) (570,779)
Maturities of marketable securities 354,587 602,885 314,570
Sales of marketable securities 2,260 6,870 0
Purchases of property and equipment (20,171) (23,278) (14,714)
Purchase of additional Sangamo France shares 0 (119) (704)
Net cash provided by (used in) investing activities 59,285 248,199 (271,627)
Financing Activities:      
Taxes paid related to net share settlement of equity awards (2,104) (3,258) (765)
Proceeds from exercise of stock options 124 5,648 9,324
Net cash provided by financing activities 84,660 32,858 153,100
Effect of exchange rate changes on cash and cash equivalents, and restricted cash 1,254 (263) (447)
Net (decrease) increase in cash, cash equivalents, and restricted cash (78,428) 47,543 50,901
Cash, cash equivalents, and restricted cash, beginning of period 180,372 132,829 81,928
Cash, cash equivalents, and restricted cash, end of period 101,944 180,372 132,829
Supplemental cash flow disclosures:      
Property and equipment included in unpaid liabilities 6,539 1,535 4,569
Tenant improvement allowance included in contra-lease liability 243 0 0
Buy-out of non-controlling interest 0 943 0
Right-of-use assets obtained in exchange for lease obligations 0 10,418 1,333
At -the-market offering      
Financing Activities:      
Proceeds from issuance of common stock 84,869 27,099 0
Biogen Collaboration Agreement      
Financing Activities:      
Proceeds from issuance of common stock 0 0 142,526
Employee Stock      
Financing Activities:      
Proceeds from issuance of common stock $ 1,771 $ 3,369 $ 2,015