Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 37,067 $ 62,099
Restricted cash 960 996
Short-term deposits 3,500
Other current assets 1,003 3,543
Total current assets 42,530 66,638
Property and equipment, net 5,034 5,694
Intangible assets, net 382 1,519
Operating lease right-of-use assets 3,955 4,139
Total non-current assets 9,371 11,352
Total assets 51,901 77,990
Current liabilities    
Trade accounts payable 1,781 2,795
Other accounts payable 2,023 5,453
Contract liability   1,976
Current portion of operating lease liabilities 687 819
Current portion of long-term debt 2,989  
Total current liabilities 7,480 11,043
Non-current liabilities    
Contract liability 1,976  
Long-term debt, net of current portion 11,799 14,410
Operating lease liabilities, net of current portion 3,882 4,787
Other liabilities 206 215
Total non-current liabilities 17,863 19,412
Commitments and Contingencies
Stockholders’ equity    
Preferred Stock, $0.0001 par value; Authorized - 1,000,000 shares as of September 30, 2022 and December 31, 2021. No shares issued and outstanding as of September 30, 2022 and December 31, 2021.
Common Stock, $0.0001 par value; Authorized - 120,000,000 shares as of September 30, 2022 and 60,000,000 shares as of December 31, 2021. Issued – 29,982,282 shares as of September 30, 2022 and 29,753,238 shares as of December 31, 2021. Outstanding – 29,976,582 shares as of September 30, 2022 and 29,747,538 shares as of December 31, 2021. 2 2
Additional paid in capital 157,471 156,017
Accumulated deficit (130,915) (108,484)
Total stockholders’ equity 26,558 47,535
Total liabilities and stockholders’ equity $ 51,901 $ 77,990