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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ (23,863) $ (19,115)
us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract    
Depreciation and amortization 306 374
Share-based compensation 4,124 2,895
Amortization of premium and discount on marketable securities (1,103) (1,628)
ROU asset amortization 623 582
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (5,899) 1,662
Accounts payable (2,898) (2,658)
Accrued expenses 4,713 (3,863)
Operating lease liability (645) (591)
Net cash used in operating activities (24,642) (22,342)
Cash flows from investing activities:    
Purchases of marketable securities (72,950) (92,964)
Proceeds from sale or maturities of marketable securities 75,334 96,577
Purchases of property and equipment 0 (11)
Net cash provided by investing activities 2,384 3,602
Cash flows from financing activities:    
Proceeds from issuance of common stock (18,113) (3,126)
Issuance costs from issuance of common stock (543) (95)
Taxes paid related to net shares settlement of RSUs (136) 0
Proceeds from exercise of stock options 0 41
Net cash provided by financing activities 17,434 3,072
Net change in cash and cash equivalents (4,824) (15,668)
Cash and cash equivalents at beginning of period 24,228 34,946
Cash and cash equivalents at end of period 19,404 19,278
Supplemental disclosure of cash flow information    
Unrealized (loss) gain on marketable securities $ (128) $ (205)