Operating activities | |
Net loss | 85K |
Adjustments to reconcile net loss to net cash used in operating activities: | |
Depreciation | 310K |
Amortization of premium on securities available-for-sale | 200K |
Amortization of debt issuance costs | |
Stock-based compensation | 7.89M |
Deferred revenue | -3.64M |
Changes in operating assets and liabilities: | |
Prepaid expenses and other current assets | -3.83M |
Accounts payable and accrued expenses | 13.06M |
Other assets | -2.15M |
Deferred rent | |
Net cash used in operating activities | |
Investing activities | |
Purchases of securities available-for-sale | -23.6M |
Maturities of securities available-for-sale | 80.61M |
Purchases of property and equipment | -286K |
Restricted cash | |
Net cash provided by investing activities | |
Financing activities | |
Proceeds from issuance of common stock | 139K |
Payments on borrowings on long-term debt | |
Net cash used in financing activities | |
Net increase (decrease) in cash and cash equivalents | -81M |
Cash and cash equivalents at beginning of period | 155.42M |
Cash and cash equivalents at end of period | 74.43M |