Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Stockholders' (Deficit) Equity

v3.23.3
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 $ 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 $ 0     9,695   9,695
Issuance of common shares, net of offering costs - At-the-market offering (in Shares)   515,792        
Issuance of common shares - Founders Agreement 0   (6,598) 6,837   239
Issuance of common shares - Founders Agreement (in Shares)   225,035        
Stock-based compensation expense 0     2,285   2,285
Stock-based compensation expense (in Shares)   151,022        
Net settlement of shares withheld for payment of employee taxes 0     (1,698)   (1,698)
Net settlement of shares withheld for payment of employee taxes (in shares)   (64,857)        
Net loss 0       (41,602) (41,602)
Balances at Sep. 30, 2022 $ 0 $ 1   240,128 (241,464) (1,335)
Balances (in Shares) at Sep. 30, 2022 700,000 8,584,432        
Balances at Jun. 30, 2022   $ 1   238,313 (230,852) 7,462
Balances (in Shares) at Jun. 30, 2022 700,000 8,490,575        
Issuance of common shares, net of offering costs - At-the-market offering       1,008   1,008
Issuance of common shares, net of offering costs - At-the-market offering (in Shares)   85,227        
Issuance of common shares - Founders Agreement       26   26
Issuance of common shares - Founders Agreement (in Shares)   2,130        
Stock-based compensation expense       781   781
Stock-based compensation expense (in Shares)   6,500        
Net loss         (10,612) (10,612)
Balances at Sep. 30, 2022 $ 0 $ 1   240,128 (241,464) (1,335)
Balances (in Shares) at Sep. 30, 2022 700,000 8,584,432        
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   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) 2,694   809
Issuance of common shares - Founders Agreement (in Shares)   609,433        
Stock-based compensation expense       2,225   2,225
Stock-based compensation expense (in Shares)   1,101,098        
Exercise of prefunded and common stock warrants (in shares)   3,448,147        
Net loss         (32,719) (32,719)
Balances at Sep. 30, 2023   $ 2   276,160 (295,205) (19,043)
Balances (in Shares) at Sep. 30, 2023 700,000 21,702,547        
Balances at Jun. 30, 2023   $ 2   266,209 (289,481) (23,270)
Balances (in Shares) at Jun. 30, 2023 700,000 17,238,393        
Issuance of common shares, net of offering costs - Registered direct offering       9,011   9,011
Issuance of common shares, net of offering costs - Registered direct offering (in Shares)   2,427,186        
Issuance of common shares - Founders Agreement       251   251
Issuance of common shares - Founders Agreement (in Shares)   80,906        
Stock-based compensation expense       689   689
Exercise of prefunded and common stock warrants (in shares)   1,956,062        
Net loss         (5,724) (5,724)
Balances at Sep. 30, 2023   $ 2   $ 276,160 $ (295,205) $ (19,043)
Balances (in Shares) at Sep. 30, 2023 700,000 21,702,547