v3.24.1
Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash Flows From Operating Activities    
Net loss $ (14,639) $ (12,962)
Adjustments to reconcile net loss to net cash used in operating activities    
Stock-based compensation expense 3,208 1,120
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (191) 361
Accounts payable, accrued expenses and other current liabilities (471) 1,533
Net cash used in operating activities (12,093) (9,948)
Cash Flows From Investing Activities    
Purchase of property and equipment (256) 0
Net cash used in investing activities (256) 0
Cash Flows From Financing Activities    
Proceeds from sale of equity, net of issuance costs 24,764 348
Proceeds from exercise of stock options 214 2
Proceeds from exercise of warrants 16 0
Net cash provided by financing activities 24,994 350
Net increase (decrease) in cash and restricted cash 12,645 (9,598)
Cash, cash equivalents and restricted cash - beginning of the year 3,594 13,192
Cash, cash equivalents and restricted cash - at end of the year 16,239 3,594
Supplemental Disclosures of Cash Flow Information:    
Taxes paid 0 0
Interest paid 0 0
Supplemental Disclosures of Non-cash Flow Information:    
Issuance of common stock and warrants to settle accrued expenses 0 456
Reconciliation of cash, cash equivalents and restricted cash:    
Cash and cash equivalents 16,189 3,594
Restricted cash (included in other assets) 50 0
Total cash, cash equivalents and restricted cash $ 16,239 $ 3,594

Source

PDF HTML 10-K Filing
ZIP XLS HTML XBRL