Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED)

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CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (5,177) $ (3,271)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 91 71
Stock-based compensation 1,036 711
Changes in operating assets - (increase)/decrease:    
Inventory (246) 0
Prepaid expenses and other current assets (588) (816)
Changes in operating liabilities - increase/(decrease):    
Accounts payable 71 (349)
Accrued and other current liabilities (317) (667)
NET CASH USED IN OPERATING ACTIVITIES: (5,130) (4,321)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments for the purchase of property and equipment (286) (10)
Payments for intangibles (141) 0
NET CASH USED IN INVESTING ACTIVITIES: (427) (10)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Gross proceeds from issuance of common stock 52 0
NET CASH PROVIDED BY FINANCING ACTIVITIES: 52 0
Net decrease in cash, cash equivalents and restricted cash (5,505) (4,331)
Cash, cash equivalents and restricted cash, beginning of period 31,757 12,076
Cash, cash equivalents and restricted cash, end of period 26,252 7,745
Non-cash investing and financing activities:    
Additions to property and equipment included in accounts payable 223 0
Additions to intangible assets included in accounts payable $ 5 $ 0