Quarterly report pursuant to Section 13 or 15(d)

Statements of Stockholders??? (Deficit) Equity (Unaudited)

v3.23.3
Statements of Stockholders’ (Deficit) Equity (Unaudited) - USD ($)
$ in Thousands
Series A-1 and Series A-2
Preferred Stock
Preferred Stock
Common Stock Shares
Additional Paid-In Capital
Accumulated Deficit
Total
Balance at Dec. 31, 2021   $ 15 $ 32,408 $ (15,939) $ 16,484
Balance (in Shares) at Dec. 31, 2021   14,996,534      
Net loss   (3,537) (3,537)
Issuance of common stock from exercise of options   7 7
Issuance of common stock from exercise of options (in Shares)   23,983      
Stock-based compensation expense   290 290
Balance at Mar. 31, 2022   $ 15 32,705 (19,476) 13,244
Balance (in Shares) at Mar. 31, 2022   15,020,517      
Balance at Dec. 31, 2021   $ 15 32,408 (15,939) 16,484
Balance (in Shares) at Dec. 31, 2021   14,996,534      
Net loss           (12,730)
Balance at Sep. 30, 2022   $ 15 33,280 (28,669) 4,626
Balance (in Shares) at Sep. 30, 2022   15,087,943      
Balance at Mar. 31, 2022   $ 15 32,705 (19,476) 13,244
Balance (in Shares) at Mar. 31, 2022   15,020,517      
Net loss   (3,636) (3,636)
Issuance of common stock from exercise of options   8 8
Issuance of common stock from exercise of options (in Shares)   23,981      
Stock-based compensation expense   294 294
Balance at Jun. 30, 2022   $ 15 33,007 (23,112) 9,910
Balance (in Shares) at Jun. 30, 2022   15,044,498      
Net loss   (5,557) (5,557)
Issuance of common stock for vested restricted stock units  
Issuance of common stock for vested restricted stock units (in Shares)   26,738      
Issuance of common stock from exercise of options   7 7
Issuance of common stock from exercise of options (in Shares)   16,707      
Stock-based compensation expense   266 266
Balance at Sep. 30, 2022   $ 15 33,280 (28,669) 4,626
Balance (in Shares) at Sep. 30, 2022   15,087,943      
Balance at Dec. 31, 2022   $ 15 33,516 (33,997) (466)
Balance (in Shares) at Dec. 31, 2022   15,231,655      
Net loss   (14,575) (14,575)
Issuance of Series A-1 preferred stock, net of issuance costs and allocated fair value of warrant liability $ 25,407  
Issuance of Series A-1 preferred stock, net of issuance costs and allocated fair value of warrant liability (in Shares) 30,190        
Deemed dividends on Series A-1 preferred stock $ 192   (192) (192)
Issuance of common stock from exercise of options   7 7
Issuance of common stock from exercise of options (in Shares)   2,181      
Stock-based compensation expense   144 144
Balance at Mar. 31, 2023 $ 25,599   $ 15 33,475 (48,572) (15,082)
Balance (in Shares) at Mar. 31, 2023 30,190   15,233,836      
Balance at Dec. 31, 2022   $ 15 33,516 (33,997) (466)
Balance (in Shares) at Dec. 31, 2022   15,231,655      
Net loss           $ (22,746)
Issuance of common stock from exercise of options (in Shares)           6,541
Balance at Sep. 30, 2023 $ 26,274   $ 35 60,098 (56,743) $ 3,390
Balance (in Shares) at Sep. 30, 2023 43,649   34,754,401      
Balance at Mar. 31, 2023 $ 25,599   $ 15 33,475 (48,572) (15,082)
Balance (in Shares) at Mar. 31, 2023 30,190   15,233,836      
Net loss     (3,838) (3,838)
Deemed dividends on Series A-1 preferred stock 603   (603) (603)
Issuance of common stock from exercise of options   7 7
Issuance of common stock from exercise of options (in Shares)   2,180      
Stock-based compensation expense   144 144
Balance at Jun. 30, 2023 $ 26,202   $ 15 33,023 (52,410) (19,372)
Balance (in Shares) at Jun. 30, 2023 30,190   15,236,016      
Net loss   (4,333) (4,333)
Issuance of Series A-2 preferred stock and common stock upon conversion of Series A-1 preferred stock   $ 20 26,211 26,231
Issuance of Series A-2 preferred stock and common stock upon conversion of Series A-1 preferred stock (in Shares) 13,459   19,516,205      
Deemed dividends on Series A-1 preferred stock $ 72   (72) (72)
Issuance of common stock from exercise of options   7 7
Issuance of common stock from exercise of options (in Shares)   2,180      
Stock-based compensation expense   929 929
Balance at Sep. 30, 2023 $ 26,274   $ 35 $ 60,098 $ (56,743) $ 3,390
Balance (in Shares) at Sep. 30, 2023 43,649   34,754,401