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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 2,228 $ 21,666
Accounts and other receivables   5,000
Prepaid insurance 1,169 1,136
Prepaid and other current assets 535 404
Total current assets 5,132 28,206
Other assets, noncurrent 168 168
Right-of-use assets   66
Property and equipment, net   4
Total assets 9,964 28,444
Current liabilities:    
Accounts payable 158 194
Accrued compensation 708 2,582
Other accrued liabilities 917 1,452
Dividends payable   7,558
CVR derivative liability   5,000
Operating lease liability   38
Total current liabilities 1,783 16,824
CVR derivative liability, noncurrent 4,664  
Total liabilities 6,447 16,824
Commitments and Contingencies (Note 8)
Stockholders’ deficit:    
Convertible preferred stock, $0.001 par value, 123,418 shares authorized; 12,340 and 0 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 33,309  
Common stock, $0.001 par value, 100,000,000 shares authorized, 37,978,142 and 37,756,574 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 37 37
Additional paid-in capital 384,895 389,210
Accumulated deficit (414,724) (410,936)
Total stockholders' equity (deficit) 3,517 (21,689)
Total liabilities, redeemable convertible preferred stock, and stockholders' equity (deficit) 9,964 28,444
Redeemable Convertible Preferred Stock    
Current liabilities:    
Redeemable convertible preferred stock, $0.001 par value, 123,418 shares authorized; 0 and 12,340 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively   $ 33,309
GC Biopharma Corp    
Current assets:    
Long-term receivable from GCBP 4,664  
GNI    
Current assets:    
Other receivables from GNI $ 1,200