Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net loss $ (8,689) $ (11,321)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 88 98
Stock-based compensation 838 805
Change in fair value of warrant liability (2,750) 1,254
Operating lease, net 109 95
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (305) (266)
Accounts payable 376 (235)
Accrued expenses and other current liabilities (72) 295
Net cash used in operating activities (10,405) (9,275)
Cash flows from investing activities:    
Purchase of fixed assets 0 (20)
Net cash used in investing activities 0 (20)
Cash flows from financing activities:    
Proceeds from exercise of warrants 63 5
Proceeds from sale of common stock, net of issuance costs 74,685 15,298
Net cash provided by financing activities 74,748 15,303
Effect of exchange rate changes on cash and cash equivalents (10) (9)
Net change in cash and cash equivalents 64,333 5,999
Cash and cash equivalents, at beginning of period 15,173 10,735
Cash and cash equivalents, at end of period 79,506 16,734
Supplemental disclosures of cash flow information:    
Cash paid for taxes 7 15
Non-cash investing and financing activities:    
Purchases of property and equipment in accounts payable and accrued liabilities $ 0 $ 21