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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net loss $ (2,212) $ (2,843)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 16 20
Stock-based compensation 13 19
Non-cash lease expense 6 16
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 305 332
Accounts payable 221 1,158
Accrued expenses 159 345
Accrued compensation expenses (239) 26
Accrued clinical trial expenses (244) 149
Net cash used in operating activities (1,975) (778)
Cash flows from investing activities:    
SAFE (see Note 1) (8,000)
Purchases of property and equipment (18)
Net cash used in investing activities (8,018)
Cash flows from financing activities:    
Net proceeds from sale of common stock and exercise of warrants 24,466
Net cash provided by financing activities 24,466
Effect of exchange rate changes on cash and cash equivalents (1) (3)
Cash and cash equivalents:    
Net increase (decrease) (9,994) 23,685
Balance at beginning of period 69,593 3,177
Balance at end of period $ 59,599 $ 26,682