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Currency Risk (Tables)
12 Months Ended
Dec. 31, 2022
Foreign Currency Risk [Abstract]  
Schedule of Financial Position Exposure

The Company is exposed to currency risk through its cash, other receivables, accounts payable, accrued expenses and other current liabilities, as well as right-of-use lease liabilities denominated in Canadian dollars as follows:

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Cash

 

$

1,904

 

 

$

3,583

 

Research and development tax credits receivable

 

 

 

 

 

3,261

 

Other receivables

 

 

851

 

 

 

745

 

Accounts payable

 

 

(324

)

 

 

(665

)

Accrued expenses and other current liabilities

 

 

(2,289

)

 

 

(2,116

)

Lease liabilities

 

 

(4,392

)

 

 

(5,564

)

Net financial position exposure

 

$

(4,250

)

 

$

(756

)