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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (8,897) $ (6,034)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 260 224
Amortization of premium on marketable securities 0 32
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (351) (327)
Accounts payable 187 (1,265)
Other liabilities 303 (800)
Net cash used in operating activities (8,498) (8,170)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales and maturities of marketable securities 0 3,104
Net cash provided by investing activities 0 3,104
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of pre-funded warrants for the purchase of common stock, net of issuance costs 0 16,666
Repurchase and retirement of common stock, amount 0 (3,000)
Net cash provided by financing activities 0 13,666
Net change in cash, cash equivalents, and restricted cash (8,498) 8,600
Cash and cash equivalents at beginning of period 37,549 36,640
Effect of exchange rates on cash 3 4
Cash and cash equivalents at end of period 29,054 45,244
Supplemental non-cash disclosure: NONCASH INVESTING AND FINANCING ACTIVITY:    
Deferred financing costs in accounts payable 0 99
Unrealized gain on available-for-sale marketable securities $ 0 $ 136