Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet Components (Tables)

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Balance Sheet Components (Tables)
 6 Months Ended
Jun. 30, 2024
Balance Sheet Components [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets as of December 31, 2023 and June 30, 2024 consisted of the following (in thousands):
    As of     As of  
    December 31,     June 30,  
    2023     2024  
             
Prepaid directors’ and officers’ liability insurance premiums   $ 270       15  
Prepaid preclinical services     3,103       1,665  
Other     325       594  
Total   $ 3,698       2,274  
Schedule of Property, Plant and Equipment Property, plant and equipment as of December 31, 2023 and June 30, 2024 consisted of the following (in thousands):
    As of     As of  
    December 31,     June 30,  
    2023     2024  
             
Leasehold improvements   $     21       21  
Furniture and fixtures     21       21  
Lab Equipment    

-

       26  
Subtotal     42       68  
Less accumulated depreciation     (16 )     (25 )
Net   $ 26       43  

 
Schedule of Accounts Payable Accounts payable as of December 31, 2023 and June 30, 2024 consisted of the following (in thousands):
    As of     As of  
    December 31,     June 30,  
    2023     2024  
             
Trade accounts payable   $ 821       1,376  
Credit card liability     18       96  
Total   $ 839       1,472  
Schedule of Accrued Liabilities Accrued liabilities as of December 31, 2023 and June 30, 2024 consisted of the following (in thousands):
    As of     As of  
    December 31,     June 30,  
    2023     2024  
             
Accrued labor costs   $ 1,917     $ 978  
Accrued drug development costs     1,034       2,023  
Other     283       121  
Total   $ 3,234     $ 3,122