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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities    
Net loss $ (14,260) $ (2,207)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization expense 274 216
Non-cash lease expense 99 56
Stock-based compensation expense 1,267 778
Change in fair value of common stock warrant liability 575 (6,050)
Change in fair value of earnout liability 764 (4,593)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (290) (269)
Other receivables 663
Other non-current assets 34 34
Accounts payable 2,078 (2,453)
Accrued expenses and other current liabilities (1,317) 386
Operating lease liability (206) (112)
Other non-current liabilities (16) 1
Net cash used in operating activities (10,335) (14,213)
Cash flows used in investing activities    
Purchases of property and equipment (26) (29)
Net cash used in investing activities (26) (29)
Cash flows from financing activities    
Proceeds from issuance of common stock through ATM and underwritten offerings, net 101,479  
Proceeds from exercise of common stock options 32 13
Net cash provided by financing activities 101,511 13
Net increase (decrease) in cash, cash equivalents and restricted cash 91,150 (14,229)
Cash, cash equivalents and restricted cash    
Cash, cash equivalents and restricted cash at beginning of the period 38,667 85,046
Cash, cash equivalents and restricted cash at end of the period 129,817 70,817
Supplemental and non-cash items reconciliations:    
Reclassification of common stock warrant liability to equity 725  
Unpaid offerings issuance costs included in accrued expenses and other current liabilities 40  
Vesting of founders’ restricted stock $ 6 3
Right-of-use asset obtained in exchange for lease liabilities   $ 1,131