Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows From Operating Activities:    
Net loss $ (16,764) $ (15,835)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 1,246 870
Depreciation & amortization expenses 387 327
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 137 (112)
Accounts payable and accrued expenses (566) (375)
Operating lease liabilities (254) (234)
Net Cash Used In Operating Activities (15,814) (15,359)
Cash Flows Used In Investing Activities:    
Purchase of property and equipment (133) (8)
Net Cash Used In Investing Activities (133) (8)
Cash Flows From Financing Activities:    
Payments on note payable (343)
Payments on finance leases (63) (58)
Sales of shares of common stock and pre-funded warrants, net of costs   54,705
Sales of shares of common stock, net of costs 34,477
Proceeds from exercise of stock options 6 6
Proceeds from exercise of pre-funded warrants 37
Net Cash Provided By Financing Activities 34,420 54,347
Net change in cash, cash equivalents, and restricted cash 18,473 38,980
Cash, cash equivalents, and restricted cash at beginning of period 63,999 9,693
Cash, cash equivalents, and restricted cash at end of period 82,472 48,673
Supplemental disclosure of cash flow information:    
Cash paid for interest on note payable 7
Cash paid for taxes
Supplemental disclosure of non-cash flow information:    
Deemed dividend for warrant down-round protection provision $ 1