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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities    
Net loss $ (35,923) $ (26,223)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 11,258 8,287
Depreciation and amortization 1,505 845
Accretion of discount on marketable securities 515 721
Amortization of debt issuance costs 101 175
Loss on sale and disposal of property and equipment 105 125
Changes in operating assets and liabilities:    
Accounts receivable (720) 1,746
Inventory (4,882) (2,482)
Prepaid expenses and other assets 851 157
Accounts payable 936 554
Accrued liabilities and other (2,099) (1,415)
Net cash used in operating activities (28,353) (17,510)
Cash flows from investing activities    
Maturities of marketable securities 48,000 56,977
Purchases of marketable securities (55,356) (43,337)
Purchases of property and equipment (4,275) (4,191)
Net cash (used in) provided by investing activities (11,631) 9,449
Cash flows from financing activities    
Proceeds from issuance of common stock under employee stock purchase plan 1,199 1,566
Proceeds from the exercise of stock options 199 1,251
Net cash provided by financing activities 1,398 2,817
Effect of exchange rate changes on cash and cash equivalents (514) (212)
Net decrease in cash and cash equivalents (39,100) (5,456)
Cash and cash equivalents at    
Beginning of period 63,419 53,581
End of period 24,319 48,125
Supplemental disclosure of non-cash information    
Vesting of early exercised stock options 0 18
Unpaid purchases of property and equipment $ 1,593 $ 106