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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (10,544) $ (58,968) $ (142,000)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 601 760  
Impairment charges 1,008 0  
Share-based compensation (9,306) 12,982  
Change in fair value of warrants (304) (4,026)  
Change in fair value of contingent consideration 1,125 14  
Deferred income taxes 0 (611)  
Non-cash operating lease expense 400 428  
Other non-cash operating activities (570) 101  
Changes in assets and liabilities:      
Receivables (1,497) (9,693)  
Inventories (458) 0  
Prepaid and other current assets (1,786) (3,802)  
Trade payables and accrued liabilities (3,084) 456  
Contract liabilities 705 6,811  
Provision for contract losses, net (77) 33,766  
Other non-current assets and liabilities (345) (891)  
Net cash used in operating activities (24,132) (22,673)  
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (527) (1,360)  
Purchases of available-for-sale securities (44,520) (122,468)  
Maturities of available-for-sale securities 62,300 21,100  
Net cash provided by (used in) investing activities 17,253 (102,728)  
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from exercise of stock options 248 209  
Other financing costs 0 (1,274)  
Net cash provided by (used in) financing activities 248 (1,065)  
Decrease in cash, cash equivalents and restricted cash (6,631) (126,466)  
Cash, cash equivalents and restricted cash at the beginning of the period 47,874 191,581 191,581
Cash, cash equivalents and restricted cash at the end of the period 41,243 65,115 47,874
Reconciliation of cash, cash equivalents and restricted cash:      
Cash and cash equivalents 39,215 63,615 45,719
Short-term restricted cash 528 0 655
Long-term restricted cash 1,500 1,500 1,500
Total cash, cash equivalents and restricted cash 41,243 65,115 $ 47,874
Non-cash investing and financing activities:      
Fair value of Project Warrants and Collaboration Warrants recognized in equity 76 9,339  
Capital expenditures incurred but not yet paid $ 56 $ 19