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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities:    
Net loss $ (24,663) $ (48,681)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 68 227
Stock-based compensation 4,364 5,260
Non-cash interest expense 485 193
Amortization (accretion) of premiums/discounts on investments, net (2) 320
Amortization of right-of-use asset 179 502
Gain from lease termination and asset sale (508)  
Changes in operating assets and liabilities    
Prepaid expenses and other current assets 28 1,995
Accounts payable and accrued liabilities (4,138) 5,407
Lease liability (196) (549)
Net cash used in operating activities (24,383) (35,326)
Investing activities:    
Purchases of property and equipment   (8)
Proceeds from asset sale 700  
Purchases of short-term investments (12,676) (39,176)
Sales and maturities of short-term investments 40,200 65,941
Net cash provided by investing activities 28,224 26,757
Financing activities:    
Proceeds from exercise of common stock options   1,096
Repurchase of unvested common stock   (1)
Deferred issuance costs   (37)
Proceeds from issuance of common stock from employee stock purchase plan 1 147
Net cash provided by financing activities 1 1,205
Net increase (decrease) in cash and cash equivalents 3,842 (7,364)
Cash and cash equivalents at beginning of period 48,910 24,393
Cash and cash equivalents at end of period 52,752 17,029
Supplemental disclosure of cash flow information:    
Cash paid for interest 962 552
Supplemental non-cash investing and financing activities:    
Vesting of common stock $ 3 20
Issuance costs in accounts payable and accrued liabilities   $ 401