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Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Loss $ (8,567) $ (7,346)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 39 26
Operating lease right of use asset amortization 99 88
Financing lease right of use asset amortization 638 0
Stock-based compensation 1,585 1,578
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (341) (527)
Accounts payable 96 (31)
Accrued expenses 10 (27)
Accrued payroll expenses (91) (383)
Operating lease liability (83) (12)
Net cash used in operating activities (6,615) (6,634)
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisition of property and equipment (19) (79)
Net cash used in investing activities (19) (79)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from at-the-market sale of stock, net of commissions and expenses 185 243
Proceeds from exercise of stock options 166 2,869
Payments on principal of financing lease (578) 0
Net cash provided (used) by financing activities (227) 3,112
Net decrease in cash and cash equivalents (6,861) (3,601)
Cash and cash equivalents at beginning of period 28,699 37,942
Cash and cash equivalents at end of period 21,838 34,341
Supplemental information:    
Cash paid for interest 140 0
Cash paid for taxes $ 0 $ 66