Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating activities:    
Net loss $ (6,559) $ (5,485)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 92 68
Amortization of right of use assets 95 88
Stock-based compensation 297 226
Payments on operating lease liabilities (97) (87)
Change in fair value of derivative liabilities (10) 70
Changes in operating assets and liabilities:    
Accounts receivable 556 52
Prepaid expenses and other current assets 174 24
Deposits 15
Accounts payable and accrued expenses 1,058 641
Net cash used in operating activities (4,394) (4,388)
Investing activities:    
Purchases of property and equipment (40) (220)
Net cash used in investing activities (40) (220)
Financing activities:    
Payments on finance lease liabilities (19) (101)
Proceeds from sale of common stock, net of transaction costs 38,505 16,606
Net cash provided by financing activities 38,486 16,505
Net increase in cash and restricted cash 34,052 11,897
Cash and restricted cash at beginning of period 33,060 7,468
Cash and restricted cash at end of period $ 67,112 $ 19,365