Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows Used in Operating Activities:    
Net loss $ (5,522) $ (15,938)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 11 8,874
Depreciation expense 29 47
Amortization of right-of-use assets 191 158
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 254 470
Accounts payable and accrued expenses (661) (1,047)
Operating lease liabilities (172) (138)
Net Cash Used in Operating Activities (5,870) (7,574)
Cash Flows Used in Investing Activities:    
Purchase of property and equipment (2)
Net Cash Used in Investing Activities (2)
Cash Flows Used in Financing Activities:    
Payments on finance leases (3) (2)
Net Cash Used in Financing Activities (3) (2)
Effect of foreign currency rates on cash 11
Net Change in Cash, Cash Equivalents and Restricted Cash (5,864) (7,576)
Cash, cash equivalents and restricted cash at beginning of year 48,333 73,228
Cash, Cash Equivalents and Restricted Cash at End of Period $ 42,469 $ 65,652