Annual report pursuant to Section 13 and 15(d)

Balance Sheets

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Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 16,189 $ 3,594
Prepaid expenses and other current assets 636 445
Total Current Assets 16,825 4,039
Property and equipment, net 256 0
Other assets 50 0
Total Assets 17,131 4,039
Current Liabilities:    
Accounts payable and accrued expenses (includes related party $2 and $2, respectively) 1,194 1,665
Total Liabilities 1,194 1,665
Commitments (Note 7)
Stockholders’ Equity    
Preferred Stock - $0.0001 par value; 10,000,000 shares authorized; 0 shares outstanding at December 31, 2023 and 2022 0 0
Common stock - $0.0001 par value; 100,000,000 shares authorized; 26,329,032 and 8,009,743 shares issued and outstanding at December 31, 2023 and 2022 3 1
Additional paid in capital 52,759 24,559
Accumulated deficit (36,825) (22,186)
Total Stockholders’ Equity 15,937 2,374
Total Liabilities and Stockholders’ Equity $ 17,131 $ 4,039