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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (41,066) $ (38,776)
Adjustments to reconcile net loss to net cash from operating activities:    
Amortization of right to use asset 33 32
Stock-based compensation expense 2,261 2,867
Non-cash interest expense 697 410
Change in fair value of derivatives 432 (557)
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (90) 101
Accrued interest on convertible notes payable and convertible line of credit - related party 2,097 623
Accounts payable, accrued expenses and other liabilities 2,671 4,244
Net cash from operating activities (32,965) (31,056)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Net cash from investing activities 0 0
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net proceeds from convertible line of credit - related party 30,000 10,000
Net proceeds from exercise of common stock purchase warrants 10,033 0
Net cash from financing activities 40,033 10,000
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS 7,068 (21,056)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 18,592 39,648
CASH AND CASH EQUIVALENTS, END OF PERIOD 25,660 18,592
NONCASH FINANCING ACTIVITIES:    
Payment of preferred stock dividends in common stock 120 97
Reclassification of accrued bonus to additional paid in capital 210 200
Noncash right to use lease asset 0 111
Common stock purchase warrants issued in connection with related party line of credit $ 671 $ 899