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v3.25.1

Description of Business and Financial Condition (Details) - USD ($) $ / shares in Units, $ in Thousands |  |  |  | 12 Months Ended
--- | --- | --- | --- | ---
Mar. 14, 2024 | Mar. 10, 2023 | Dec. 23, 2022 | Dec. 31, 2024 | Dec. 31, 2023
Description of Business and Financial Condition |  |  |  |  |
Net loss |  |  |  | $ 33,971 | $ 25,788
Cash and cash equivalents |  |  |  | 25,009 | 29,922
Accumulated deficit |  |  |  | 175,160 | 141,189
Follow-on Public Offering |  |  |  |  |
Description of Business and Financial Condition |  |  |  |  |
Shares issued (in shares) | 6,571,428 |  |  |  |
Proceeds from issuance of common stock |  |  |  | $ 11,896 |
Offering price per share (in dollars per share) | $ 1.75 |  |  |  |
Underwriters option to purchase additional shares (in shares) | 985,714 |  |  |  |
Gross proceeds | $ 13,225 |  |  |  |
Net proceeds | $ 11,896 |  |  |  |
At The Market Offering |  |  |  |  |
Description of Business and Financial Condition |  |  |  |  |
Aggregate offering price |  |  | $ 200,000 |  |
Maximum value of stock to be issued under agreement |  |  | 40,000 |  |
Shares issued (in shares) |  |  |  | 19,913,189 |
Proceeds from issuance of common stock |  |  |  | $ 12,454 | 5,127
Gross proceeds |  |  |  | 12,840 |
Equity Line Financing |  |  |  |  |
Description of Business and Financial Condition |  |  |  |  |
Proceeds from issuance of common stock |  |  |  |  | $ 205
Cantor Fitzgerald & Co. and B. Riley Securities, Inc. | At The Market Offering |  |  |  |  |
Description of Business and Financial Condition |  |  |  |  |
Maximum value of stock to be issued under agreement |  |  | $ 40,000 |  |
Lincoln Park | Equity Line Financing |  |  |  |  |
Description of Business and Financial Condition |  |  |  |  |
Maximum value of stock to be issued under agreement |  | $ 35,000 |  |  |
Shares issued (in shares) |  | 189,856 |  |  | 125,000
Proceeds from issuance of common stock |  |  |  |  | $ 205
Term of agreement |  | 36 months |  |  |
Amount available to draw under purchase agreement |  |  |  | $ 34,795 |

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