XML 18 R8.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2021
Jun. 30, 2020
Cash flow from operating activities:            
Net loss $ (5,775) $ (2,781) $ (2,202) $ (1,436) $ (8,556) $ (3,638)
Adjustments to reconcile net loss to net cash used in operating activities:            
Depreciation expense         4  
Stock based compensation expense         344 13
Change in fair value of convertible promissory notes to related party     540     580
Changes in operating assets and liabilities:            
Prepaid expenses and other current assets         (56)  
Other long-term assets         (74) (2)
Accounts payable         563 129
Accrued and other current liabilities         (5) 301
Net cash used in operating activities         (7,780) (2,542)
Cash flow from investing activities:            
Purchases of property and equipment         (40)  
Net cash used in investing activities         (40)  
Cash flow from financing activities:            
Proceeds from sale of Series A redeemable convertible preferred stock, net of issuance costs         63,512  
Payments for deferred offering costs         (1,115)  
Net cash provided by financing activities         62,397  
Net increase (decrease) in cash         54,577 (2,542)
Cash and cash equivalents at the beginning of the year   $ 4,573   $ 3,514 4,573 3,514
Cash and cash equivalents at the end of the period $ 59,150   $ 972   59,150 $ 972
Supplemental disclosure of noncash investing and financing activities:            
Deferred offering costs included in accounts payable         $ 1,901