Quarterly report pursuant to Section 13 or 15(d)

Statements of Stockholders' Equity (Unaudited)

v3.23.2
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         $ 1     5,789   5,790
Issuance of common shares, net of offering costs - At-the-Market Offering (in shares)         450,206          
Issuance of common shares - Equity fee on At-the-Market Offering             (89) 237   148
Issuance of common shares - Equity fee on At-the-Market Offering (in shares)         11,905          
Issuance of common shares under ESPP               116   116
Issuance of common shares under ESPP (in shares)         10,485          
Stock-based compensation expenses               1,314   1,314
Stock-based compensation expenses (in shares)         23,182          
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                 (38,894) (38,894)
Balances at Jun. 30, 2022         $ 10   28 372,708 (290,738) 82,008
Balances (in shares) at Jun. 30, 2022 250,000 250,000 845,385 845,385 6,967,413 6,967,413        
Balances at Mar. 31, 2022         $ 10   27 368,933 (271,639) 97,331
Balances (in shares) at Mar. 31, 2022   250,000   845,385   6,685,856        
Issuance of common shares, net of offering costs - At-the-Market Offering               3,051   3,051
Issuance of common shares, net of offering costs - At-the-Market Offering (in shares)           265,286        
Issuance of common shares - Equity fee on At-the-Market Offering             1 74   75
Issuance of common shares - Equity fee on At-the-Market Offering (in shares)           5,614        
Stock-based compensation expenses               650   650
Stock-based compensation expenses (in shares)           10,657        
Net loss                 (19,099) (19,099)
Balances at Jun. 30, 2022         $ 10   28 372,708 (290,738) 82,008
Balances (in shares) at Jun. 30, 2022 250,000 250,000 845,385 845,385 6,967,413 6,967,413        
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 under ESPP               88   $ 88
Issuance of common shares under ESPP (in shares)         12,642         51,709
Stock-based compensation expenses               280   $ 280
Stock-based compensation expenses (in shares)         22,097          
Fractional share adjsutment         (1,633)          
Exercise of warrants (in shares)         93          
Reverse Split (15:1)         $ (10)     10    
Net loss                 (32,928) (32,928)
Balances at Jun. 30, 2023         $ 1     376,009 (362,297) 13,713
Balances (in shares) at Jun. 30, 2023 250,000 250,000 845,385 845,385 7,320,444 7,320,444        
Balances at Mar. 31, 2023         $ 1     375,876 (346,062) 29,815
Balances (in shares) at Mar. 31, 2023   250,000   845,385   7,293,242        
Issuance of common shares under ESPP               88   88
Issuance of common shares under ESPP (in shares)           12,642        
Stock-based compensation expenses               45   45
Stock-based compensation expenses (in shares)           16,193        
Fractional share adjsutment           (1,633)        
Net loss                 (16,235) (16,235)
Balances at Jun. 30, 2023         $ 1     $ 376,009 $ (362,297) $ 13,713
Balances (in shares) at Jun. 30, 2023 250,000 250,000 845,385 845,385 7,320,444 7,320,444