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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net loss $ (2,895) $ (2,871) $ (16,019) $ (5,870)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation and amortization     13 3
Share-based compensation     989 846
Change in fair value of warrant liability (30) 258 (528) (5,889)
Foreign currency exchange losses (gains)     121 (54)
Change in assets and liabilities:        
Prepaid expenses and other current assets     1,114 (223)
Accounts payable and accrued expenses     3,882 (836)
Net cash used in operating activities     (10,428) (12,023)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Proceeds from issuance of shares, net of issuance costs     8,687 3,502
Proceeds from issuance of convertible notes     1,000  
Proceeds from issuance of restricted shares     29 1
Payments on short-term financing arrangement     (882)  
Net cash provided by financing activities     8,834 3,503
Effect of exchange rates on cash     (5) 1
Net decrease in cash     (1,599) (8,519)
Cash at beginning of period     3,845 13,250
Cash at end of period $ 2,246 $ 4,731 2,246 $ 4,731
SUPPLEMENTAL DISCLOSURES OF NONCASH ACTIVITIES:        
Financing costs in accrued expenses     72  
Non-cash seller-financed purchases     1,105  
Payroll taxes on share-based compensation in accrued expenses     193  
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFO:        
Cash paid during the period for interest     $ 120