v3.22.1
Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash Flows From Operating Activities    
Net loss $ (2,146) $ (210)
Adjustments to reconcile net loss to net cash used in operating activities    
Non-cash interest expense 0 69
Stock-based compensation expense 159 9
PPP loan forgiveness 0 (22)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (734) 0
Accounts payable and accrued expenses 382 (1)
Net cash used in operating activities (2,339) (155)
Cash Flows From Financing Activities    
Proceeds from sale of equity 348 0
Proceeds from issuance of convertible notes 0 215
Net cash provided by financing activities 348 215
Net increase (decrease) in cash (1,991) 60
Cash – Beginning of period 13,192 24
Cash – Ending of period 11,201 84
Supplemental Disclosures of Cash Flow Information:    
Taxes paid 0 0
Supplemental Disclosures of Non-cash Financing Activities:    
Issuance of common stock and warrants to settle accrued expenses $ 456 $ 0

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