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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities    
Net loss $ (30,340) $ (12,611)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization expense 549 434
Non-cash lease expense 201 151
Stock-based compensation expense 2,658 1,843
Change in fair value of common stock warrant liability 575 (6,895)
Change in fair value of earnout liability 344 (5,218)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 63 658
Other receivables 663
Other non-current assets 314 68
Accounts payable (187) (977)
Accrued expenses and other current liabilities 2,002 (911)
Operating lease liability (417) (222)
Other non-current liabilities (32) 111
Net cash used in operating activities (23,607) (23,569)
Cash flows used in investing activities    
Purchases of property and equipment (37) (272)
Net cash used in investing activities (37) (272)
Cash flows from financing activities    
Proceeds from issuance of common stock through ATM and underwritten offerings, net 101,479
Proceeds from issuance of common stock pursuant to Employee Stock Purchase Plan 36
Taxes withheld and paid related to net share settlement of equity awards (661)
Proceeds from exercise of common stock options 352 26
Net cash provided by financing activities 101,206 26
Net increase (decrease) in cash, cash equivalents and restricted cash 77,562 (23,815)
Cash, cash equivalents and restricted cash at beginning of the period 38,667 85,046
Cash, cash equivalents and restricted cash at end of the period 116,229 61,231
Supplemental and non-cash items reconciliations:    
Reclassification of common stock warrant liability to equity 725
Unpaid offerings issuance costs included in accrued expenses and other current liabilities 40
Vesting of founders’ restricted stock 7 5
Right-of-use asset obtained in exchange for lease liabilities 1,074
Accounts payable and accrued expenses for purchases of property and equipment 211
Non-cash leasehold improvements $ 281