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Condensed Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities    
Net loss $ (16,641) $ (7,665)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation 157 181
Stock-based compensation expense 1,136 33
Amortization of discounts and loan issuance costs 29 30
Noncash interest expense 110 1,399
Change in fair value of preferred warrant liability 75 (1)
Changes in operating assets and liabilities:    
Prepaid and other assets (392) (195)
Accounts payable and accrued liabilities 1,908 (199)
Accrued compensation 5 (50)
Operating lease right-of-use assets and liabilities, net 2 (39)
Deferred revenue (1,320) 19,900
Net cash (used in) provided by operating activities (14,931) 13,394
Cash flows from investing activities    
Purchases of property and equipment (10) (130)
Net cash used in investing activities (10) (130)
Cash flows from financing activities    
Proceeds from issuance of common stock in initial public offering, gross 298,080 0
Payment of issuance costs related to initial public offering (22,680) 0
Proceeds from exercise of stock options/units, net of repurchases 16 63
Payments on long-term debt (4,683) (1,400)
Proceeds from issuance of Series C convertible preferred stock, net of issuance costs 2,200 0
Proceeds from issuance of convertible notes, net of issuance costs 0 19,458
Net cash provided by financing activities 272,933 18,121
Net increase in cash, cash equivalents and restricted cash 257,992 31,385
Cash, cash equivalents and restricted cash at beginning of period 94,578 3,090
Cash, cash equivalents and restricted cash at end of period 352,570 34,475
Supplemental disclosure of cash flow information:    
Cash paid for interest 571 225
Supplemental schedule of noncash investing and financing activities:    
Right-of-use assets obtained in exchange for operating lease liabilities 676 807
Costs incurred, but not paid, in connection with IPO included in accounts payable and accrued liabilities 1,346 0
Costs incurred, but not paid, in connection with purchases of property and equipment included in accounts payable and accrued liabilities 287 0
Conversion of convertible preferred stock into common stock upon completion of initial public offering 136,920 0
Reclassification of warrant liability to equity due to adjustment from preferred stock warrant to common stock warrant upon completion of initial public offering $ 120 $ 0