XML 18 R7.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Cash Flows - USD ($)
shares in Thousands, $ in Thousands
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating activities    
Net loss $ (10,168) $ (7,986)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 539 193
Non cash interest related to convertible notes - related party   45
Depreciation 34 5
Non-cash lease expense 16 5
Change in assets and liabilities, net of the effects of the reverse asset acquisition:    
Prepaid expenses and other assets (351) 875
Accounts payable 460 475
Accrued and other liabilities 1,054 627
Net cash used in operating activities (8,416) (5,761)
Investing activities    
Purchases of property and equipment (2) (118)
Net cash used in investing activities (2) (118)
Financing activities    
Proceeds from issuance of common stock and redeemable convertible preferred stock 7,500 24,240
Exercise of stock options 53  
Issuance costs (695) (74)
Net cash provided by financing activities 6,858 24,166
Net (decrease) increase in cash and restricted cash (1,560) 18,287
Net foreign exchange difference (10) (7)
Cash and restricted cash at beginning of period 13,923 2,845
Cash and restricted cash at end of period $ 12,353 21,125
Supplemental non-cash financing transactions:    
Placement warrants issued in connection with equity financing 289  
Unpaid fixed asset purchases $ 2  
Operating lease right-of-use asset obtained in exchange for operating lease   $ 128