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
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 29,346 $ 31,332
Restricted cash 956 962
Short-term deposits 2,000
Other current assets 2,632 2,587
Total current assets 32,934 36,881
Non-current assets    
Other assets 129  
Operating lease right-of-use assets 3,767 3,860
Property and equipment, net 4,577 4,790
Total non-current assets 8,473 8,650
Total assets 41,407 45,531
Current liabilities    
Trade accounts payable 1,359 820
Current portion of lease liabilities 669 687
Other accounts payable 2,956 2,150
Current portion of long-term debt 5,216 4,282
Total current liabilities 10,200 7,939
Non-current liabilities    
Contract liability 1,976 1,976
Long-term debt, net of current portion 9,306 10,591
Operating lease liabilities, net of current portion 3,587 3,798
Other liabilities 192 188
Total non-current liabilities 15,061 16,553
Commitments and Contingencies
Stockholders’ equity    
Preferred Stock, $0.0001 par value; Authorized - 1,000,000 shares as of March 31, 2023 and December 31, 2022. No shares issued and outstanding as of March 31, 2023 and December 31, 2022.
Common Stock, $0.0001 par value; Authorized - 120,000,000 shares as of March 31, 2023 and December 31, 2022. Issued –33,181,773 shares as of March 31, 2023 and 29,982,282 shares as of December 31, 2022. Outstanding –33,176,073 shares as of March 31, 2023 and 29,976,582 shares as of December 31, 2022. 2 2
Additional paid in capital 159,306 157,838
Accumulated deficit (143,162) (136,801)
Total stockholders’ equity 16,146 21,039
Total liabilities and stockholders’ equity $ 41,407 $ 45,531