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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 1,068 $ 2,356
Short-term investments 0 1,991
Unbilled receivables 0 30
Prepaid expenses and other current assets 332 641
Total current assets 1,400 5,018
Restricted cash 264 264
Property and equipment, net 548 775
Right-of-use assets 1,653 1,961
Other assets 42 67
Total assets 3,907 8,085
Current Liabilities:    
Accounts payable 1,202 109
Accrued expenses 2,010 926
Lease liabilities 669 575
Convertible note payable, net of issuance costs (Note12) 984 0
Total current liabilities 4,865 1,610
Lease liabilities, net of current portion 1,525 2,075
Total liabilities 6,390 3,685
Commitments and contingencies (Note 7)
Stockholders' Equity (Deficit):    
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 December 31, 2023 and 2022, and 12,032,425 and 4,944,202 shares issued and outstanding at December 31, 2023 and 2022, respectively 120 49
Additional paid-in capital 411,814 404,277
Accumulated other comprehensive loss (265) (229)
Accumulated deficit (414,152) (399,697)
Total stockholders' equity (deficit) (2,483) 4,400
Total liabilities and stockholders' equity (deficit) $ 3,907 $ 8,085