XML 21 R2.htm IDEA: XBRL DOCUMENT v3.24.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 39,230 $ 31,230
Insurance recovery of legal settlement   450
Prepaid expenses and other current assets 1,133 1,270
Total current assets 40,363 32,950
Property and equipment—net 840 1,060
Operating lease right-of-use assets 9,952 11,650
Other noncurrent assets 448 429
Total assets 51,603 46,089
Current liabilities:    
Accounts payable 845 1,108
Accrued legal settlement   450
Accrued expenses 1,673 2,961
Current loan payable (net of discount and issuance costs of $112 and nil, respectively) 4,285  
Current operating lease liabilities 952 1,413
Accrued compensation 1,543 1,248
Interest payable 113 97
Total current liabilities 9,411 7,277
Loan payable (net of discount and issuance costs of $454 and $756, respectively) 6,264 10,371
Operating lease liabilities, less current portion 9,160 10,330
Total liabilities 24,835 27,978
Commitments and contingencies (Note 5)
Stockholders' equity:    
Common stock, $0.001 par value; 100,000,000 shares authorized; 22,045,255 and 10,518,539 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively 22 11
Additional paid-in capital 192,009 153,872
Accumulated deficit (165,263) (135,772)
Total stockholders' equity 26,768 18,111
Total liabilities and stockholders' equity $ 51,603 $ 46,089