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Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net loss $ (6,566) $ (16,414)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 55 83
Net amortization of premiums and discounts on investments (155) (21)
Stock-based compensation expense 691 1,217
Loss on disposal of fixed assets 16  
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 345 1,076
Other assets 24  
Accounts payable (1,584) 531
Operating lease liabilities (33) (62)
Accrued expenses and other current liabilities (570) 105
Net cash used in operating activities (7,777) (13,485)
Cash flows from investing activities:    
Purchases of investments   (12,098)
Proceeds from sales or maturities of investments 15,750 29,611
Net cash provided by investing activities 15,750 17,513
Cash flows from financing activities:    
Net increase in cash, cash equivalents and restricted cash 7,973 4,028
Cash, cash equivalents and restricted cash at beginning of period 5,219 3,625
Cash, cash equivalents and restricted cash at end of period $ 13,192 $ 7,653