Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash $ 32,419 $ 37,144
Restricted cash 75 75
Tax credit receivable 1,207 716
Prepaid expenses and other current assets 2,060 2,243
Total current assets 35,761 40,178
Property and equipment, net 305 342
Deposits 46 46
Operating lease right-of-use assets, net (including $72 and $99 respectively, to related party) 167 274
Total assets 36,279 40,840
Current liabilities:    
Accounts payable and accrued expenses 1,421 976
Current maturities of finance lease liabilities 7
Current maturities of operating lease liabilities (including $62 and $59 respectively, to related party) 166 233
Total current liabilities 1,587 1,216
Long-term liabilities:    
Operating lease liabilities (including $10 and $42 respectively, to related party) 10 57
Total liabilities 1,597 1,273
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.001 par value; 150,000 shares authorized as of June 30, 2023, and December 31, 2022; 10,174 and 8,143 shares issued and outstanding as of June 30, 2023 and December 31, 2022 10 8
Additional paid-in capital 341,957 337,489
Accumulated deficit (307,285) (297,930)
Total stockholders’ equity 34,682 39,567
Total liabilities and stockholders’ equity $ 36,279 $ 40,840