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Note 7 - Loan Payable (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Schedule of Debt [Table Text Block]

 

December 31,

  

December 31,

 

(in thousands)

 

2023

  

2022

 

Loan payable

 $95,000  $70,000 

Add: Accreted Liability of final payment fee

  10,230   6,667 

  105,230   76,667 

Less: unamortized debt issuance costs

  (5,112)  (5,532)

  100,118   71,135 

Less: principal payments

      

Total loan payable

  100,118   71,135 

Less: current portion

      

Loan payable non-current

 $100,118  $71,135 
Warrant [Member]  
Notes Tables  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

 

The First Amendment

  

The Amended Loan Agreement

  

The Loan Agreement

 

Exercise price

 $14.70  $17.95  $4.08 

Common share price on date of issuance

 $15.04  $19.35  $6.80 

Volatility

  0.88%  184.40%  195.90%

Risk-free interest rate

  3.6%  1.4%  2.6%

Expected dividend yield

  %  %  %

Contractual term (in years)

  7.00   7.00   7.00