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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2023
Income Tax Disclosure [Abstract] |
Schedule of Effective Income Tax Rate Reconciliation | The components of the Company’s provision for income taxes and income taxes computed using the U.S. federal statutory corporate tax rate were as follows (in thousands):
| 2023 |  | 2022
Statutory federal income tax rate | $ | (2,213) |  |  | $ | (1,592) |
State taxes, net of federal tax benefit | (350) |  |  | (131) |
Change in valuation allowance | 1,888 |  |  | 1,543 |
Loss on debt extinguishment | 475 |  |  | — |
Federal return to provision | 87 |  |  | — |
Other permanent items | 113 |  |  | 180 |
Provision for income taxes | $ | — |  |  | $ | — |
Schedule of Deferred Tax Assets and Liabilities | The components of the net deferred tax assets are as follows (in thousands):
| 2023 |  | 2022
Deferred tax assets: |  |  |
Net operating loss carryforwards | $ | 8,612 |  |  | $ | 8,055 |
Capitalized research expense | 1,782 |  |  | 823 |
Share based compensation | 1,011 |  |  | 602 |
Research and development credits | 596 |  |  | 636 |
Lease liability | 43 |  |  | 30
Gross deferred tax assets | 12,044 |  |  | 10,146 |
Less valuation allowance | (12,005) |  |  | (10,116) |
Total deferred tax assets | 39 |  |  | 30 |
Deferred tax liabilities: |  |  |
Right of use assets | (39) |  |  | (30)
Total deferred tax liabilities | (39) |  |  | (30) |
Deferred income taxes, net | $ | — |  |  | $ | — |

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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-2 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 12 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-12 + Details
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