BALANCE SHEETS - USD ($)
|
Dec. 31, 2021 |
Dec. 31, 2020 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 40,566,000
|
$ 123,000
|
| Prepaid expenses |
4,409,000
|
124,000
|
| Other current assets |
276,000
|
216,000
|
| Total current assets |
45,251,000
|
463,000
|
| Capitalized software development costs, net |
5,077,000
|
5,555,000
|
| Property and equipment, net |
82,000
|
89,000
|
| Other long-term assets |
548,000
|
280,000
|
| Total Assets |
50,958,000
|
6,387,000
|
| Current liabilities: |
|
|
| Accounts payable |
1,523,000
|
514,000
|
| Accrued payroll |
1,352,000
|
39,000
|
| Other accrued expenses |
1,858,000
|
60,000
|
| Total current liabilities |
4,733,000
|
613,000
|
| Long-term debt, net of debt issuance costs |
9,505,000
|
640,000
|
| Deferred tax liability |
0
|
152,000
|
| Simple Agreements for Future Equity |
0
|
11,740,000
|
| Total liabilities |
14,238,000
|
13,145,000
|
| Commitments and contingencies (Note 17) |
|
|
| Stockholders' equity (deficit) |
|
|
| Common stock, $0.0001 par value per share, 200,000,000 and 13,265,000 shares authorized as of December 31, 2021 and 2020, respectively and 23,602,718 and 5,697,314 shares issued and outstanding as of December 31, 2021 and 2020, respectively |
2,000
|
1,000
|
| Additional paid-in capital |
108,461,000
|
24,649,000
|
| Accumulated deficit |
(71,743,000)
|
(31,408,000)
|
| Total Stockholders' Equity (Deficit) |
36,720,000
|
(6,758,000)
|
| Total Liabilities and Stockholders' Equity (Deficit) |
$ 50,958,000
|
$ 6,387,000
|