Quarterly report pursuant to Section 13 or 15(d)

Statements of Stockholders' Equity (Unaudited)

v3.23.3
Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Class A Preferred Stock
Preferred Stock
Class A Preferred Stock
Class A Common Shares
Common Shares
Class A Common Shares
Common Shares
Common Shares
Common Shares
Common Stock Issuable
Additional Paid-in Capital
Accumulated Deficit
Total
Balances at Dec. 31, 2021         $ 9   $ 4,329 $ 359,906 $ (251,844) $ 112,400
Balances (in shares) at Dec. 31, 2021 250,000   845,385   6,238,866          
Issuance of common shares - Founders Agreement             (4,212) 4,212    
Issuance of common shares - Founders Agreement (in shares)         169,107          
Issuance of common shares, net of offering costs - At-the-Market Offering         $ 2     6,498   6,500
Issuance of common shares, net of offering costs - At-the-Market Offering (in shares)         525,206          
Issuance of common shares - Equity fee on At-the-Market Offering             (113) 279   166
Issuance of common shares - Equity fee on At-the-Market Offering (in shares)         16,084          
Issuance of common shares under ESPP               206   206
Issuance of common shares under ESPP (in shares)         22,056          
Stock-based compensation expenses               1,810   1,810
Stock-based compensation expenses (in shares)         60,204          
Issuance of common shares - Equity fee on RWG Debt               750   750
Issuance of common shares - Equity fee on RWG Debt (in shares)         63,662          
Issuance of warrants for RWG Debt               384   384
Net loss                 (57,891) (57,891)
Balances at Sep. 30, 2022         $ 11   4 374,045 (309,735) 64,325
Balances (in shares) at Sep. 30, 2022 250,000 250,000 845,385 845,385 7,095,185 7,095,185        
Balances at Jun. 30, 2022         $ 10   28 372,708 (290,738) 82,008
Balances (in shares) at Jun. 30, 2022   250,000   845,385   6,967,413        
Issuance of common shares, net of offering costs - At-the-Market Offering               709   709
Issuance of common shares, net of offering costs - At-the-Market Offering (in shares)           75,001        
Issuance of common shares - Equity fee on At-the-Market Offering         1   (24) 42   19
Issuance of common shares - Equity fee on At-the-Market Offering (in shares)           4,179        
Issuance of common shares under ESPP               90   90
Issuance of common shares under ESPP (in shares)           11,570        
Stock-based compensation expenses               496   496
Stock-based compensation expenses (in shares)           37,022        
Net loss                 (18,997) (18,997)
Balances at Sep. 30, 2022         $ 11   4 374,045 (309,735) 64,325
Balances (in shares) at Sep. 30, 2022 250,000 250,000 845,385 845,385 7,095,185 7,095,185        
Balances at Dec. 31, 2022         $ 11   1,109 374,522 (329,369) 46,273
Balances (in shares) at Dec. 31, 2022 250,000   845,385   7,100,111          
Issuance of common shares - Founders Agreement             (1,109) 1,109    
Issuance of common shares - Founders Agreement (in shares)         187,134          
Issuance of common shares, net of offering costs - At-the-Market Offering               160   160
Issuance of common shares, net of offering costs - At-the-Market Offering (in shares)         51,880          
Issuance of common shares - Equity fee on At-the-Market Offering             4     4
Issuance of common shares under ESPP               178   $ 178
Issuance of common shares under ESPP (in shares)         47,511         86,578
Stock-based compensation expenses               380   $ 380
Stock-based compensation expenses (in shares)         65,919          
Fractional share adjsutment         (1,633)          
Exercise of warrants (in shares)         93          
Reverse Split (15:1)         $ (10)     10    
Net loss                 (42,986) (42,986)
Balances at Sep. 30, 2023         $ 1   4 376,359 (372,355) 4,009
Balances (in shares) at Sep. 30, 2023 250,000 250,000 845,385 845,385 7,451,015 7,451,015        
Balances at Jun. 30, 2023         $ 1     376,009 (362,297) 13,713
Balances (in shares) at Jun. 30, 2023   250,000   845,385   7,320,444        
Issuance of common shares, net of offering costs - At-the-Market Offering               160   160
Issuance of common shares, net of offering costs - At-the-Market Offering (in shares)           51,880        
Issuance of common shares - Equity fee on At-the-Market Offering             4     4
Issuance of common shares under ESPP               90   90
Issuance of common shares under ESPP (in shares)           34,869        
Stock-based compensation expenses               100   100
Stock-based compensation expenses (in shares)           43,822        
Net loss                 (10,058) (10,058)
Balances at Sep. 30, 2023         $ 1   $ 4 $ 376,359 $ (372,355) $ 4,009
Balances (in shares) at Sep. 30, 2023 250,000 250,000 845,385 845,385 7,451,015 7,451,015