v3.23.1
Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 12,118 $ 21,184
Short-term investments 4,934 0
Prepaid expenses and other current assets 303 418
Total current assets 17,355 21,602
Property and equipment, net 153 158
Long-term prepaid maintenance and supplies 91 91
Security deposit 14 14
Operating lease right-of-use asset 648 700
Financing lease right-of-use-asset 3,874 4,164
Total assets 22,135 26,729
Current liabilities:    
Accounts payable 423 397
Accrued expenses 242 173
Accrued payroll related expenses 292 967
Current operating lease liability 247 245
Current financing lease liability 1,240 1,126
Total current liabilities 2,444 2,908
Long-term operating lease liability 475 521
Long-term financing lease liability 2,683 2,986
Total liabilities 5,602 6,415
Commitments and contingencies (see Note 9)
Stockholders’ equity:    
Preferred stock $0.001 par value, authorized 2,500 shares; none issued and outstanding at March 31, 2023 and December 31, 2022 0 0
Common stock: $0.001 par value, authorized 47,500 shares; 24,330 and 23,973 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively; 24 24
Additional paid in capital 204,825 203,585
Other comprehensive income (loss) (2) 0
Accumulated deficit (188,314) (183,295)
Total stockholders’ equity 16,533 20,314
Total liabilities and stockholders’ equity $ 22,135 $ 26,729