v3.24.0.1
Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 12,591 $ 21,184
Short-term investments 6,940 0
Unbilled contracts receivable 550 0
Interest receivable 79 0
Prepaid expenses and other current assets 244 418
Total current assets 20,404 21,602
Property and equipment, net 100 158
Long-term prepaid maintenance and supplies 91 91
Security deposit 14 14
Operating lease right-of-use-asset 517 700
Financing lease right-of-use-asset 2,903 4,164
Total assets 24,029 26,729
Current liabilities:    
Accounts payable 618 397
Accrued expenses 222 173
Accrued payroll related expenses 1,382 967
Current operating lease liability 264 245
Current financing lease liability 1,328 1,126
Total current liabilities 3,814 2,908
Long-term operating lease liability 295 521
Long-term financing lease liability 1,750 2,986
Total liabilities 5,859 6,415
Commitments and contingencies (see Note 11)
Stockholders’ equity:    
Preferred stock, $0.001 par value, authorized 2,500 shares: none issued and outstanding at December 31, 2023 and 2022 0 0
Common stock, $0.001 par value, authorized 47,500 shares; 26,107 shares issued and outstanding at December 31, 2023 and 23,973 issued and outstanding as of December 31, 2022 26 24
Additional paid-in capital 221,229 203,585
Accumulated deficit (203,085) (183,295)
Total stockholders’ equity 18,170 20,314
Total liabilities and stockholders’ equity $ 24,029 $ 26,729