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Condensed Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net loss $ (14,172) $ (29,110)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 306 327
Amortization of right-of-use asset 165 44
Write-off of deferred offering costs 332  
Share-based compensation 3,340 3,977
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 1,553 5,236
Accounts payable 71 62
Accrued expenses and other current liabilities (1,452) (2,471)
Deferred revenue 19,808  
Other long-term liabilities (60) (72)
Net cash provided by (used in) operating activities 9,891 (22,007)
Cash flows from investing activities:    
Purchases of property and equipment (482) (176)
Net cash used in investing activities (482) (176)
Cash flows from financing activities:    
Payment of offering costs (125)  
Prepayments from PIPE transaction recorded as deposit liability 61,000  
Proceeds from exercise of stock options   32
Proceeds from issuance of common stock under ATM, net 34  
Net cash provided by financing activities 60,909 32
Net increase (decrease) in cash and cash equivalents and restricted cash 70,318 (22,151)
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 90,741 $ 27,178
Supplemental disclosures of cash flow information:    
Operating lease right-of-use asset and lease liability recorded due to lease extension 226  
Issuance of common stock to certain board of directors in lieu of accrued compensation 221  
Deferred offering costs in accrued expenses and other current liabilities 5  
Property and equipment included in accounts payable $ 315