Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v3.23.1
Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 455 $ 16,579
Prepaid expenses and other current assets 2,189 1,832
Total current assets 2,644 18,411
Right of use asset, net 152 305
Property, plant and equipment, net 22 28
Total assets 2,818 18,744
Current liabilities:    
Accounts payable 892 742
Accrued liabilities 2,237 1,212
Operating lease liability - current 155 151
Total current liabilities 3,284 2,105
Operating lease liability – long term   155
Total liabilities 3,284 2,260
Commitments and contingencies (Note 9)
Stockholders’ (deficit) equity:    
Preferred stock: $0.001 par value per share—10,000,000 shares authorized at December 31, 2021 and 2022; no shares issued and outstanding at December 31, 2021 and 2022
Common stock, $0.001 par value per share – 200,000,000 shares authorized at December 31, 2021 and 2022; 14,996,534 shares issued and outstanding at December 31, 2021, and 15,231,655 shares issued and outstanding at December 31, 2022 15 15
Additional paid-in capital 33,516 32,408
Accumulated deficit (33,997) (15,939)
Total stockholders’ equity (deficit) (466) 16,484
Total liabilities and stockholders’ equity (deficit) $ 2,818 $ 18,744