Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Stockholders' (Deficit) Equity

v3.23.2
Condensed Statements of Stockholders' (Deficit) 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, 2021   $ 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       8,687   8,687
Issuance of common shares, net of offering costs - At-the-market offering (in Shares)   430,564        
Issuance of common shares - Founders Agreement     (6,598) 6,811   213
Issuance of common shares - Founders Agreement (in Shares)   222,905        
Stock-based compensation expense       1,504   1,504
Stock-based compensation expense (in Shares)   144,521        
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)   (64,857)        
Net loss         (30,990) (30,990)
Balances at Jun. 30, 2022   $ 1   238,313 (230,852) 7,462
Balances (in Shares) at Jun. 30, 2022 700,000 8,490,575        
Balances at Mar. 31, 2022   $ 1   236,925 (216,710) 20,216
Balances (in Shares) at Mar. 31, 2022 700,000 8,380,124        
Issuance of common shares, net of offering costs - At-the-market offering       642   642
Issuance of common shares, net of offering costs - At-the-market offering (in Shares)   56,371        
Issuance of common shares - Founders Agreement       17   17
Issuance of common shares - Founders Agreement (in Shares)   1,409        
Stock-based compensation expense       729   729
Stock-based compensation expense (in Shares)   52,671        
Net loss         (14,142) (14,142)
Balances at Jun. 30, 2022   $ 1   238,313 (230,852) 7,462
Balances (in Shares) at Jun. 30, 2022 700,000 8,490,575        
Balances at Dec. 31, 2022   $ 1 1,885 241,117 (262,486) (19,483)
Balances (in Shares) at Dec. 31, 2022 700,000 9,586,683        
Issuance of common shares, net of offering costs - Registered direct offering   $ 1   21,113   21,114
Issuance of common shares, net of offering costs - Registered direct offering (in Shares)   4,530,000        
Issuance of common shares - Founders Agreement     $ (1,885) 2,443   558
Issuance of common shares - Founders Agreement (in Shares)   528,527        
Stock-based compensation expense       1,536   1,536
Stock-based compensation expense (in Shares)   1,101,098        
Exercise of prefunded and common stock warrants (in shares)   1,492,085        
Net loss         (26,995) (26,995)
Balances at Jun. 30, 2023   $ 2   266,209 (289,481) (23,270)
Balances (in Shares) at Jun. 30, 2023 700,000 17,238,393        
Balances at Mar. 31, 2023   $ 1   250,780 (272,960) (22,179)
Balances (in Shares) at Mar. 31, 2023 700,000 13,201,070        
Issuance of common shares, net of offering costs - Registered direct offering   $ 1   14,460   14,461
Issuance of common shares, net of offering costs - Registered direct offering (in Shares)   3,350,000        
Issuance of common shares - Founders Agreement       402   402
Issuance of common shares - Founders Agreement (in Shares)   123,906        
Stock-based compensation expense       567   567
Stock-based compensation expense (in Shares)   104,148        
Exercise of prefunded and common stock warrants (in shares)   459,269        
Net loss         (16,521) (16,521)
Balances at Jun. 30, 2023   $ 2   $ 266,209 $ (289,481) $ (23,270)
Balances (in Shares) at Jun. 30, 2023 700,000 17,238,393