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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities:    
Net loss $ (9,280) $ (7,388)
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation 74 92
Share-based compensation 3,386 1,351
Change in fair value of contingent consideration (52,240) (16,820)
Intangibles impairment charge 31,700 0
Changes in operating assets and liabilities:    
Accounts receivable (net) (1,107) 0
Prepaid expenses and other assets (23,665) (899)
Accounts payable 807 (378)
Accrued expenses and other liabilities (4,453) 1,714
Deferred revenue (1,500) 0
Net cash used in operating activities (56,278) (22,328)
Cash Flows from Investing Activities:    
Purchases of equipment (4) (8)
Net cash used in investing activities (4) (8)
Cash Flows from Financing Activities:    
Proceeds from issuance of common stock under ATM Offering, net of issuance costs 174,961 16,174
Proceeds from exercises of stock options 42 10
Proceeds from the exercise of common stock warrants 1,126 0
Net cash provided by financing activities 176,129 16,184
Net increase (decrease) in cash, cash equivalents and restricted cash 119,847 (6,152)
Cash, cash equivalents and restricted cash - beginning of period 55,409 48,141
Cash, cash equivalents and restricted cash - end of period 175,256 41,989
Supplemental cash flow disclosure:    
Right-of-use assets obtained in exchange for lease obligations 0 290
Cash paid for amounts included in the measurement of lease liabilities 131 113
Supplemental disclosure of non-cash financing activities:    
Deemed Dividend on adjustment of exercise price on certain warrants $ 0 $ 147