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Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net loss $ (9,827) $ (20,577)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 195 224
Amortization of right-of-use asset 110 33
Share-based compensation 2,257 2,637
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 1,216 4,448
Accounts payable 1,276 2,182
Accrued expenses and other current liabilities (33) (3,342)
Deferred revenue 23,373  
Other long-term liabilities (62) (41)
Net cash provided by (used in) operating activities 18,505 (14,436)
Cash flows from investing activities:    
Purchases of property and equipment (446) (176)
Net cash used in investing activities (446) (176)
Cash flows from financing activities:    
Proceeds from exercise of stock options   32
Proceeds from issuance of common stock under ATM, net 34  
Net cash provided by financing activities 34 32
Net increase (decrease) in cash and cash equivalents and restricted cash 18,093 (14,580)
Cash and cash equivalents and restricted cash at beginning of period 20,423 49,329
Cash and cash equivalents and restricted cash at end of period 38,516 $ 34,749
Supplemental disclosures of cash flow information:    
Issuance of common stock to certain board of directors in lieu of accrued compensation 221  
Property and equipment included in accounts payable 23  
Deferred offering costs in accrued expenses and other current liabilities 100  
Property and equipment included accrued expenses and other current liabilities $ 248