XML 108 R2.htm IDEA: XBRL DOCUMENT v3.25.0.1
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Dec. 31, 2022
Current assets:      
Cash and cash equivalents $ 915,000 $ 5,439,000 $ 27,053,000
Marketable investments 6,287,000 7,631,000 7,137,000
Funds receivable from New Jersey net operating loss 1,184,000 1,676,000
Prepaid expenses and other current assets 368,000 302,000 455,000
Total current assets 7,570,000 14,556,000 36,321,000
Property and equipment, net 117,000 127,000 195,000
Right of use asset, net 653,000 697,000 829,000
Patent and trademark rights, net 2,532,000 2,313,000 1,941,000
Other assets 2,716,000 1,688,000 1,202,000
Total assets 13,588,000 19,381,000 40,488,000
Current liabilities:      
Accounts payable 6,264,000 6,443,000 377,000
Accrued expenses 1,011,000 1,986,000 806,000
Current portion of operating lease liability 232,000 223,000 178,000
Current portion of note payable, net 2,593,000  
Total current liabilities 10,100,000 8,652,000 1,361,000
Long-term liability:      
Operating lease liability 437,000 495,000 659,000
Note payable, net 139,000  
Total liabilities 10,676,000 9,147,000 2,020,000
Commitments and contingencies (Notes 8, 10, 11, 16)    
Stockholders’ equity:      
Common Stock, $0.001 par value, authorized shares - 350,000,000; issued and outstanding shares 49,102,484 and 48,084,287 (including 701,667 and 694,324 of unvested stock awards) as of December 31, 2023 and 2022, respectively 59,000 49,000 48,000
Additional paid-in capital 423,714,000 419,004,000 418,270,000
Accumulated deficit (420,861,000) (409,508,000) (380,546,000)
Total stockholders’ equity 2,912,000 10,234,000 38,468,000
Total liabilities and stockholders’ equity 13,588,000 19,381,000 40,488,000
Series A Junior Participating Preferred Stock [Member]      
Stockholders’ equity:      
Preferred Stock, Value
Series B Convertible Preferred Stock [Member]      
Stockholders’ equity:      
Preferred Stock, Value $ 689,000 $ 696,000