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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net loss $ (6,230) $ (11,620)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 597 922
Depreciation 15 21
Amortization of operating lease right-of-use asset 171 177
Amortization of debt discount 120 124
Change in fair value of derivative liabilities 13 270
Loss on extinguishment of debt 406 0
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (577) (1,169)
Accounts payable (586) 1,525
Accrued expenses (569) 434
Operating lease liabilities (174) (175)
Net cash used in operating activities (6,814) (9,491)
Cash flows from investing activities:    
Proceeds from sale of property and equipment 11 0
Purchases of property and equipment 0 (11)
Net cash (used in) provided by investing activities 11 (11)
Cash flows from financing activities:    
Repayment of term loan principal (7,500) 0
Proceeds from advances from collaboration partners 0 7,000
Net cash (used in) provided by financing activities (7,500) 7,000
Decrease in cash, cash equivalents and restricted cash (14,303) (2,502)
Cash, cash equivalents and restricted cash at the beginning of the period 19,468 42,567
Cash, cash equivalents and restricted cash at the end of the period 5,165 40,065
Reconciliation of cash, cash equivalents and restricted cash to condensed consolidated balance sheets:    
Cash and cash equivalents 4,904 39,768
Restricted cash 261 297
Total cash, cash equivalents and restricted cash 5,165 40,065
Supplemental disclosure of cash flow activities:    
Cash paid for interest $ 430 $ 297