Quarterly report [Sections 13 or 15(d)]

Description of Business and Summary of Significant Accounting Policies (Tables)

v3.25.1
Description of Business and Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2025
Description of Business and Summary of Significant Accounting Policies [Abstract]  
Schedule of Cash, Cash Equivalents and Restricted Cash

The following is a summary of cash, cash equivalents and restricted cash at March 31, 2025 and December 31, 2024:

 

(in thousands)   March 31,
2025
    December 31,
2024
 
Cash and cash equivalents   $ 65,325     $ 72,904  
Restricted cash – long-term     327       324  
Cash, cash equivalents and restricted cash   $ 65,652     $ 73,228  
Schedule of Diluted Net Loss Per Share For the three months ended March 31, 2025 and 2024, the Company’s potentially dilutive shares, which include outstanding common stock options, restricted stock units and warrants, have not been included in the computation of diluted net loss per share as the result would have been anti-dilutive.
(in thousands)   March 31, 2025     March 31, 2024  
Stock Options     271       5,421  
Restricted Stock Units     300       305  
Warrants     7       1,439  
Total     578       7,165