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Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities    
Net loss $ (90,986,000) $ (93,524,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 11,737,000 11,477,000
Depreciation expense 1,537,000 1,678,000
Non-cash interest expense 188,000 218,000
Non-cash lease expense 2,175,000 1,368,000
Loss on extinguishment of debt 0 3,226,000
Loss on disposal of property and equipment 232,000 5,000
Net foreign currency losses 1,012,000 0
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (799,000) (63,000)
Accounts payable (40,000) 1,075,000
Accrued expenses and other current liabilities (814,000) (404,000)
Operating lease liabilities (2,287,000) (1,414,000)
Deferred revenue 0 7,500,000
Other liabilities 0 (21,000)
Net cash used in operating activities (78,045,000) (68,879,000)
Investing activities    
Purchases of property and equipment (394,000) (1,962,000)
Proceeds from sale of fixed assets 0 6,000
Net cash used in investing activities (394,000) (1,956,000)
Financing activities    
Proceeds from issuance of common stock, net of issuance cost 79,682,000 81,961,000
Proceeds from the issuance of common stock under employee stock purchase plan and exercise of stock options 234,000 927,000
Proceeds from the issuance of long-term debt, net of issuance costs 0 14,778,000
Net cash provided by financing activities 79,916,000 97,666,000
Effect of exchange rate changes on cash and cash equivalents (1,022,000) 0
Net increase in cash, cash equivalents and restricted cash 455,000 26,831,000
Cash, cash equivalents and restricted cash – beginning of period 69,754,000 70,420,000
Cash, cash equivalents and restricted cash – end of period 70,209,000 97,251,000
Supplemental disclosure of cash flow information    
Cash paid for interest 2,963,000 2,383,000
Cash paid for taxes 592,000 9,000
Noncash investing and financing activities    
Property and equipment additions included in accrued expenses 128,000 198,000
Issuance of common stock warrants $ 0 $ 1,750,000