v3.22.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net loss $ (2,762) $ (9,366)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 54 48
Common shares issued to vendor for services 43 99
Amortization of right of use asset 63 47
Stock-based compensation 98 6,020
Change in operating assets and liabilities:    
Accounts receivable, net (30) 19
Research & development tax credit receivable (284) (248)
Prepaid expenses and other current assets (471) (963)
Accounts payable and accrued expenses (240) 659
Lease liabilities (40) (55)
Other assets   (1)
Net cash used in operating activities (3,569) (3,741)
Cash flows from investing activities:    
Purchases of property, plant and equipment (41)  
Net cash used by investing activities (41)  
Cash flows from financing activities:    
Proceeds from term loan payable   739
Repayment of term loan payable   (739)
Proceeds from the issuance of common stock and warrants in private placement   24,638
Proceeds from the issuance of common stock in private placement 2,000  
Payment of issuance costs (160) (2,454)
Proceeds from the exercise of stock options   20
Net cash provided by financing activities 1,840 22,204
Effect of exchange rate changes on cash 191 7
Net change in cash (1,579) 18,470
Cash, beginning of period 12,226 764
Cash, end of period $ 10,647 19,234
Supplemental disclosure of cash and non-cash investing and financing activities    
Cash paid for interest   $ 19

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