XML 16 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 71,061 $ 74,268
Short-term investments 47,125 1,010
Restricted cash 182 182
Inventory 1,230  
Prepaid expenses 2,282 2,791
Deposits and other current assets 1,428 24
Total current assets 123,308 78,275
Property and equipment, net 54 69
Right-of-use lease assets - operating, net 566 410
Deposits and other assets 267 283
Total assets 124,195 79,037
Current liabilities    
Accounts payable 1,518 544
Accrued expenses 5,289 3,995
Term loan, short-term   9,805
Lease obligation - operating, short-term 567 476
Other current liabilities 42 26
Total current liabilities 7,416 14,846
Term loan, long-term 36,794 7,354
Derivative liability 7,517  
Lease obligation - operating, long-term 7  
Other liabilities 28 367
Total liabilities 51,762 22,567
Commitments and contingencies (Note 13)
Stockholders’ Equity    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized and no shares issued and outstanding
Common stock; $0.0001 par value; 150,000,000 shares authorized at December 31, 2022; 27,325,959 and 27,366,707 and 34,257,916 shares issued and outstanding at December 31, 2021 and December 31, 2022, respectively 3 3
Additional paid-in capital 298,934 246,166
Accumulated deficit (226,536) (189,698)
Accumulated other comprehensive (loss) income 32 (1)
Total stockholders’ equity 72,433 56,470
Total liabilities and stockholders’ equity $ 124,195 $ 79,037