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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (6,053,000) $ (9,042,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 17,000 28,000
Stock-based compensation 486,000 421,000
Expense from restricted stock units 170,000 0
Accretion of discount and amortization of premiums on marketable securities (3,000) 18,000
Amortization of deferred financing costs 444,000 0
Change in fair value of derivative warrant liabilities (1,000) 0
Non-cash lease expense 100,000 100,000
Gain on disposals (16,000) 0
Changes in current assets and liabilities:    
Prepaid expenses and other current assets 495,000 (18,000)
Other assets 20,000 (100,000)
Accounts payable (2,798,000) (402,000)
Accrued expenses (8,000) 251,000
Deferred revenue 491,000 507,000
Lease liabilities (106,000) (103,000)
Net cash used in operating activities (6,762,000) (8,340,000)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment 0 (43,000)
Sales of property and equipment 150,000 0
Purchases of marketable securities 0 (8,937,000)
Sales of marketable securities 2,000,000 11,500,000
Net cash provided by investing activities 2,150,000 2,520,000
CASH FLOWS FROM FINANCING ACTIVITIES:    
Cash - Private offering 2,791,000 0
Payments of transaction costs (251,000) (122,000)
Proceeds from exercise of stock options 0 50,000
Net cash provided by (used in) financing activities 2,540,000 (72,000)
Net decrease in cash and cash equivalents (2,072,000) (5,892,000)
Cash and cash equivalents, beginning of period 14,802,000 23,443,000
Cash and cash equivalents, end of period 12,730,000 17,551,000
Supplemental disclosure of non-cash investing and financing activities:    
Transaction costs in accounts payable and accrued liabilities at period end $ 408,000 $ 1,204,000