v3.25.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flow from operating activities:    
Net loss $ (4,534) $ (4,795)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 113 125
Stock-based compensation expense 510 336
Issuance of common stock to vendor 375 101
Right-of-use asset amortization 124 125
Gain / (loss) on foreign currency transactions (3,165) 279
Change in fair value of the warrant liability   (672)
Change in operating assets and liabilities:    
Accounts receivable   255
Research and development tax credit receivable (259) (361)
Prepaid expenses and other assets (523) (368)
Other non-current assets   1
Accounts payable and accrued expenses 1,154 682
Lease liabilities (88) (90)
Other current liabilities 172 (20)
Net cash used in operating activities (6,121) (4,402)
Cash flow from financing activities:    
Proceeds from the exercise of warrants   3
Net cash provided by financing activities   3
Effect of exchange rate changes on cash 132 (86)
Net change in cash (5,989) (4,485)
Cash, beginning of period 7,141 8,836
Cash, end of period 1,152 4,351
Supplemental disclosure of cash and non-cash investing and financing activities    
Issuance of common shares for consulting services 375 53
Right-of-use asset and lease liability additions $ 653 $ 55

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