Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash $ 33,981 $ 37,144
Restricted cash 75 75
Tax credit receivable 956 716
Prepaid expenses and other current assets 2,224 2,243
Total current assets 37,236 40,178
Property and equipment, net 338 342
Deposits 46 46
Operating lease right-of-use assets, net (including $87 and $99 respectively, to related party) 221 274
Total assets 37,841 40,840
Current liabilities:    
Accounts payable and accrued expenses 2,937 976
Current maturities of finance lease liabilities 7
Current maturities of operating lease liabilities (including $60 and $59 respectively, to related party) 208 233
Total current liabilities 3,145 1,216
Long-term liabilities:    
Operating lease liabilities (including $26 and 42 respectively, to related party) 27 57
Total long-term liabilities 27 57
Total liabilities 3,172 1,273
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.001 par value; 150,000 shares authorized as of March 31, 2023, and December 31, 2022; 8,143 shares issued and outstanding as of March 31, 2023 and December 31, 2022 8 8
Additional paid-in capital 337,780 337,489
Accumulated deficit (303,119) (297,930)
Total stockholders’ equity 34,669 39,567
Total liabilities and stockholders’ equity $ 37,841 $ 40,840