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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net loss $ (66,957) $ (57,204)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 1,892 708
Amortization of financing costs 148  
Stock-based compensation 9,857 5,393
(Increase) decrease in:    
Receivables 3,155 (2,098)
Prepaid expenses and other current assets 7,646 8,249
Right of use asset (529) (98)
Other noncurrent assets 508 (636)
Increase (decrease) in:    
Accounts payable 503 1,713
Accrued expenses (3,169) 3,828
Lease liabilities 604 168
Net cash used in operating activities (46,342) (39,977)
Cash flows from investing activities:    
Purchases of property and equipment (2,964) (6,012)
Net cash used in investing activities (2,964) (6,012)
Cash flows from financing activities:    
Proceeds from long-term debt borrowing 25,000  
Debt issuance costs (75)  
Proceeds from exercise of stock options 1,037 43
Issuance of common stock in connection with a public offering, net 0 88,661
Issuance of common stock in connection with at the market offerings, net 0 13,015
Net cash provided by financing activities 25,962 101,719
Net increase (decrease) in cash and cash equivalents (23,344) 55,730
Cash and cash equivalents, and restricted cash, beginning of period 115,069 79,741
Cash and cash equivalents, and restricted cash, end of period 91,725 135,471
Supplementary disclosure of cash flow information:    
Cash paid for interest 136  
Amounts included in accrued expenses and accounts payable related to property and equipment 348 $ 1,163
Issuance costs in accounts payable and accrued expenses 184  
Supplementary disclosure of noncash investing and financing activities    
Warrants issued in a term loan $ 788