XML 18 R7.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net loss $ (9,151) $ (6,172)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 27 21
Equity-based compensation 1,171 1,187
Amortization of right-of-use assets 31 39
Loss on currency translation from liquidation of subsidiary 195  
Issuance of common stock as commitment shares for equity line financing   318
Changes in operating assets and liabilities:    
Grant receivables 420 2,063
Prepaid expenses and other assets 583 (72)
Accounts payable and accrued expenses (377) (75)
Deferred grant income and other liabilities (117) 22
Operating lease liabilities (26) (36)
Net cash used in operating activities (7,244) (2,705)
Cash flows from investing activities:    
Payments for property and equipment   (41)
Net cash used in investing activities   (41)
Cash flows from financing activities:    
Payment of employee withholding taxes on vested restricted stock units (106)  
Payments on loan payable (178) (207)
Net cash provided by (used in) financing activities 11,993 (10)
Effect of exchange rate changes on cash and cash equivalents   4
Net increase (decrease) in cash and cash equivalents 4,749 (2,752)
Cash and cash equivalents    
Cash and cash equivalents-beginning of period 29,922 41,562
Cash and cash equivalents-end of period 34,671 38,810
At The Market Offering    
Cash flows from financing activities:    
Proceeds from issuance of common stock 381 $ 197
Follow-on Public Offering    
Cash flows from financing activities:    
Proceeds from issuance of common stock $ 11,896