Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (4,916) $ (3,767)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 408 579
Net change in fair value of trading marketable securities (185) (309)
Non-cash lease expense 16 21
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 40 101
Accounts payable and accrued liabilities (368) (402)
Accounts payable - related parties 14 (9)
Fixed cash payments related to operating leases (14) (23)
Net cash used in operating activities (5,005) (3,809)
CASH FLOWS FROM INVESTING ACTIVITIES    
Investment in trading marketable securities (481) (8,154)
Proceeds from disposition of marketable securities 3,500 9,240
Proceeds from disposition of available-for-sale securities 0 1,512
Net cash provided by investing activities 3,019 2,598
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of common shares for cash, net 55 0
Net cash provided by financing activities 55 0
Effect of exchange rate changes on cash (3) 42
Net change in cash and cash equivalents (1,934) (1,169)
Cash and cash equivalents - beginning of period 2,815 6,888
Cash and cash equivalents - end of period 881 5,719
Supplemental Cash Flow Information    
Cash paid for interest 0 0
Cash paid for income taxes 0 0
NON-CASH FINANCING AND INVESTING ACTIVITIES:    
Initial recognition of the right-of-use asset and lease liability $ 111 $ 0