v3.24.1.1.u2
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 $ (4,349) $ (7,602)
Reconciliation of net loss to net cash used in operating activities:    
Share based compensation 191 11
Loss on settlement of common stock warrant liabilities 574 (0)
Change in fair value of warrant liabilities 116 878
Issuance of Stock for Licenses Acquired 0 1,230
Common Stock, Issued to Fortress, Value 371 72
Issuance of Stock Under Founders Agreement (363) 0
Changes in operating assets and liabilities:    
Other receivables - related party 0 (13)
Prepaid expenses and other current assets (49) (61)
Accrued licenses acquired 0 3,000
Net cash used in operating activities (3,120) (1,573)
Cash flows from financing activities:    
Issuance of common stock and pre-funded warrants, net of offering costs - registered direct offering and private placement 0 3,101
Exercise of warrants 4,973 0
Warrant transaction costs (442) 0
Net cash provided by financing activities 4,531 3,101
Net change in cash and cash equivalents 1,411 1,528
Cash and cash equivalents, beginning of period 1,783 6,708
Cash and cash equivalents, end of period 3,194 8,236
Supplemental cash flow information:    
Unpaid research and development licenses acquired 0 3,000
Issuance of common shares - Founders Agreement 371 0
Related Party [Member]    
Changes in operating assets and liabilities:    
Accounts payable and accrued expenses 360 889
Nonrelated Party [Member]    
Changes in operating assets and liabilities:    
Accounts payable and accrued expenses $ 29 $ 23

Source

PDF HTML 10-Q Filing
ZIP XLS HTML XBRL