XML 15 R5.htm IDEA: XBRL DOCUMENT v3.21.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net loss $ (16,538) $ (12,625)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 775 1,165
Amortization and premium of marketable securities, net (48) (63)
Gain on sale or disposal of assets (24)  
Loss on fair value remeasurement of contingent consideration 483 234
Stock-based compensation expense 1,275 687
Changes in operating assets and liabilities:    
Accounts and other receivables (26) (93)
Prepaid and other current assets (2,137) 206
Accounts payable and accrued expenses (1,266) (853)
Other liabilities (578) (768)
Net cash used in operating activities (18,084) (12,110)
Cash flows from investing activities:    
Sales and maturities of marketable securities 78,000 22,200
Purchases of marketable securities (33,970)  
Acquisition of property and equipment (567) (235)
Proceeds from sale or disposal of assets 24  
Net cash provided by investing activities 43,487 21,965
Cash flows from financing activities:    
Net proceeds from stock issuances   1,613
Proceeds from issuance of stock from employee benefit plans 74 24
Net cash provided by financing activities 74 1,637
Net increase in cash and cash equivalents 25,477 11,492
Cash and cash equivalents at beginning of period 43,836 11,232
Cash and cash equivalents at end of period $ 69,313 22,724
Non-cash investing activities    
Accrued construction in progress   $ 462