Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.24.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows Used In Operating Activities:    
Net loss $ (31,591) $ (39,494)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 4,089 2,915
Depreciation & amortization expenses 607 591
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 726 (982)
Accounts payable and accrued expenses (758) (1,981)
Operating lease right-of-use assets (527)
Operating lease liabilities (394) (367)
Net Cash Used In Operating Activities (27,321) (39,845)
Cash Flows Used In Investing Activities:    
Purchase of property and equipment (11) (153)
Net Cash Used In Investing Activities (11) (153)
Cash Flows Provided By Financing Activities:    
Payments on finance leases (7) (3)
Sales of shares of common stock, net of costs 29,256 13,419
Proceeds from the exercise of stock options 75 262
Net Cash Provided By Financing Activities 29,324 13,678
Net change in cash, cash equivalents, and restricted cash 1,992 (26,320)
Cash, cash equivalents, and restricted cash at beginning of period 76,990 109,608
Cash, cash equivalents, and restricted cash at end of period 78,982 83,288
Supplemental disclosure of cash flow information:    
Cash paid for interest
Cash paid for income taxes