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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net loss $ (11,983) $ (16,322)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation and amortization 494 265
Amortization of right-of-use asset 518 249
Equity-based compensation 1,603 1,439
Amortization of long-term debt issuance costs and fees 39 139
Other 67 36
Change in fair value of warrant liabilities (343) (360)
Changes in operating assets and liabilities:    
Unbilled revenue receivable and accounts receivable (10) 3
Prepaid expenses and other current assets (1,271) (34)
Other noncurrent assets (181) 0
Accounts payable 535 618
Accrued expenses and other current liabilities (461) 176
Deferred revenue (16,351) 14
Other noncurrent liabilities (119) (236)
Net cash used in operating activities (27,463) (14,013)
Cash flows from investing activities:    
Purchase of available for sale securities (47,349) 0
Proceeds from sale or maturity of available for sale securities 47,093 0
Capital expenditures (3,074) (462)
Net cash used in investing activities (3,330) (462)
Cash flows from financing activities:    
Proceeds from common stock offering 2,973 63,250
Payment of common stock financing costs (207) (4,384)
Proceeds from long-term borrowing 17,500 0
Repayment of long-term debt (4,999) 0
Payment of long-term debt fees and issuance costs (344) (284)
Proceeds from exercise of common stock options 69 17
Net cash provided by financing activities 14,992 58,599
Net (decrease) increase in cash, cash equivalents, and restricted cash (15,801) 44,124
Cash, cash equivalents, and restricted cash - beginning of period 48,460 26,268
Cash, cash equivalents, and restricted cash - end of period 32,659 70,392
Non-cash operating activities:    
Right-of-use asset acquired through operating leases 8,147 0
Non-cash investing activities:    
Capital expenditures (accounts payable and accrued expenses) 13 339
Non-cash financing activities:    
Debt fees (accrued expense and other noncurrent liabilities) 834 100
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Total cash, cash equivalents, and restricted cash shown in the unaudited condensed consolidated statements of cash flows $ 32,659 $ 70,392