v3.23.2
Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net loss $ (12,844) $ (8,028)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 188 170
Stock-based compensation 893 734
Non-cash lease expense 128 54
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (1,270) (181)
Accounts payable 822 363
Accrued compensation expenses (90)
Accrued expenses (343) 263
Net cash used in operating activities (12,516) (6,625)
Cash flows from investing activities:    
Purchases of property and equipment (81) (116)
Net cash used in investing activities (81) (116)
Cash flows from financing activities:    
Proceeds from SAFE note 8,000
Net proceeds from sale of common stock and exercise of warrants 7 13
Net cash provided by financing activities 7 8,013
Effect of exchange rate changes on cash and cash equivalents 0
Cash, cash equivalents and restricted cash:    
Net increase (decrease) (12,590) 1,272
Balance at beginning of period 46,442 2,178
Balance at end of period 33,852 3,450
Non-cash investing and financing activities:    
Establishment of operating right-of-use assets through operating lease obligations $ 20,755

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