XML 17 R7.htm IDEA: XBRL DOCUMENT v3.22.1
Unaudited Condensed Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net loss $ (10,272) $ (6,209)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 283 187
Amortization of debt discount and debt issuance costs 38 73
Non-cash interest expense 135 132
Non-cash lease expense 219 0
Stock-based compensation 1,376 912
Changes in assets and liabilities:    
Accounts receivable, net (1,257) 689
Prepaid expenses and other current assets 664 1,061
Other assets (273) (48)
Operating lease liabilities (155) 0
Accounts payable 579 (792)
Accrued and other current liabilities 89 (317)
Net cash used in operating activities (8,574) (4,312)
Cash flows from investing activities:    
Purchases of property and equipment (1,087) (167)
Net cash used in investing activities (1,087) (167)
Cash flows from financing activities:    
Proceeds from exercise of stock options 0 44
Payment of taxes withheld on vested restricted stock units (115) 0
Proceeds from common stock issued under Employee Stock Purchase Plan 231 175
Principal payment on finance lease obligations (146) (96)
Proceeds from the issuance of common stock in public offering, gross 0 69,144
Payment of issuance costs related to public offering 0 (4,186)
Net cash (used in) provided by financing activities (30) 65,081
Net change in cash, cash equivalents and restricted cash (9,691) 60,602
Cash, cash equivalents and restricted cash, beginning of period 99,542 57,548
Cash, cash equivalents and restricted cash, end of period 89,851 118,150
Supplemental disclosure of cash flow information:    
Cash paid for interest 424 439
Supplemental disclosure of non-cash items:    
Equipment purchased under finance lease obligations 0 384
Costs incurred, but not paid, in connection with capital expenditures 1,672 44
Issuance costs included in accounts payable and accrued liabilities 0 221
Deferred offering costs reclassified to equity $ 0 $ 28