Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Cash Flows

v3.21.2
Condensed Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities    
Net loss $ (30,575) $ (10,064)
Adjustments to reconcile net loss to net cash used in operations:    
Depreciation and amortization 1,040 726
Impairment of property and equipment  664
Gain on disposal of property and equipment (450)
Share-based compensation expense 12,345 839
Non-cash interest expense (10) 7
Inventory write-downs 168
Gain on extinguishment of debt (692)
Change in:    
Accounts receivable, net 1,079
Inventory (1,182) 24
Other current and non-current assets (3,038) 104
Accounts payable 573 (340)
Accrued liabilities 390 (1,750)
Deferred revenue (21)
Contract liabilities and other current liabilities (59) (1,678)
Operating lease liabilities (506) (491)
Other long-term liabilities (195)
Net cash used in operating activities (21,245) (11,847)
Cash flows from investing activities    
Proceeds on sale of property and equipment 525
Purchases of property and equipment (2,034) (94)
Net cash provided by (used in) investing activities (2,034) 431
Cash flows from financing activities    
Principal payments under finance leases (25) (19)
Increase in long-term debt 1,571
Payments received on subscriptions receivable 6,135
Net proceeds from issuance of common stock 125,442 9,054
Net cash provided by financing activities 131,552 10,606
Change in cash, cash equivalents, and restricted cash 108,273 (810)
Cash, cash equivalents, and restricted cash at beginning of period 17,297 6,272
Cash, cash equivalents, and restricted cash at end of period 125,570 5,462
Supplemental schedule of non-cash investing and financing activities    
Non-cash additions to property and equipment $ 298 $ 19