v3.25.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flow from operating activities:    
Net loss $ (2,134) $ (1,696)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 56 63
Stock-based compensation expense 250 129
Issuance of common stock to vendor 85 53
Right-of-use asset amortization 68 60
Gain/(loss) on foreign currency transactions (1,063) 19
Change in fair value of the warrant liability   (753)
Change in operating assets and liabilities:    
Accounts receivable   267
Research and development tax credit receivable (126) (202)
Prepaid expenses and other assets (222) (264)
Accounts payable and accrued expenses (393) 822
Lease liabilities (29) (69)
Other current liabilities 170  
Net cash used in operating activities (3,338) (1,571)
Effect of exchange rate changes on cash 78 (14)
Net change in cash (3,260) (1,585)
Cash, beginning of period 7,141 8,836
Cash, end of period 3,881 7,251
Supplemental disclosure of cash and non-cash investing and financing activities    
Issuance of common shares for consulting services $ 85 $ 53

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