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FY2022
12 months to Dec 31, 2022
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FY2021
12 months to Dec 31, 2021
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|---|---|---|
| Operating activities: | ||
| Net loss | ||
| Reconciliation of net loss to net cash used in operating activities: | ||
| Stock-based compensation | ||
| Depreciation expense | ||
| Net amortization of premiums and discounts on investments | ||
| Change in fair value of contingent earn-out liability | ||
| Change in fair value of warrant liabilities | ||
| Non-cash lease expense | ||
| Changes in operating assets and liabilities: | ||
| Prepaid expense and other assets | ||
| Accounts payable | ||
| Accrued expenses | ||
| Net cash used in operating activities | ||
| Investing activities: | ||
| Purchases of property and equipment | ||
| Purchases of investments | ||
| Proceeds from maturities of investments | ||
| Net cash used in investing activities | ||
| Financing activities: | ||
| Proceeds from Business Combination and PIPE Financing, net of offering costs paid | ||
| Proceeds from issuance of convertible preferred stock, net of issuance costs | ||
| Proceeds from issuance of common stock | ||
| Transaction costs paid in connection with Business Combination and PIPE Financing | ||
| Proceeds from the exercise of stock options | ||
| Net cash provided by financing activities | ||
| (Decrease) in cash, cash equivalents and restricted cash | ||
| Cash, cash equivalents and restricted cash, beginning of period | ||
| Cash, cash equivalents and restricted cash, end of period | ||
| Supplemental disclosure of non-cash activities | ||
| Unpaid liabilities assumed in connection with the Business Combination | ||
| Business Combination transaction costs included in accounts payable and accrued expenses | ||
| Purchases of property and equipment in accounts payable |
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