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Condensed Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities    
Net loss $ (28,080) $ (14,333)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation 258 265
Stock-based compensation expense 2,432 55
Amortization of discounts and loan issuance costs 29 57
Noncash interest expense 110 2,764
Change in fair value of preferred warrant liability 75 (1)
Changes in operating assets and liabilities:    
Prepaid and other assets (2,060) (864)
Accounts payable and accrued liabilities 4,373 92
Accrued compensation 818 (67)
Operating lease right-of-use assets and liabilities, net 121 (59)
Deferred revenue (2,120) 19,600
Net cash (used in) provided by operating activities (24,044) 7,509
Cash flows from investing activities    
Purchases of property and equipment (855) (144)
Net cash used in investing activities (855) (144)
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 (24,026) 0
Proceeds from exercise of stock options/units, net of repurchases 16 58
Payments on long-term debt (4,683) (2,100)
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 19,451
Net cash provided by financing activities 271,587 17,409
Net increase in cash, cash equivalents and restricted cash 246,688 24,774
Cash, cash equivalents and restricted cash at beginning of period 94,578 3,090
Cash, cash equivalents and restricted cash at end of period 341,266 27,864
Supplemental disclosure of cash flow information:    
Cash paid for interest 571 261
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 purchases of property and equipment included in accounts payable and accrued liabilities 67 21
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