Annual report pursuant to Section 13 and 15(d)

Basis of Presentation and Significant Accounting Policies (Tables)

Basis of Presentation and Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Reconciliation of Cash And Restricted Cash

The following table provides a reconciliation of cash and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows (in thousands):

	December 31, 2021		December 31, 2020
Cash	$	58,705	$	33,010
Restricted cash		50		50
Total cash and restricted cash shown in the statements of cash flows	$	58,755	$	33,060

Schedule of Reconciliation of Beginning and Ending Level 3 Liabilities

The Company has not transferred any financial instruments into or out of Level 3 classification during the years ended December 31, 2021 and 2020. A reconciliation of the beginning and ending Level 3 liabilities for is as follows (in thousands):

	2021			2020
	Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
	2021			2020
Balance, January 1,	$	61		$	7
Beginning balance	$	61		$	7
Change in fair value of warrants potentially settleable in cash (Note 10)		(49	)		54
Balance at December 31,	$	12		$	61
Ending balance	$	12		$	61

Schedule of Antidilutive Securities Excluded from Calculations of Net Loss Per Share

The following table sets forth the number of potential common shares excluded from the calculations of net loss per diluted share because their inclusion would be anti-dilutive (in thousands):

	2021		2020
	December 31,
	2021		2020
Outstanding options to purchase common stock		2,473		1,780
Warrants to purchase common stock		243		243
Total		2,716		2,023