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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (20,172) $ (15,594)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,568 1,107
Stock-based compensation 9,082 1,144
Operating non-cash lease expense (4) (32)
Amortization of deferred income (94) 0
Gain on deconsolidation of subsidiary (Note 13) (149) 0
Other, net 10 (8)
Changes in operating assets and liabilities:    
Accounts receivable, net 4,234 6,226
Prepaid expenses and other assets (1,799) (3,932)
Accounts payable 408 415
Accrued expenses and other liabilities 23 1,328
Deferred revenue 517 5,340
Net cash used in operating activities (6,376) (4,006)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (655) (488)
Payments relating to investment in equity method investment (Note 13) (520) 0
Purchases of available-for-sale securities (6,399) 0
Proceeds from principal portion of related party loan 241 0
Net cash used in investing activities (7,333) (488)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments of contingent consideration for business acquisition (1,573) 0
Proceeds from issuance of common stock 0 5,435
Principal payments under vendor financing arrangements (635) (418)
Proceeds from exercise of stock options 601 330
Payments to tax authorities for shares withheld from employees (2,053) 0
Payments of deferred offering costs (256) (906)
Payments of principal portion of term loan 0 (450)
Net cash (used in) provided by financing activities (3,916) 3,991
NET DECREASE IN CASH AND CASH EQUIVALENTS (17,625) (503)
CASH AND CASH EQUIVALENTS, beginning of period 85,825 11,744
CASH AND CASH EQUIVALENTS, end of period 68,200 11,241
Noncash investing and financing activities:    
Equity obtained in equity method investment in exchange for contribution of license agreement (Note 13) 11,563 0
Purchase of property and equipment through vendor financing and accrued expenses and other current liabilities 1,809 186
Operating lease right-of-use assets exchanged for lease liabilities 63 718
Unpaid deferred offering costs $ 0 $ 1,749