Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets (Unaudited)

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Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 12,638 $ 16,189
Prepaid expenses and other current assets 599 636
Total Current Assets 13,237 16,825
Property and equipment, net 344 256
Other assets 54 50
Total Assets 13,635 17,131
Current Liabilities:    
Accounts payable and accrued expenses (includes related party $- and $2, respectively) 1,097 1,194
Total Liabilities 1,097 1,194
Commitments (Note 7)
Stockholders’ Equity    
Preferred stock - $0.0001 par value; 10,000,000 authorized; 0 shares outstanding at March 31, 2024 and December 31, 2023 0 0
Common stock - $0.0001 par value $100,000,000 shares authorized; $26,329,032 shares issued and outstanding at March 31, 2024 and December 31, 2023 3 3
Additional paid in capital 53,966 52,759
Accumulated deficit (41,431) (36,825)
Total Stockholders’ Equity 12,538 15,937
Total Liabilities and Stockholders’ Equity $ 13,635 $ 17,131