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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities    
Net loss $ (6,719) $ (6,013)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization expense 26 335
Stock-based compensation 1,000 691
Other 38 10
Change in operating assets and liabilities:    
Contracts and other receivables (8) 432
Prepaid expenses and other assets 681 356
Accounts payable 340 275
Accrued liabilities (26) 14
Accrued research and development expenses (202) (371)
Accrued compensation (1,159) (941)
Operating lease right-of-use assets and liabilities, net (12) 90
Other liabilities (340) (589)
Net cash used in operating activities (6,381) (5,711)
Investing activities    
Purchases of property and equipment (102) (53)
Net cash used in investing activities (102) (53)
Financing activities    
Proceeds from issuance of common stock, net 2 6,382
Proceeds from exercise of common stock options 0 26
Payments on financing leases 0 (72)
Net cash provided by financing activities 2 6,336
Net (decrease) increase in cash and cash equivalents (6,481) 572
Cash and cash equivalents at beginning of period 60,445 31,087
Cash and cash equivalents at end of period 53,964 31,659
Reconciliation of cash, cash equivalents and restricted cash    
Cash and cash equivalents 53,902 31,597
Restricted cash 62 62
Total cash, cash equivalents and restricted cash 53,964 31,659
Supplemental disclosure of cash flow information    
Interest paid (110) (109)
Income taxes paid (1) 0
Supplemental disclosure of non-cash investing and financing activities    
Non-cash acquisition of property and equipment $ 33 $ 24