Quarterly report pursuant to Section 13 or 15(d)

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

v3.23.2
Statements of Mezzanine Equity and Stockholders’ Deficit (Unaudited) - USD ($)
$ in Thousands
Series A-1
Preferred Stock
Common Stock
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         (7,173)
Balance at Jun. 30, 2022 $ 15 33,007 (23,112) 9,910
Balance (in Shares) at Jun. 30, 2022   15,044,498      
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      
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         (18,413)
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      
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