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CONDENSED CONSOLIDATED BALANCE SHEETS UNAUDITED - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 2,817 $ 2,356
Short-term investments 0 1,991
Unbilled receivables 0 30
Prepaid expenses and other current assets 545 641
Total current assets 3,362 5,018
Restricted cash 264 264
Property and equipment, net 594 775
Right-of-use assets, net 1,769 1,961
Other assets 53 67
Total assets 6,042 8,085
Current Liabilities:    
Accounts payable 381 109
Accrued expenses 1,944 926
Current portion of lease liabilities 651 575
Convertible note payable, net of issuance costs (Note 9) 977 0
Total current liabilities 3,953 1,610
Lease liabilities, net of current portion 1,697 2,075
Total liabilities 5,650 3,685
Commitments and contingencies (Note 10)
Stockholders’ Equity:    
Preferred stock ($0.01 par value per share); 5,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock ($0.01 par value per share); 60,000,000 shares authorized at September 30, 2023 and December 31, 2022; 11,901,780 and 4,944,202 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 119 49
Additional paid-in capital 411,406 404,277
Accumulated other comprehensive loss (247) (229)
Accumulated deficit (410,886) (399,697)
Total stockholders’ equity 392 4,400
Total liabilities and stockholders’ equity $ 6,042 $ 8,085