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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating activities:    
Net loss $ (17,474) $ (15,217)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 243 208
Stock-based compensation expense 2,638 886
Non-cash lease expense 793 846
Non-cash interest and other expense, net 104 96
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 709 370
Accounts payable 512 (240)
Accrued expenses and other liabilities 296 (931)
Interest payable (7) 8
Operating lease liabilities (510) (721)
Cash used in operating activities (12,696) (14,695)
Investing activities:    
Purchase of property and equipment (417) (163)
Cash used in investing activities (417) (163)
Financing activities:    
Proceeds from the issuance of common stock in connection with at-the-market offering, net of issuance costs 4,810 1,232
Proceeds from the issuance of common stock under equity plan awards 197 0
Cash provided by financing activities 5,007 1,232
Net decrease in cash, cash equivalents and restricted cash (8,106) (13,626)
Cash, cash equivalents and restricted cash at beginning of period 39,673 31,598
Cash, cash equivalents and restricted cash at end of period 31,567 17,972
Supplemental disclosure of cash flow information:    
Cash paid for interest 651 604
Cash paid for business taxes $ 6 $ 104