Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets (Unaudited)

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Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash $ 11,201 $ 13,192
Prepaid expenses and other assets 1,540 806
Total Assets 12,741 13,998
Current Liabilities:    
Accounts payable and accrued expenses (includes related party $3 and $1, respectively) 514 588
Total Liabilities 514 588
Commitments and contingencies (Note 7)
Stockholders’ Equity    
Common stock - $0.0001 par value; 20,000,000 shares authorized; 7,958,888 and 7,809,912 shares issued and outstanding at March 31, 2022 and December 31, 2021 1 1
Additional paid in capital 23,596 22,633
Accumulated deficit (11,370) (9,224)
Total Stockholders’ Equity 12,227 13,410
Total Liabilities and Stockholders’ Equity $ 12,741 $ 13,998