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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 25,970 $ 86,561
Investments available for sale 40,259 65,462
Accounts receivables 4 14
Prepaid expenses and other current assets 480 224
Total current assets 66,713 152,261
Prepaid expenses and other assets 526 703
Property and equipment, net 8 11
Total assets 67,247 152,975
Current liabilities:    
Accounts payable and accrued liabilities 397 373
Accrued payroll and related expenses 392 311
Accrued dividends 0 0
Other liabilities, current 24 47
Total current liabilities 813 731
Other liabilities 0 0
Total liabilities 813 731
Commitments and contingencies (Note 4)
Stockholders' equity:    
Preferred stock, par value $0.0001 per share Authorized: 10,000,000 shares at June 30, 2023 and December 31, 2022; Issued and outstanding: 0 shares at June 30, 2023 and December 31, 2022 0 0
Common stock, par value $0.0001 per share Authorized: 100,000,000 shares at June 30, 2023 and December 31, 2022; Issued and outstanding: 71,639,905 shares at June 30, 2023 and 71,424,650 at December 31, 2022 7 7
Additional paid-in capital 241,105 239,746
Accumulated deficit (174,470) (87,195)
Accumulated other comprehensive loss (208) (314)
Total stockholders' equity 66,434 152,244
Total liabilities and stockholders' equity $ 67,247 $ 152,975