v3.24.3
Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net loss $ (17,436) $ (19,626)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 311 259
Stock-based compensation 1,208 1,404
Non-cash lease expense 216 829
Fixed assets write-off 34
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 575 (3,286)
Accounts payable 274 718
Accrued compensation expenses (25) 18
Accrued expenses (131) (534)
Net cash used in operating activities (14,974) (20,218)
Cash flows from investing activities:    
Purchases of property and equipment (260) (144)
Net cash used in investing activities (260) (144)
Cash flows from financing activities:    
Net proceeds from exercise of options 110
Proceeds from issuance of common stock and warrants in connection with securities purchase agreement, net of issuance costs 13,687
Proceeds from issuance of common stock in connection with the At-the-Market offering, net of issuance costs 160
Net proceeds from insurance premium loan 379
Net cash provided by financing activities 14,226 110
Effect of exchange rate changes on cash and cash equivalents (3)
Cash, cash equivalents and restricted cash:    
Net decrease (1,008) (20,255)
Balance at beginning of period 21,992 46,442
Balance at end of period 20,984 26,187
Cash paid during the period for:    
Income taxes 2
Non-cash investing and financing activities:    
Establishment of operating right-of-use assets through operating lease obligations $ 20,755

Source

PDF HTML
ZIP XLS XBRL