Quarterly report pursuant to Section 13 or 15(d)

Statements of Cash Flows (Unaudited)

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Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash Flows from Operating Activities:    
Net loss $ (5,191) $ (16,693)
Stock-based compensation expenses 76 235
Depreciation expense 285 752
Amortization of debt discount 0 143
Amortization of operating lease right-of-use assets 411 106
Prepaid expenses and other assets 371 131
Accounts payable and accrued expenses 997 (2,311)
Payable and accrued expenses - related party 1,020 (165)
Lease liabilities (431) (42)
Net cash used in operating activities (5,321) (17,808)
Cash Flows from Investing Activities:    
Net cash from investing activities 0 0
Cash Flows from Financing Activities:    
Proceeds from exercise of warrants 1 0
Proceeds from issuance of common shares under ESPP 48 0
Net cash provided by financing activities 49 0
Net change in cash, cash equivalents and restricted cash (5,272) (17,808)
Cash, cash equivalents and restricted cash, beginning of the period 6,984 76,656
Cash, cash equivalents and restricted cash, end of the period 1,712 58,848
Supplemental disclosure of cash flow information:    
Cash paid for interest 0 1,024
Supplemental disclosure of noncash activities:    
Fixed assets (acquired but not paid) 0 18
Issuance of common shares - Founders Agreement 477 1,109
Related Party    
Cash Flows from Operating Activities:    
Other receivables 0 36
Non related party    
Cash Flows from Operating Activities:    
Other receivables $ (2,859) $ 0