Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net loss $ (3,261) $ (5,002)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 82 103
Stock-based milestone payment 50
Stock-based compensation 554 497
Other 2
Changes in operating assets and liabilities:    
Receivables 18 11
Inventory (176)
Prepaid expenses and other assets 76 (66)
Accounts payable (37) (363)
Deferred grant revenue (180) (130)
Other accrued liabilities (263) 343
Net cash used in operating activities (3,011) (4,731)
Cash flows from financing activities:    
Net proceeds from equity offering 4,980
Net proceeds from the exercises of common stock warrants 4
Net cash provided by financing activities 4,984
Net increase (decrease) in cash, cash equivalents and restricted cash (3,011) 253
Cash, cash equivalents and restricted cash at beginning of period 3,133 6,332
Cash, cash equivalents and restricted cash at end of period 122 6,585
Supplemental cash flow information:    
Reclassification of inventory to assets held for sale 105
Reclassification of property and equipment, net to assets held for sale 133
Reclassification of accrued liabilities to liabilities held for sale 236
Cash and cash equivalents 105 6,420
Restricted cash 17 165
Cash, cash equivalents and restricted cash shown in the condensed statements of cash flows $ 122 $ 6,585