RESTRICTED CASH

6 Months Ended

Jun. 30, 2023

RESTRICTED CASH

RESTRICTED CASH

3. RESTRICTED CASH

Restricted cash at each of June 30, 2023 and December 31, 2022 was $150 thousand. Restricted cash as of June 30, 2023 and December 31, 2022 included a $50 thousand security deposit related to the Company’s credit card account and a $100 thousand standby letter of credit in favor of a landlord (see Note 5).