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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows used in operating activities    
Net loss $ (64,465) $ (37,685)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization expense 1,108 975
Non-cash lease expense 419 335
Stock-based compensation expense 5,211 4,091
Change in fair value of common stock warrant liability 575 (7,200)
Change in fair value of earnout liability (18) (5,725)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 767 312
Other receivables 663 (663)
Other non-current assets (584) (114)
Accounts payable 2,381 (2,151)
Accrued expenses and other current liabilities 2,821 836
Operating lease liability (865) (589)
Other non-current liabilities (80) 1,720
Net cash used in operating activities (52,067) (45,858)
Cash flows used in investing activities    
Purchases of property and equipment (267) (576)
Net cash used in investing activities (267) (576)
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 388 27
Proceeds from issuance of common stock pursuant to Employee Stock Purchase Plan 64 28
Taxes withheld and paid related to net settlement of equity awards (960)
Net cash provided by financing activities 100,971 55
Net increase (decrease) in cash, cash equivalents and restricted cash 48,637 (46,379)
Cash, cash equivalents and restricted cash at beginning of the year 38,667 85,046
Cash, cash equivalents and restricted cash at end of the year 87,304 38,667
Supplemental and non-cash items reconciliations:    
Reclassification of common stock warrant liability into additional paid-in capital 725
Right-of-use asset obtained in exchange for lease liabilities 1,074
Non-cash leasehold improvements (281)
Letter of credit issued in connection with lease recognition $ 72