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Condensed Consolidated Statements of Cash Flows
3 Months Ended 6 Months Ended
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Cash Flows From Operating Activities:      
Net loss $ (8,316,000) $ (17,382,000) $ (13,481,000)
Adjustments to reconcile net loss to net cash used in operating activities:      
Stock-based compensation   273,000 332,000
Goodwill impairment 4,068,000   4,068,000
Change in fair value of contingent consideration   9,173,000 (73,000)
Non-cash lease expense   249,000 199,000
Depreciation   53,000 77,000
Deferred research and development tax credit   (851,000) (444,000)
Changes in operating assets and liabilities:      
Prepaid expenses and other current assets   615,000 1,018,000
Accounts payable   (301,000) 179,000
Accrued expenses   (602,000) 564,000
Accrued employee benefits   (427,000) (538,000)
Operating lease liability   (268,000) (234,000)
Net Cash Used In Operating Activities   (9,468,000) (8,333,000)
Cash Flows from Investing Activities      
Purchase of property and equipment   (16,000) (1,000)
Net Cash Used in Investing Activities   (16,000) (1,000)
Cash Flows from Financing Activities      
Tax credit receivable   1,798,000  
Proceeds from issuance of common stock   6,690,000  
Proceeds from issuance of common stock for warrant exercises   4,000  
Payment of loans payable   (67,000) (67,000)
Proceeds from issuance ATM offering, net of issuance costs     1,840,000
Proceeds from long term debt   1,458,000  
Net Cash provided by Financing Activities   9,883,000 1,773,000
Effects of exchange rate changes on cash and cash equivalents   62,000 (26,000)
Net increase (decrease) in cash and cash equivalents and restricted cash   461,000 (6,587,000)
Cash, cash equivalents and restricted cash at the beginning of this period   11,705,000 23,279,000
Cash, cash equivalents and restricted cash at the end of this period 16,692,000 12,166,000 16,692,000
Reconciliation of cash, cash equivalents, and restricted cash reported in the consolidated balance sheet      
Cash and cash equivalents 16,593,000 12,120,000 16,593,000
Restricted cash included in other long-term assets 99,000 46,000 99,000
Total cash, cash equivalents, and restricted cash shown in the statement of cash flows $ 16,692,000 $ 12,166,000 $ 16,692,000