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Subsequent Events
 12 Months Ended
Dec. 31, 2023
Subsequent Events  
Subsequent Events

13. Subsequent Events

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In March 2024, the Company entered into an underwriting agreement with Titan Partners Group LLC, a division of American Capital Partners, LLC, as representatives of the several underwriters named therein, relating to the issuance and sale by the Company of 6,571,428 shares of its common stock, at a public offering price of $1.75 per share before deducting the underwriters’ discount. The underwriters were granted an option to purchase 985,714 additional shares of common stock, at a public offering price of $1.75 per share before deducting the underwriters’ discount. This offering was made pursuant to the Company’s Shelf Registration Statement, and a related prospectus supplement dated March 11, 2024.

On March 14, 2024, the Company closed the offering, excluding the underwriters’ option to purchase 985,714 additional shares of common stock. The Company received net proceeds of approximately $10,361, after deducting $1,139 of underwriting discounts and commissions and estimated offering expenses payable by the Company.