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 $ 4,928 $ 12,068
Prepaid expenses and other current assets 450 1,149
Other receivables - related party   73
Total current assets 5,378 13,290
Total Assets 5,378 13,290
Current Liabilities:    
Accounts payable and accrued expenses 15,485 20,297
Accounts payable and accrued expenses - related party 2,815 1,306
Common stock warrant liabilities 125 11,170
Total current liabilities 18,425 32,773
Total Liabilities 18,425 32,773
Commitments and Contingencies (note 5)
Stockholders' Equity (Deficit)    
Common stock issuable, 1,492,915 and 368,907 shares as of December 31, 2023 and December 31, 2022, respectively 3,419 1,885
Additional paid-in capital 297,864 241,117
Accumulated deficit (314,333) (262,486)
Total Stockholders' Equity (Deficit) (13,047) (19,483)
Total Liabilities and Stockholders' Equity (Deficit) 5,378 13,290
Common No Class    
Stockholders' Equity (Deficit)    
Common Stock Value $ 3 $ 1