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v3.25.3

Condensed Balance Sheets - USD ($) | Sep. 30, 2025 | Dec. 31, 2024
--- | --- | ---
Current assets |  |
Cash and cash equivalents | $ 2,528,000 | $ 3,951,000
Restricted cash | 93,000 | 93,000
Deferred offering costs | 760,000 |
Prepaid expenses and other current assets | 940,000 | 188,000
TOTAL ASSETS | 4,321,000 | 4,232,000
Current liabilities |  |
Accounts payable | 769,000 | 3,853,000
Accrued expenses | 400,000 | 1,797,000
Dividend payable | 144,000 |
Warrant liability | 8,000 | 252,000
Total Current Liabilities | 1,321,000 | 5,902,000
Stockholders’ Equity (Deficit) |  |
Preferred stock value |  |
Common stock, par value $0.001, 250,000,000 shares authorized, 6,051,874 and 2,234,328 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | 6,000 | 2,000
Additional paid in capital | 703,772,000 | 693,554,000
Accumulated deficit | (700,779,000) | (695,227,000)
Total Stockholders’ Equity (Deficit) | 3,000,000 | (1,670,000)
TOTAL LIABILITIES AND STOCKHOLDERS’ (EQUITY) DEFICIT | 4,321,000 | 4,232,000
Series C Preferred Stock [Member] |  |
Stockholders’ Equity (Deficit) |  |
Preferred stock value | 1,000 | 1,000
Series L Preferred Stock [Member] |  |
Stockholders’ Equity (Deficit) |  |
Preferred stock value |  |

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