Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash Flows From Operating Activities:    
Net loss $ (12,896) $ (10,341)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 846 835
Depreciation 317 254
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (47) 106
Payment of security deposit (299)
Accounts payable and accrued expenses 232 (913)
Other revenue deferred– current liability (794)
Long-term license revenue deferred 35,000
Operating lease liabilities (222) (167)
Net Cash Provided By/Used In Operating Activities 22,137 (10,226)
Purchase of property and equipment (277) (65)
Net Cash Used In Investing Activities (277) (65)
Payments on finance leases (45) (42)
Sales of shares of common stock, net of costs 16,686 28,680
Proceeds from exercise of stock options 6
Net Cash Provided By Financing Activities 16,641 28,644
Net change in cash, cash equivalents, and restricted cash 38,501 18,353
Cash, cash equivalents, and restricted cash at beginning of period 78,221 63,999
Cash, cash equivalents, and restricted cash at end of period 116,722 82,352
Supplemental disclosure of cash flow information:    
Cash paid for interest
Cash paid for income taxes