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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating activities:    
Net loss $ (25,021) $ (14,490)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 317 230
Stock-based compensation expense 534 857
Change in fair value of convertible debt 13,025 3,162
Non-cash interest expense 1,815  
Non-cash interest income (26)  
Change in right-of-use asset 464  
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 1,797 (1,418)
Accounts payable and accrued liabilities (1,488) (1,342)
Accrued compensation 180 (905)
Operating lease liability (2,181) (3,664)
Net cash used in operating activities (10,584) (17,570)
Investing activities:    
Purchases of property and equipment (250) (2,010)
Net cash used in investing activities (250) (2,010)
Financing activities:    
Proceeds from issuance of convertible debt, net of issuance costs   29,594
Proceeds from issuance of long-term debt, net of issuance costs 34,889  
Proceeds from exercise of stock options 42  
Net cash provided by financing activities 34,931 29,594
Net increase in cash and restricted cash 24,097 10,014
Cash and restricted cash, beginning of period 19,243 20,812
Cash and restricted cash, end of period 43,340 30,826
Supplemental disclosure of cash flow information:    
Property and equipment included in accounts payable 425 40
Unpaid debt issuance costs $ 26 $ 268