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CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
[1]
Current assets:    
Cash and cash equivalents $ 3,241 $ 8,556
Marketable debt securities 3,083 6,220
Prepaid expenses and other current assets 1,116 688
Total current assets 7,440 15,464
Right-of-use asset, net 135 147
Other assets 1,098 1,684
Total assets 8,673 17,295
Current liabilities:    
Accounts payable 1,919 3,048
Accrued expenses 1,258 891
Lease liability, current portion 27 20
Total current liabilities 3,204 3,959
Other long-term liabilities 0 36
Lease liability, long-term portion 124 138
Total liabilities 3,328 4,133
Commitments and contingencies
Stockholders' equity:    
Preferred stock, issued 0 0
Common stock, issued 1 1
Additional paid-in capital 65,433 63,676
Accumulated deficit (60,089) (50,515)
Total stockholders’ equity 5,345 13,162
Total liabilities and stockholders’ equity $ 8,673 $ 17,295
[1] Derived from audited financial statements

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