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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net loss $ (14,271) $ (5,848)
Adjustments to reconcile net loss to net cash used in operating activities:    
Noncash revenue from equity investments (46) (46)
Fair value adjustments 3,079 627
Depreciation 877 877
Stock-based compensation 1,775 520
Noncash research and development expenses 435  
Noncash investment accretion 83 (1)
Decrease (increase) in assets:    
Accounts receivable, net 2,404 1,065
Unbilled and other receivables 5,154 973
Reduction in the carrying amount of right of use assets 1,299 1,311
Prepaid expenses and other assets (1,106) 87
Increase (decrease) in liabilities:    
Accounts payable 2,110 1,028
Accrued payroll, taxes, and benefits (2,289) (685)
Deferred revenue (3,378) (2,714)
Lease liabilities (1,266) (1,469)
Other accrued liabilities (638) (348)
Net cash used in operating activities (5,778) (4,623)
Cash flows from investing activities:    
Purchases of property and equipment (843) (1,065)
Purchases of equity investments (2,869)  
Purchases of marketable securities (127,109) (21,337)
Proceeds from sale and maturity of marketable securities 42,908 6,325
Net cash used in investing activities (87,913) (16,077)
Cash flows from financing activities:    
Issuances of common stock upon initial public offering, net 212,277  
Issuances of Series E preferred stock, net   4,951
Issuances of common stock upon stock option exercise 177 115
Contribution by noncontrolling interest   100
Net cash provided by financing activities 212,454 5,166
Net increase (decrease) in cash and cash equivalents and restricted cash 118,763 (15,534)
Cash and cash equivalents and restricted cash, beginning of period 26,486 77,716
Cash and cash equivalents and restricted cash, end of period 145,249 62,182
Supplemental disclosure of cash flow and noncash information    
Cash paid for income taxes 64 62
Supplemental disclosure of non-cash investing and financing activities    
Purchases of property and equipment 254  
Acquisitions of right of use assets in exchange for lease obligations 1,778 149
Right of use assets recognized on adoption   $ 16,475
Accrued offering costs $ 786