v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities    
Net loss $ (21,079) $ (22,938)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 359 270
Stock-based compensation 7,056 15,786
Non-cash legal settlement 646  
Changes in operating assets and liabilities:    
Grant funds receivable (744)
Prepaids and other (479) (48)
Deposits and other long-term assets 89 500
Accounts payable (1,060) 197
Accrued liabilities and unearned reservation fees (1,280) (79)
Operating lease assets and liability, net (192) (75)
Net cash used in operating activities (15,940) (7,131)
Cash Flows from Investing Activities    
Purchase of property and equipment (202) (30)
Net cash used in investing activities (202) (30)
Cash Flows from Financing Activities    
Net proceeds from sale of common stock, warrants and exercise of warrants 17,167 7,071
Payments on financing arrangements (502)
Net cash provided by financing activities 16,665 7,071
Increase (decrease) in cash and cash equivalents 523 (90)
Cash and cash equivalents, beginning of period 9,608 13,160
Cash and cash equivalents, end of period 10,131 13,070
Supplemental disclosures of cash flow information:    
Cash paid for interest 30 3
Cash paid for income taxes
Non-cash financing activities:    
Increase to right-of-use asset and lease liability from lease extension 1,123
Settlement of litigation liability with issuance of equity instruments 646
Settlement of accrued liabilities with issuance of common stock 150
Insurance policies and software licenses financed $ 789