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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows used in operating activities    
Net loss $ (21,241) $ (13,728)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization expense 279 288
Non-cash lease expense 193 116
Stock-based compensation expense 1,811 1,169
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (201) 218
Other non-current assets 288 (80)
Accounts payable (1,039) (1,758)
Accrued expenses and other current liabilities (2,617) (1,728)
Operating lease liability (315) (233)
Net cash used in operating activities (22,842) (15,736)
Cash flows used in investing activities    
Purchases of property and equipment (25)
Proceeds from sales of property and equipment 4
Net cash provided by (used in) investing activities 4 (25)
Cash flows from financing activities    
Proceeds from issuance of common stock through ATM and underwritten offerings, net 47,195
Proceeds from exercise of common stock options 154
Net cash provided by financing activities 47,349
Net increase (decrease) in cash, cash equivalents and restricted cash (22,838) 31,588
Cash, cash equivalents and restricted cash at beginning of the period 72,054 87,304
Cash, cash equivalents and restricted cash at end of the period 49,216 118,892
Supplemental and non-cash items reconciliations    
Right-of-use asset obtained in exchange for lease liabilities $ 1,092