Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDER'S EQUITY

v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDER'S EQUITY - USD ($)
$ in Thousands
Total
Private Placement
Common Stock
Common Stock
Private Placement
Additional Paid-In Capital
Additional Paid-In Capital
Private Placement
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Balance at Dec. 31, 2021 $ 85,218   $ 6   $ 548,870   $ (79) $ (463,579)
Balance (in shares) at Dec. 31, 2021     6,202,403          
Exercise of stock options 1       1      
Exercise of stock options, Shares     3,770          
Vesting of restricted stock units 1   $ 1          
Vesting of restricted stock units, Shares     83,569          
Issuance of shares under Employee Stock Purchase Plan 108       108      
Issuance of shares under Employee Stock Purchase Plan, Shares     13,293          
Issuance of common stock, net of issuance cost   $ 60,112   $ 6   $ 60,106    
Issuance of common stock, net of issuance costs, Shares       6,387,173        
Stock-based compensation expense 8,507       8,507      
Issuance of shares in merger, net of issuance cost 65,332   $ 7   65,325      
Issuance of shares in merger, net of issuance cost, shares     7,546,014          
Redemption of fractional shares due to reverse stock split (81)       (81)      
Redemption of fractional shares due to reverse stock split, shares     (10,870)          
Other comprehensive gain (loss) (147)           (147)  
Net loss (89,880)             (89,880)
Balance at Sep. 30, 2022 129,171   $ 20   682,836   (226) (553,459)
Balance (in shares) at Sep. 30, 2022     20,225,352          
Balance at Jun. 30, 2022 31,019   $ 7   554,531   (313) (523,206)
Balance (in shares) at Jun. 30, 2022     6,298,898          
Vesting of restricted stock units, Shares     4,137          
Issuance of common stock, net of issuance cost   $ 60,112   $ 6   $ 60,106    
Issuance of common stock, net of issuance costs, Shares       6,387,173        
Stock-based compensation expense 2,955       2,955      
Issuance of shares in merger, net of issuance cost 65,332   $ 7   65,325      
Issuance of shares in merger, net of issuance cost, shares     7,546,014          
Redemption of fractional shares due to reverse stock split (81)       (81)      
Redemption of fractional shares due to reverse stock split, shares     (10,870)          
Other comprehensive gain (loss) 87           87  
Net loss (30,253)             (30,253)
Balance at Sep. 30, 2022 129,171   $ 20   682,836   (226) (553,459)
Balance (in shares) at Sep. 30, 2022     20,225,352          
Balance at Dec. 31, 2022 $ 127,736   $ 20   685,847   102 (558,233)
Balance (in shares) at Dec. 31, 2022 20,263,116   20,263,116          
Vesting of restricted stock units     $ 1   (1)      
Vesting of restricted stock units, Shares     132,418          
Exercise of prefunded warrants, Shares     246,831          
Issuance of restricted stock awards     24,000          
Issuance of shares under Employee Stock Purchase Plan $ 144       144      
Issuance of shares under Employee Stock Purchase Plan, Shares     54,082          
Stock-based compensation expense 8,714       8,714      
Other comprehensive gain (loss) (102)           (102)  
Net loss (100,190)             (100,190)
Balance at Sep. 30, 2023 $ 36,302   $ 21   694,704     (658,423)
Balance (in shares) at Sep. 30, 2023 20,720,447   20,720,447          
Balance at Jun. 30, 2023 $ 73,239   $ 20   691,450   49 (618,280)
Balance (in shares) at Jun. 30, 2023     20,708,356          
Vesting of restricted stock units     $ 1   (1)      
Vesting of restricted stock units, Shares     12,091          
Stock-based compensation expense 3,255       3,255      
Other comprehensive gain (loss) (49)           $ (49)  
Net loss (40,143)             (40,143)
Balance at Sep. 30, 2023 $ 36,302   $ 21   $ 694,704     $ (658,423)
Balance (in shares) at Sep. 30, 2023 20,720,447   20,720,447