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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flow from operating activities:    
Net loss $ (16,520) $ (10,910)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 2,384 1,024
Depreciation and amortization expense 21 11
Accretion of discounts and amortization of premiums on investments, net (671) 29
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 636 2,129
Other long-term assets (89) (25)
Accounts payable 2,121 1,587
Accrued and other liabilities 716 497
Operating lease assets and liabilities, net (31) (3)
Other liabilities 9
Net cash used in operating activities (11,424) (5,661)
Cash flow from investing activities:    
Purchases of short-term investments (15,609) (32,890)
Maturities of short-term investments 31,000 12,519
Purchases of property and equipment (16) (28)
Net cash provided by (used in) investing activities 15,375 (20,399)
Cash flow from financing activities:    
Proceeds from exercise of stock options 223
Net cash provided by financing activities 223
Net increase (decrease) in cash and cash equivalents 4,174 (26,060)
Cash and cash equivalents at the beginning of the year 22,397 54,197
Cash and cash equivalents at the end of the period 26,571 28,137
Supplemental disclosure of noncash investing and financing activities:    
Deferred offering costs included in accounts payable 104
Purchases of property and equipment in accounts payable $ 30 $ 85