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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net loss $ (12,669) $ (13,266)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 0 113
Non-cash lease cost 254 236
Share-based compensation 2,023 2,170
Changes in operating assets and liabilities:    
Collaboration receivable, current and non-current - related party 23,333 0
Other receivables (3,472) (781)
Prepaid expenses and other current assets 510 (164)
Other assets 1 0
Accounts payable 1,688 (34)
Accrued expenses and other current liabilities (1,177) (111)
Deferred revenue, current and non-current (141) (224)
Deferred revenue - related party, current and non-current (4,064) (516)
Other long-term liabilities (49) (11)
Operating lease liability (299) (265)
Net cash provided by (used in) operating activities 5,938 (12,853)
Cash flows from investing activities:    
Net decrease in cash and cash equivalents: 5,938 (12,853)
Cash, cash equivalents and restricted cash at beginning of period 76,333 109,107
Cash, cash equivalents and restricted cash at end of period $ 82,271 $ 96,254