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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating activities:    
Net loss $ (69,045) $ (36,917)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 972 892
Stock-based compensation expense 938 3,105
Change in fair value of convertible debt 21,845  
Non-cash interest expense 2,573  
Non-cash interest income (22)  
Loss on convertible debt extinguishment 3,863  
Change in right-of-use asset 1,018  
Loss from disposal of property and equipment 81  
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 4,826 (7,662)
Accounts payable and accrued liabilities 39 3,665
Accrued compensation (1,060) 793
Operating lease liability (13,451) 3,643
Net cash used in operating activities (47,423) (32,481)
Investing activities:    
Purchases of property and equipment (8,144) (2,211)
Proceeds from sale of property and equipment 10  
Net cash used in investing activities (8,134) (2,211)
Financing activities:    
Proceeds from issuance of convertible debt, net of issuance costs 29,101  
Proceeds from issuance of long-term debt, net of issuance costs 24,925  
Payment of deferred offering costs   (500)
Proceeds from sale of common stock, net of offering costs   44,391
Payments for taxes related to net share settlement of equity awards (43)  
Proceeds from exercise of stock options 5 125
Net cash provided by financing activities 53,988 44,016
Net (decrease) increase in cash, cash equivalents and restricted cash (1,569) 9,324
Cash, cash equivalents and restricted cash, beginning of period 20,812 11,488
Cash, cash equivalents and restricted cash, end of period 19,243 20,812
Supplemental disclosure of cash flow information:    
Right-of-use asset obtained in exchange for operating lease liability 2,700 8,669
Property and equipment included in accounts payable $ 217 $ 78