XML 21 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 34,565 $ 36,043
Accounts receivable 2,039 2,152
Accounts receivable - related party 502 0
Prepaid expenses and other current assets 1,826 2,937
Total current assets 38,932 41,132
Property and equipment, net 562 1,969
Operating lease right-of-use assets 7,801 1,889
Restricted cash 688 688
Warrant asset 153 0
Other assets 331 402
Total assets 48,467 46,080
Current liabilities:    
Accounts payable 306 525
Accrued and other liabilities 5,180 4,126
Lease liabilities, current portion 1,829 2,497
Total current liabilities 7,315 7,148
Lease liabilities, noncurrent portion 6,640 882
Warrant liabilities 55,892 115
Total liabilities 69,847 8,145
Commitments and contingencies (Note 5 and Note 14)
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 10,000 shares authorized; no shares issued and outstanding as of December 31, 2024 and 2023 0 0
Common stock, $0.0001 par value, 500,000 shares authorized as of December 31, 2024 and 2023; 3,262 and 2,063 shares issued and outstanding as of December 31, 2024 and 2023, respectively 0 0
Additional paid-in-capital 263,879 259,630
Accumulated deficit (285,259) (221,695)
Total stockholders' (deficit) equity (21,380) 37,935
Total liabilities and stockholders' (deficit) equity $ 48,467 $ 46,080