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, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 37,745 $ 62,099
Restricted cash 963 996
Short-term deposits 8,000
Other current assets 1,605 3,543
Total current assets 48,313 66,638
Property and equipment, net 5,252 5,694
Intangible assets, net 760 1,519
Operating lease right-of-use assets 4,057 4,139
Total non-current assets 10,069 11,352
Total assets 58,382 77,990
Current liabilities    
Trade accounts payable 1,656 2,795
Other accounts payable 2,394 5,453
Contract liability   1,976
Current portion of operating lease liabilities 708 819
Current portion of long-term debt 1,732  
Total current liabilities 6,490 11,043
Non-current liabilities    
Contract liability 1,976  
Long-term debt, net of current portion 12,929 14,410
Operating lease liabilities, net of current portion 4,039 4,787
Other liabilities 209 215
Total non-current liabilities 19,153 19,412
Commitments and Contingencies
Stockholders’ equity    
Preferred Stock, $0.0001 par value; Authorized - 1,000,000 shares as of June 30, 2022 and December 31, 2021. No shares issued and outstanding as of June 30, 2022 and December 31, 2021.
Common Stock, $0.0001 par value; Authorized - 60,000,000 shares as of June 30, 2022 and December 31, 2021. Issued – 29,780,409 shares as of June 30, 2022 and 29,753,238 shares as of December 31, 2021. Outstanding – 29,774,709 shares as of June 30, 2022 and 29,747,538 shares as of December 31, 2021. 2 2
Additional paid in capital 156,872 156,017
Accumulated deficit (124,135) (108,484)
Total stockholders’ equity 32,739 47,535
Total liabilities and stockholders’ equity $ 58,382 $ 77,990