XML 17 R7.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net loss $ (6,187) $ (4,226)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation 675 760
Depreciation and amortization 48 7
(Gain) loss on disposal of fixed assets 3 0
Accretion on marketable securities (167) 515
Changes in operating assets and liabilities:    
Prepaid and other current assets (1,652) (969)
Other assets 167 57
Accounts payable, accrued liabilities and other liabilities (1,083) (1,786)
Net cash used in operating activities (8,196) (5,642)
Cash flows from investing activities:    
Purchase of marketable securities (30,121) (26,546)
Sale of marketable securities 34,410 20,456
Net cash provided by (used in) investing activities 4,289 (6,090)
Cash flows from financing activities:    
Tax withholding payments on net share settlement equity awards (85) (168)
Net cash used in financing activities (85) (168)
Effect of exchange rate changes on cash (7) 0
Net decrease in cash and cash equivalents (3,999) (11,900)
Cash and cash equivalents at beginning of period 32,154 24,647
Cash and cash equivalents at end of period $ 28,155 $ 12,747