Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Stockholders' Equity (Unaudited)

v3.23.3
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
Preferred Stock [Member]
Series A Convertible Redeemable Preferred Stock [Member]
Preferred Stock [Member]
Series B Convertible Redeemable Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Beginning balance, value at Dec. 31, 2021 $ 1,472,000 $ 696,563,000 $ (655,640,000) $ (27,000) $ 42,368,000
Beginning balance, shares at Dec. 31, 2021 5,888,217        
Stock-based compensation expense 2,218,000 2,218,000
Issuance of common stock in connection with restricted share awards, net of cancellations $ 3,000 (3,000)
Issuance of common stock in connection with restricted share awards, net of cancellations, shares     745,000        
Issuance of common stock, net of offering costs under open market sale agreement (ATM) $ 10,000 4,179,000 4,189,000
Issuance of common stock, net of offering costs under open market sale agreement (ATM), shares     1,038,134        
Net loss (32,575,000) (32,575,000)
Other comprehensive loss (17,000) (17,000)
Reverse stock-split adjustment 1,408,000 (1,408,000)
Issuance of Series A and Series B Convertible Redeemable Preferred Stock $ 17,974,000 $ 4,494,000
Issuance of Series A and Series B Convertible Redeemable Preferred Stock, shares 1,000,006 250,005          
Deemed dividends related to Series A and Series B Convertible Redeemable Preferred Stock $ 3,026,000 $ 756,000 (3,782,000) (3,782,000)
Redemption of Series A and Series B Convertible Redeemable Preferred Stock $ (21,000,000) $ (5,250,000)
Redemption of Series A and Series B Convertible Redeemable Preferred Stock, shares (1,000,006) (250,005)          
Reverse stock-split adjustment (1,408,000) 1,408,000
Ending balance, value at Sep. 30, 2022 $ 77,000 700,583,000 (688,215,000) (44,000) 12,401,000
Ending balance, shares at Sep. 30, 2022 7,671,351        
Beginning balance, value at Jun. 30, 2022 $ 1,467,000 694,372,000 (681,781,000) (34,000) 14,024,000
Beginning balance, shares at Jun. 30, 2022 5,870,375        
Stock-based compensation expense 632,000 632,000
Issuance of common stock in connection with restricted share awards, net of cancellations $ 8,000 (8,000)
Issuance of common stock in connection with restricted share awards, net of cancellations, shares     762,842        
Issuance of common stock, net of offering costs under open market sale agreement (ATM) $ 10,000 4,179,000 4,189,000
Issuance of common stock, net of offering costs under open market sale agreement (ATM), shares     1,038,134        
Net loss (6,434,000) (6,434,000)
Other comprehensive loss (10,000) (10,000)
Reverse stock-split adjustment (1,408,000) 1,408,000
Deemed dividends related to Series A and Series B Convertible Redeemable Preferred Stock            
Reverse stock-split adjustment 1,408,000 (1,408,000)
Ending balance, value at Sep. 30, 2022 $ 77,000 700,583,000 (688,215,000) (44,000) 12,401,000
Ending balance, shares at Sep. 30, 2022 7,671,351        
Beginning balance, value at Dec. 31, 2022 $ 177,000 722,049,000 (695,336,000) (129,000) 26,761,000
Beginning balance, shares at Dec. 31, 2022 17,719,720        
Stock-based compensation expense     3,254,000 3,254,000
Issuance of common stock in connection with restricted share awards, net of cancellations     $ 18,000 (31,000) (13,000)
Issuance of common stock in connection with restricted share awards, net of cancellations, shares     1,719,460        
Issuance of common stock, net of offering costs under open market sale agreement (ATM)     $ 20,000 6,603,000 6,623,000
Issuance of common stock, net of offering costs under open market sale agreement (ATM), shares     1,990,321        
Net loss (37,597,000) (37,597,000)
Other comprehensive loss     30,000 30,000
Issuance of common stock, net of offering costs under direct placement offering     32,000 22,948,000 22,980,000
Issuance of common stock, net of offering costs under direct placement offering, shares             3,284,407
Deemed dividends related to Series A and Series B Convertible Redeemable Preferred Stock            
Ending balance, value at Sep. 30, 2023 $ 247,000 754,823,000 (732,933,000) (99,000) 22,038,000
Ending balance, shares at Sep. 30, 2023 24,713,908        
Beginning balance, value at Jun. 30, 2023 $ 215,000 730,322,000 (721,097,000) (95,000) 9,345,000
Beginning balance, shares at Jun. 30, 2023 21,478,157        
Stock-based compensation expense     1,557,000 1,557,000
Issuance of common stock in connection with restricted share awards, net of cancellations     (4,000) (4,000)
Issuance of common stock in connection with restricted share awards, net of cancellations, shares     (48,656)        
Issuance of common stock, net of offering costs under open market sale agreement (ATM)     $ 32,000 22,948,000 22,980,000
Issuance of common stock, net of offering costs under open market sale agreement (ATM), shares     3,284,407        
Net loss (11,836,000) (11,836,000)
Other comprehensive loss     (4,000) (4,000)
Deemed dividends related to Series A and Series B Convertible Redeemable Preferred Stock            
Ending balance, value at Sep. 30, 2023 $ 247,000 $ 754,823,000 $ (732,933,000) $ (99,000) $ 22,038,000
Ending balance, shares at Sep. 30, 2023 24,713,908