XML 16 R5.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities:    
Net loss $ (16,857) $ (12,919)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of debt access fees 77 7
Amortization of debt discount 2 1
Unrealized loss/(gain) on securities 126 (137)
Stock-based compensation - consultants 103 9
Stock-based compensation - employees 3,260 2,830
Changes in operating assets and liabilities:    
Prepaid expenses 756 (435)
Other assets 4  
Accounts payable 1,756 (417)
Accrued liabilities (483) 84
Net cash used in operating activities (11,256) (10,977)
Financing activities:    
Long-term Debt 25,000 5,000
Long-term debt paid (5,000)  
Debt discount   (14)
Capitalized deferred issuance costs (175) (42)
Cash paid for taxes on restricted share release (166)  
Issuance of shares, options exercise 249 24
Net cash provided by financing activities 19,908 4,968
Decrease in cash and cash equivalents 8,652 (6,009)
Cash and cash equivalents - Beginning of period 21,100 30,344
Cash and cash equivalents - End of period 29,752 $ 24,335
Non-cash investing and financing activities:    
Financed insurance policy $ 441