Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Statements of Changes in Stockholders' Equity

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Unaudited Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Common Stock
Common Class A
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Total
Balance at beginning at Dec. 31, 2022 $ 1 $ 1 $ 85,482 $ (68,502) $ 16,982
Balance at beginning (in shares) at Dec. 31, 2022 6,000,000 11,765,700      
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY          
Share-based compensation     1,519   1,519
Exercise of stock options for cash     3   3
Exercise of stock options for cash (In shares)   5,000      
Issuance of common stock for vested restricted stock units (in shares)   363,190      
Net loss       (18,499) (18,499)
Balance at ending at Jun. 30, 2023 $ 1 $ 1 87,004 (87,001) 5
Balance at ending (in shares) at Jun. 30, 2023 6,000,000 12,133,890      
Balance at beginning at Mar. 31, 2023 $ 1 $ 1 86,128 (78,638) 7,492
Balance at beginning (in shares) at Mar. 31, 2023 6,000,000 11,834,362      
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY          
Share-based compensation     873   873
Exercise of stock options for cash     3   3
Exercise of stock options for cash (In shares)   5,000      
Issuance of common stock for vested restricted stock units (in shares)   294,528      
Net loss       (8,363) (8,363)
Balance at ending at Jun. 30, 2023 $ 1 $ 1 87,004 (87,001) 5
Balance at ending (in shares) at Jun. 30, 2023 6,000,000 12,133,890      
Balance at beginning at Dec. 31, 2023 $ 1 $ 1 92,703 (72,355) 20,350
Balance at beginning (in shares) at Dec. 31, 2023 6,000,000 13,323,952      
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY          
Share-based compensation     3,080   3,080
Exercise of stock options for cash     99   99
Exercise of stock options for cash (In shares)   70,044      
Issuance of common stock for vested restricted stock units (in shares)   282,195      
Issuance of common stock under ESPP     85   85
Issuance of common stock under ESPP (in shares)   52,211      
Issuance of common stock, ATM offering, net of issuance costs of $46     1,484   1,484
Issuance of common stock, ATM offering, net of issuance costs of $46 (in shares)   289,744      
Net loss       (13,803) (13,803)
Balance at ending at Jun. 30, 2024 $ 1 $ 1 97,451 (86,158) 11,295
Balance at ending (in shares) at Jun. 30, 2024 6,000,000 14,018,146      
Balance at beginning at Mar. 31, 2024 $ 1 $ 1 95,746 (82,797) 12,951
Balance at beginning (in shares) at Mar. 31, 2024 6,000,000 13,932,310      
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY          
Share-based compensation     1,674   1,674
Exercise of stock options for cash     31   31
Exercise of stock options for cash (In shares)   14,669      
Issuance of common stock for vested restricted stock units (in shares)   71,167      
Issuance of common stock, ATM offering, net of issuance costs of $46 (in shares)   289,744      
Net loss       (3,361) (3,361)
Balance at ending at Jun. 30, 2024 $ 1 $ 1 $ 97,451 $ (86,158) $ 11,295
Balance at ending (in shares) at Jun. 30, 2024 6,000,000 14,018,146