Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF STOCKHOLDERS' EQUITY

v3.23.1
STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Shares
Class A Common Shares
Common Shares
Common Shares Issuable
Additional Paid-in Capital
Accumulated Deficit
Total
Balances at Dec. 31, 2020 $ 0 $ 1 $ 4,617 $ 173,953 $ (143,192) $ 35,379
Balances (in Shares) at Dec. 31, 2020 700,000 6,242,043        
Issuance of common shares, net of offering costs - At-the-market offering       40,269   40,269
Issuance of common shares, net of offering costs - At-the-market offering (in Shares)   1,189,999        
Stock-based compensation expense       3,137   3,137
Stock-based compensation expense (in Shares)   121,335        
Issuance of common shares - Founders Agreement     (4,617) 5,650   1,033
Issuance of common shares - Founders Agreement (in Shares)   203,994        
Common shares issuable - Founders Agreement     6,598     6,598
Exercise of warrants (in Shares)   69        
Net loss         (56,670) (56,670)
Balances at Dec. 31, 2021 $ 0 $ 1 6,598 223,009 (199,862) 29,746
Balances (in Shares) at Dec. 31, 2021 700,000 7,757,440        
Issuance of common shares, net of offering costs - At-the-market offering       9,872   9,872
Issuance of common shares, net of offering costs - At-the-market offering (in Shares)   532,816        
Stock-based compensation expense       2,924   2,924
Stock-based compensation expense (in Shares)   143,571        
Issuance of common shares, net of offering costs - Registered direct offering (in Shares)   950,000        
Issuance of common shares - Founders Agreement     (6,598) 7,016   418
Issuance of common shares - Founders Agreement (in Shares)   268,813        
Common shares issuable - Founders Agreement     1,885     1,885
Net settlement of shares withheld for payment of employee taxes       (1,698)   (1,698)
Net settlement of shares withheld for payment of employee taxes (in shares)   (64,856)        
Fractional share adjustment       (6)   (6)
Fractional share adjustment (in shares)   (1,101)        
Net loss         (62,624) (62,624)
Balances at Dec. 31, 2022 $ 0 $ 1 $ 1,885 $ 241,117 $ (262,486) $ (19,483)
Balances (in Shares) at Dec. 31, 2022 700,000 9,586,683