XML 15 R6.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2022
Mar. 31, 2022
Sep. 30, 2021
Mar. 31, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Cash flows used in operating activities:              
Net loss $ (5,219) $ (4,116) $ (3,724) $ (2,720) $ (14,617) $ (9,244)  
Adjustments to reconcile net loss to net cash used in operating activities:              
Depreciation and amortization         460 266  
Amortization of deferred financing costs and debt discount         309 417  
In process research and development acquired         0 18  
Change in fair value of liability instruments         (1) (4)  
Stock-based compensation expense         476 425  
Non-cash lease expense         (35) 36  
Increases (decreases) in cash caused by changes in operating assets and liabilities:              
Grant Receivable         73 0  
Other current assets         642 12  
Accounts payable and accrued expenses         1,955 418  
Net cash used in operating activities         (10,738) (7,656)  
Cash flows used in investing activities:              
Purchases of property and equipment         (381) (134)  
Purchase of intangible assets         (117)    
Proceeds from sale of property and equipment         0 50  
In process research and development acquired         (250) 0  
Net cash used in investing activities         (748) (84)  
Cash flows from financing activities:              
Principal payments of long-term obligations         (1,206) 0  
Payment of financing lease liability         0 (8)  
Proceeds from exercise of warrants         0 2,017  
Proceeds from sale of common stock, net         14,558 18,665  
Net cash provided by financing activities         13,352 20,674  
Net increase in cash and cash equivalents         1,866 12,934  
Cash and cash equivalents at beginning of period   $ 18,400   $ 8,346 18,400 8,346 $ 8,346
Cash and cash equivalents at end of period $ 20,266   $ 21,280   20,266 21,280 $ 18,400
Cash paid during period for:              
Interest         248 292  
Supplemental schedule of non-cash investing and financing activities:              
Unpaid offering cost         68 139  
Right-of-use asset obtained in exchange for lease liabilities         $ 0 $ 81