v3.25.1
CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
[1]
Current assets:    
Cash and cash equivalents $ 929 $ 2,590
Prepaid expenses and other current assets 722 773
Total current assets 1,651 3,363
Right-of-use asset, net 116 122
Other assets 1,298 1,298
Total assets 3,065 4,783
Current liabilities:    
Accounts payable 1,586 1,219
Accrued expenses 1,014 508
Lease liability, current portion 29 28
Total current liabilities 2,629 1,755
Lease liability, long-term portion 102 110
Total liabilities 2,731 1,865
Commitments and contingencies
Stockholders' equity:    
Preferred stock, par value $.0001. Authorized shares of 15,000,000 as of both March 31, 2025 and December 31, 2024. None issued and outstanding as of both March 31, 2025 and December 31, 2024. 0 0
Common stock, par value $.0001. Authorized shares of 135,000,000 as of March 31, 2025 and December 31, 2024, respectively. Issued and outstanding shares of 15,264,869 and 15,122,873 as of March 31, 2025 and December 31, 2024, respectively. 2 2
Additional paid-in capital 70,462 69,699
Accumulated deficit (70,130) (66,783)
Total stockholders’ equity 334 2,918
Total liabilities and stockholders’ equity $ 3,065 $ 4,783
[1] Derived from audited financial statements

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