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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (9,757) $ (6,512)
Adjustments to reconcile loss to net cash used in operating activities:    
Cost of stock-based payments 2,352 666
Changes in operating assets and liabilities:    
(Increase)/decrease in other current assets 71 (575)
(Decrease)/increase in accounts payable, accrued compensation and benefits, and accrued liabilities (1,526) 802
Net cash used in operating activities (8,860) (5,619)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Net cash provided by (used in) investing activities
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common shares - At-the market offering 3,262  
Issuance costs related to At-the-market offering (152)  
Proceeds from issuance of common stock upon initial public offering   16,000
Issuance costs related to initial public offering (341) (2,551)
Proceeds from exercise of warrants/options/preferred investment option 11,178  
Issuance costs related to the exercise of warrants/preferred investment option (371)  
Issuance costs related to private placement (109)  
Net cash provided by financing activities 13,467 13,449
INCREASE IN CASH AND CASH EQUIVALENTS 4,607 7,830
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 19,993 5,742
CASH AND CASH EQUIVALENTS AT END OF PERIOD 24,600 $ 13,572
Supplemental noncash disclosure of investing and financing activities:    
Unpaid issuance costs related to the private placement $ 399