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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities:    
Net loss $ (8,774,000) $ (5,495,000)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation 226,000 281,000
Stock-based compensation 493,000 842,000
Non-cash interest expense   62,000
Payment of accreted interest for deferred consideration for asset acquisition   (586,000)
Changes in operating assets and liabilities:    
Award receivable 1,753,000 (564,000)
Accounts payable and accrued liabilities 940,000 (409,000)
Accrued compensation 234,000 330,000
Operating lease right-of-use asset and liability, net 890,000 49,000
Prepaid expenses and other current assets 723,000 15,000
Net cash used in operating activities (3,515,000) (5,475,000)
Investing activities:    
Purchases of property and equipment (236,000) (298,000)
Net cash used in investing activities (236,000) (298,000)
Financing activities:    
Principal payment of deferred consideration for asset acquisition   (1,414,000)
Proceeds from sale of common stock, net of offering costs 44,631,000 19,548,000
Proceeds from exercise of warrants and stock options   445,000
Net cash provided by financing activities 44,631,000 18,579,000
Net increase in cash, cash equivalents and restricted cash 40,880,000 12,806,000
Cash, cash equivalents and restricted cash, beginning of period 11,488,000 10,849,000
Cash, cash equivalents and restricted cash, end of period 52,368,000 23,655,000
Supplemental disclosure of cash flow information:    
Unpaid offering costs 208,000 185,000
Property and equipment included in accounts payable $ 19,000 $ 51,000