XML 16 R7.htm IDEA: XBRL DOCUMENT v3.23.3
STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Dec. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:      
Net loss $ (1,174,000) $ (4,250,000) $ (8,752,000)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation   12,000 15,000
Amortization of right-of-use asset - operating   76,000 70,000
Share-based compensation   545,000 436,000
Loss from disposal of property and equipment     5,000
Change in operating assets and liabilities:      
Other current assets   (145,000) 451,000
Accounts payable   (12,000) (524,000)
Accrued compensation and employee benefits   (85,000) (592,000)
Accrued expenses and other liabilities   (99,000) (527,000)
Net cash used in operating activities   (3,958,000) (9,418,000)
Cash flows from investing activities:      
Purchase of property and equipment     (2,000)
Net cash used in investing activities     (2,000)
Cash flows from financing activities:      
Net decrease in cash and cash equivalents   (3,958,000) (9,420,000)
Cash and cash equivalents, beginning of year 43,939,000 42,445,000 53,359,000
Cash and cash equivalents, end of year $ 42,445,000 $ 38,487,000 $ 43,939,000