XML 16 R5.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net loss $ (6,867) $ (4,445)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 32 44
Stock-based compensation 527 405
Change in fair value of warrant liability (160) (1,577)
Operating lease, net 90 113
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 438 299
Accounts payable 860 799
Accrued expenses and other current liabilities 275 738
Net cash used in operating activities (4,805) (3,624)
Cash flows from investing activities:    
Purchase of fixed assets (6) 0
Net cash used in investing activities (6) 0
Cash flows from financing activities:    
Proceeds from exercise of warrants 0 63
Proceeds from sale of common stock, net of issuance costs 0 74,685
Net cash provided by financing activities 0 74,748
Effect of exchange rate changes on cash and cash equivalents 12 (4)
Net change in cash and cash equivalents (4,799) 71,120
Cash and cash equivalents, at beginning of period 70,903 15,173
Cash and cash equivalents, at end of period 66,104 86,293
Supplemental disclosures of cash flow information:    
Cash paid for taxes $ 109 $ 0