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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities    
Net loss $ (38,403) $ (17,453)
Adjustments to reconcile net loss to net cash used in operating activities    
Stock-based compensation 7,464 2,312
Depreciation and amortization 774 722
Accretion on marketable securities (1,413) (209)
Amortization of debt issuance costs 259 259
Change in fair value of redeemable convertible preferred stock warrants 0 826
Loss on sale and disposal of property and equipment 171 52
Changes in operating assets and liabilities    
Accounts receivable (3,236) (1,028)
Inventory (2,105) (759)
Prepaid expenses and other assets (515) (752)
Accounts payable 383 251
Accrued liabilities and other 4,994 1,260
Net cash used in operating activities (31,627) (14,519)
Cash flows from investing activities    
Maturities of marketable securities 159,800 0
Purchases of marketable securities (143,864) (96,883)
Purchases of property and equipment (2,445) (942)
Net cash provided by (used in) investing activities 13,491 (97,825)
Cash flows from financing activities    
Proceeds from initial public offering, net of underwriting discounts and commissions 0 115,506
Proceeds from the exercise of common stock options 1,490 1,614
Proceeds from issuance of common stock under employee stock purchase plan 2,203 0
Repurchase of unvested early exercised stock options (38) (73)
Payments of public offering costs (167) (1,897)
Net cash provided by financing activities 3,488 115,150
Effect of exchange rate changes on cash and cash equivalents (37) (94)
Net (decrease) increase in cash and cash equivalents (14,685) 2,712
Cash and cash equivalents at    
Beginning of year 25,120 22,408
End of year 10,435 25,120
Supplemental disclosure of cash flow information    
Cash paid for interest 4,949 5,500
Supplemental disclosure of non-cash information    
Conversion of redeemable convertible preferred stock to common stock 0 118,547
Conversion of preferred stock warrants to common stock warrants 0 1,248
Vesting of early exercised stock options 197 139
Purchases of property and equipment included in accounts payable and accrued liabilities 375 82
Public offering costs included in accounts payable $ 0 $ 7