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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net loss $ (12,414) $ (17,036)
Adjustment to reconcile net loss to net cash used in operating activities:    
Non-cash stock-based compensation 1,006 810
Non-cash lease expense 296 276
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (1,423) (2,508)
Accounts payable (164) 747
Accrued expenses and other current liabilities (3,383) (2,467)
Operating lease liabilities (318) (265)
Net cash used in operating activities (16,400) (20,443)
Cash flows from financing activities:    
Proceeds from issuance of common stock, common stock warrants, and pre-funded warrants, net of issuance costs 23,051 26,605
Proceeds from the exercise of common stock warrants 4,712 404
Proceeds from employee stock purchases 48 51
Net cash provided by financing activities 27,811 27,060
Net increase in cash, cash equivalents, restricted cash, and restricted cash equivalents 11,411 6,617
Cash, cash equivalents, restricted cash, and restricted cash equivalents at the beginning of period 13,986 2,630
Cash, cash equivalents, restricted cash, and restricted cash equivalents at the end of period 25,397 9,247
Supplemental disclosure of cash flow information:    
Cash received during the period for interest 522 230
Supplemental disclosure of non-cash investing and financing activities:    
Proceeds from the exercise of common stock warrants in prepaid expenses and other assets 281 0
Offering expenses included in accounts payable and accrued expenses and other current liabilities 0 55
Warrant modifications recorded in stockholders' equity $ 0 $ 725