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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating activities:    
Net loss $ (18,916) $ (69,045)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 1,325 972
Stock-based compensation expense 2,893 938
Change in fair value of the Convertible Loan (31,399) 21,845
Non-cash interest expense 10,758 2,573
Non-cash interest income   (22)
Gain (loss) on debt and Convertible Loan extinguishments (2,166) 3,863
Change in right-of-use asset 2,053 1,018
Loss from disposal of property and equipment   81
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 5,106 4,826
Accounts payable and accrued liabilities (3,755) 39
Accrued compensation 1,512 (1,060)
Operating lease liability (4,962) (13,451)
Net cash used in operating activities (37,551) (47,423)
Investing activities:    
Purchases of property and equipment (1,879) (8,144)
Proceeds from sale of property and equipment   10
Net cash used in investing activities (1,879) (8,134)
Financing activities:    
Proceeds from issuance of the Convertible Loan, net of issuance costs   29,101
Proceeds from issuance of term debt, net of issuance costs 34,889 24,925
Payments for taxes related to net share settlement of equity awards (61) (43)
Proceeds from exercise of stock options 130 5
Net cash provided by financing activities 34,958 53,988
Net decrease in cash, cash equivalents and restricted cash (4,472) (1,569)
Cash, cash equivalents and restricted cash, beginning of period 19,243 20,812
Cash, cash equivalents and restricted cash, end of period 14,771 19,243
Supplemental disclosure of cash flow information:    
Right-of-use asset obtained in exchange for operating lease liability 977 2,700
Property and equipment included in accounts payable and accrued liabilities $ 89 $ 217