v3.22.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands |
6 Months Ended |
|
|
Operating Activities: |
|
|
Net loss |
$ (18,041)
|
$ (19,310)
|
Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
Depreciation and amortization [note 4] |
116
|
127
|
Stock-based compensation [note 8[c], note 8[e], note 8[f] and note 8[g]] |
1,663
|
1,163
|
Shares issued as settlement with trade vendor |
26
|
41
|
Accrued interest on SVB convertible debt [note 7] |
560
|
|
Changes in operating assets and liabilities: |
|
|
Grant receivable [note 3] |
(160)
|
|
Prepaid expenses and other assets |
(99)
|
702
|
Accounts payable |
(185)
|
243
|
Accrued liabilities other |
165
|
(391)
|
Accrued clinical liabilities |
1,694
|
2,585
|
Accrued compensation |
(837)
|
(680)
|
Lease obligation [note 9] |
(1)
|
(8)
|
Net cash used in operating activities |
(15,099)
|
(15,528)
|
Financing Activities: |
|
|
Proceeds from exercise of warrants |
24
|
331
|
Proceeds from ATM, net of issuance costs [note 8[b]] |
1,499
|
|
Financing costs relating to convertible debt with SVB [note 7] |
(20)
|
|
Taxes paid related to net share settlement of equity awards |
(47)
|
|
Net cash provided by financing activities |
1,456
|
21,674
|
Effect of exchange rate changes on cash |
(1)
|
2
|
Net decrease in cash, cash equivalents and restricted cash |
(13,644)
|
6,148
|
Cash, cash equivalents and restricted cash at beginning of the period |
43,072
|
35,903
|
Cash, cash equivalents and restricted cash at end of the period |
$ 29,428
|
42,051
|
May 2021 Public Offering [Member] |
|
|
Financing Activities: |
|
|
Proceeds from the May 2021 public offering, net of issuance costs |
|
$ 21,343
|
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