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, 2023
Accounting Policies [Abstract]  
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, 2023     December 31, 2022  
Cash   $ 26,353     $ 37,144  
Restricted cash     75       75  
Total cash and restricted cash shown in the statements of cash flows   $ 26,428     $ 37,219  
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, 2023 and 2022. A reconciliation of the beginning and ending Level 3 liabilities for is as follows (in thousands):



Fair Value Measurements Using

Significant Unobservable Inputs

(Level 3)

    2023     2022  
Balance, January 1,   $ -     $ 12  
Change in fair value of warrants potentially settleable in cash (Note 9)     -       (12 )
Balance at December 31,   $ -     $ -  
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):


    December 31,  
    2023     2022  
Outstanding options to purchase common stock     558       350  
Warrants to purchase common stock     11       13  
Total     569       363