Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)

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STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) - 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       9,872   9,872
Issuance of common shares, net of offering costs - At-the-market offering (in Shares)   532,816        
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
Stock-based compensation expense       2,924   2,924
Stock-based compensation expense (in Shares)   143,571        
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        
Issuance of common shares, net of offering costs - Registered direct offering   $ 1   30,124   30,125
Issuance of common shares, net of offering costs - Registered direct offering (in Shares)   6,957,186        
Issuance of common shares - Founders Agreement     (1,885) 2,837   952
Issuance of common shares - Founders Agreement (in Shares)   767,567        
Common shares issuable - Founders Agreement     3,419     3,419
Stock-based compensation expense       2,897   2,897
Stock-based compensation expense (in Shares)   1,091,098        
Exercise of prefunded and common stock warrants, including inducement   $ 1   20,889   20,890
Exercise of prefunded and common stock warrants, including inducements (in shares)   8,639,501        
Net loss         (51,847) (51,847)
Balances at Dec. 31, 2023 $ 0 $ 3 $ 3,419 $ 297,864 $ (314,333) $ (13,047)
Balances (in Shares) at Dec. 31, 2023 700,000 27,042,035