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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating activities    
Net loss $ (60,692) $ (33,277)
Adjustments to reconcile net loss used in operating activities:    
Stock-based compensation 11,557 5,622
Depreciation and amortization 1,306 785
Amortization of right-of-use asset 971 1,036
Loss on disposal of property and equipment 0 180
Write-off of right-of-use asset upon lease termination 0 113
Changes in operating assets and liabilities:    
Other current assets and non-current assets 129 (2,481)
Accounts payable and accrued liabilities (142) 3,018
Operating lease right-of-use assets 0 (169)
Operating lease liabilities (687) 598
Net cash used in operating activities (47,558) (24,575)
Investing activities    
Purchases of property and equipment (3,263) (2,219)
Net cash used in investing activities (3,263) (2,219)
Financing activities    
Proceeds from issuance of common stock and pre-funded warrants, net of commissions of $4.6 million 0 71,675
Payment of offering costs 0 (355)
Proceeds from exercise of stock options 411 5,665
Proceeds from issuance of common stock under Employee Stock Purchase Plan 372 199
Payment on finance lease obligations (51) (49)
Net cash provided by financing activities 732 77,135
Net change in cash, cash equivalents, and restricted cash during the year (50,089) 50,341
Cash, cash equivalents, and restricted cash at beginning of year 193,434 143,093
Cash, cash equivalents, and restricted cash at end of year 143,345 193,434
Supplemental disclosure of non-cash investing and financing activities:    
Operating lease liabilities arising from obtaining right-of-use asset 1,584 10,364
Purchase of property and equipment unpaid at period end $ 412 $ 36