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Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 4,612,000 $ 56,409,000
Short-term investments 46,490,000 0
Prepaid expenses and other current assets 5,027,000 3,109,000
Total current assets 56,129,000 59,518,000
Operating lease asset, net 365,000 739,000
In-process research and development 32,386,000 32,386,000
Other assets 186,000 150,000
Total assets 89,066,000 92,793,000
Current liabilities:    
Accounts payable 967,000 2,200,000
Current operating lease liability 383,000 363,000
Accrued expenses and other liabilities 2,545,000 3,912,000
Total current liabilities 3,895,000 6,475,000
Deferred tax liability 1,752,000 1,752,000
Non-current operating lease liability 0 383,000
Total liabilities 5,647,000 8,610,000
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Common stock, $0.001 par value, 200,000,000 shares authorized at December 31, 2023 and 2022; 24,213,130 and 13,776,788 shares issued and outstanding at December 31, 2023 and 2022, respectively 24,000 14,000
Additional paid-in capital 326,586,000 287,034,000
Accumulated deficit (243,191,000) (202,865,000)
Total stockholders’ equity 83,419,000 84,183,000
Total liabilities and stockholders’ equity 89,066,000 92,793,000
Series X1 Non-voting Convertible Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value
Series X Non-voting Convertible Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value