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
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 29,711 $ 31,332
Restricted cash 951 962
Short-term deposits 2,000
Other current assets 2,528 2,587
Total current assets 33,190 36,881
Non-current assets    
Operating lease right-of-use assets 3,673 3,860
Property and equipment, net 4,390 4,790
Total non-current assets 8,063 8,650
Total Assets 41,253 45,531
Current liabilities    
Trade accounts payable 2,228 820
Current portion of lease liabilities 654 687
Other accounts payable 3,394 2,150
Current portion of long-term debt 5,391 4,282
Total current liabilities 11,667 7,939
Non-current liabilities    
Contract liability 1,976 1,976
Long-term debt, net of current portion 8,159 10,591
Operating lease liabilities, net of current portion 3,396 3,798
Other liabilities 190 188
Total non-current liabilities 13,721 16,553
Commitments and Contingencies
Stockholders’ equity    
Preferred Stock, $0.0001 par value; Authorized - 1,000,000 shares as of June 30, 2023 and December 31, 2022. No shares issued and outstanding as of June 30, 2023 and December 31, 2022.
Common Stock, $0.0001 par value; Authorized - 120,000,000 shares as of June 30, 2023 and December 31, 2022. Issued –45,979,730 shares as of June 30, 2023 and 29,982,282 shares as of December 31, 2022. Outstanding 45,974,030 shares as of June 30, 2023 and 29,976,582 shares as of December 31, 2022. 3 2
Additional paid in capital 165,435 157,838
Accumulated deficit (149,573) (136,801)
Total stockholders’ equity 15,865 21,039
Total liabilities and stockholders’ equity $ 41,253 $ 45,531