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Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2021
Financial Instruments  
Schedule of assets and liabilities measured fair value on recurring basis

As of December 31, 2021

Quoted Prices

Significant

Significant

in Active

Observable

Unobservable

Markets

Inputs

Inputs

    

(Level 1)

    

(Level 2)

    

(Level 3)

    

Total

Assets:

Cash and cash equivalents:

Money market funds

$

1,853

$

$

$

1,853

Reverse repurchase agreements

Short-term investments:

Reverse repurchase agreements

39,000

39,000

Total

$

1,853

$

39,000

$

$

40,853

As of December 31, 2020

Quoted Prices

Significant

Significant

in Active

Observable

Unobservable

Markets

Inputs

Inputs

    

(Level 1)

    

(Level 2)

    

(Level 3)

    

Total

Assets:

Cash and cash equivalents:

Money market funds

$

22,999

$

$

$

22,999

Short-term investments:

Reverse repurchase agreements

20,000

20,000

Total assets

$

22,999

$

20,000

$

$

42,999

Summary of warrant liability was valued based on significant inputs not observable in the market, which represents a Level 3

    

December 31, 2021

Balance at beginning of year

$

Issuance of warrants

 

4,332

(Decrease) increase in the fair value of the warrants

 

(864)

Reclassification of warrant liability to additional paid in-capital

 

(3,468)

Ending balance

$

Schedule of fair value of the warrants

Year Ended December 31,

    

2021

Weighted-average expected volatility

 

89.1-89.3

%

Expected term (in years)

 

9.54-9.88

Risk-free interest rate

 

1.064-1.725

%

Expected dividend yield

 

0

%