Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets (Unaudited)

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Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 9,274 $ 13,192
Prepaid expenses and other assets 464 806
Total Assets 9,738 13,998
Current Liabilities:    
Accounts payable and accrued expenses (includes related party $1 for each period respectively) 770 588
Total Liabilities 770 588
Commitments and contingencies (Note 7)
Stockholders’ Equity    
Common stock - $0.0001 par value; 20,000,000 shares authorized; 7,982,008 and 7,809,912 shares issued and outstanding at June 30, 2022 and December 31, 2021 1 1
Additional paid in capital 23,862 22,633
Accumulated deficit (14,895) (9,224)
Total Stockholders’ Equity 8,968 13,410
Total Liabilities and Stockholders’ Equity $ 9,738 $ 13,998