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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Cash flows from operating activities      
Net loss $ (12,697) $ (7,096)  
Adjustments to reconcile net loss to net cash used in operating activities      
Amortization of deferred financing costs 27 4  
Change in fair value of convertible notes (issued, converted and outstanding) 5,758 2,218  
Change in fair value of forward purchase agreement derivative liability 0 (100)  
Change in fair value of liability classified warrants (exercised and outstanding) 2,846 (36)  
Stock-based compensation 434 505  
Changes in operating assets and liabilities      
Other receivables 0 12  
Prepaid expenses 614 318  
Other assets 2 0  
Accounts payable (493) 1,095  
Accrued expenses 21 0  
Other liabilities 0 786  
Net cash used in operating activities (3,488) (2,294)  
Cash flows from financing activities      
Proceeds from issuance of convertible notes 979 3,000  
Payment of convertible notes 0 (10)  
Proceeds from issuance of shares 4,543 1,108  
Proceeds from exercise of convertible note warrants 853 0  
Proceeds of Pre-Funded warrants 3,769 0  
Payment of commitment fee - equity line of credit 0 (500)  
Proceeds from sale of recycled shares 0 1,870  
Proceeds from notes payable 0 100  
Payment of notes payable (1,813) (2,596)  
Net cash provided by financing activities 8,331 2,972  
Net increase in cash 4,843 678  
Cash, beginning of period 176 47 $ 47
Cash, end of period 5,019 725 $ 176
Supplemental disclosure of cash flow information      
Cash paid for interest 0 508  
Exercise of pre-funded warrants 3,106 0  
Shares issued as payment of convertible notes 9,387 0  
Issuance of convertible note warrants $ 586 $ 500