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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating activities:    
Net loss $ (35,709) $ (28,302)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 638 374
Stock-based compensation expense 1,561 1,105
Noncash lease expense 1,176 896
Noncash interest and other expense, net 394 583
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 915 (179)
Accounts payable 1 (209)
Accrued expenses and other liabilities 1,709 723
Interest payable (256) 92
Operating lease liabilities (1,501) (1,040)
Cash used in operating activities (31,072) (25,957)
Investing activities:    
Purchase of property and equipment (562) (135)
Repayment of related party note receivable   38
Cash used in investing activities (562) (97)
Financing activities:    
Proceeds from the issuance of common stock, net of issuance costs 8,861 33,425
Proceeds from issuance of pre-funded warrants, net of issuance costs 7,281 0
Repayment of loan (4,739)  
Borrowings on loan payable   15,000
Payment of loan issuance costs   (95)
Cash acquired in connection with reverse recapitalization   17,045
Payment of reverse recapitalization transaction costs   (6,420)
Proceeds from option exercises   108
Cash provided by financing activities 11,403 59,063
Net increase in cash and cash equivalents (20,231) 33,009
Cash, cash equivalents and restricted cash at beginning of period 51,829 18,820
Cash, cash equivalents and restricted cash at end of period 31,598 51,829
Supplemental disclosure of cash flow information:    
Cash paid for interest 1,539 953
Cash paid for income taxes 18  
Operating lease right-of-use assets recognized in exchange for lease liabilities 10,660  
Non-cash operating activities:    
Lease modification 884  
Non-cash investing activities:    
Property and equipment in accounts payable $ 93 78
Non-cash financing activities:    
Vesting of early exercise stock options   136
Issuance of common stock for license agreement   $ 49