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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net loss $ (31,934,000) $ (23,476,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 112,000 109,000
Stock-based compensation 3,415,000 2,772,000
Amortization of debt issuance costs 265,000 25,000
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable (234,000) (23,000)
(Increase) decrease in prepaid expenses and other current assets (867,000) 273,000
Decrease in other assets 400,000 207,000
Decrease in accounts payable and other liabilities (2,770,000) (3,308,000)
Net cash provided by (used in) operating activities (31,613,000) (23,421,000)
Cash and cash equivalents 26,001,000 59,520,000
Cash paid for interest 1,556,000 85,000
Issuance of Stock and Warrants for Services or Claims 0  
Adjustments to Additional Paid in Capital, Warrant Issued   698
Treasury Stock, Carrying Basis   6,321
Stock Issued During Period, Value, Treasury Stock Reissued 0 0
Business Exit Costs 0 1,500
Issuance of common stock under Equity Incentive Plans, value   864,000
Cash flows from investing activities:    
Purchases of property and equipment (248,000) (76,000)
Purchases of investments (28,864,000) (17,816,000)
Maturities of investments 41,205,000 13,484,000
Net cash (used in) provided by investing activities 12,093,000 (4,408,000)
Cash flows from financing activities:    
Repurchase of common stock (824,000) (864,000)
Proceeds from debt borrowings, net of fees 0 24,148,000
Net cash used in financing activities (824,000) 23,284,000
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (20,344,000) (4,545,000)
Cash and cash equivalents at beginning of period 46,345,000 64,065,000
Cash and cash equivalents at end of period 26,001,000 59,520,000
Supplemental disclosure of cash flow information:    
Cash paid for interest $ 1,556,000 $ 85,000