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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 2,068 $ 5,396
Income tax receivable 73 73
Prepaid expenses and other current assets 34 46
Investments in U.S. Treasury Bills 2,421
Total current assets 4,596 5,515
Other assets 8 8
Total assets 4,604 5,523
Current liabilities    
Accounts payable and accrued expenses 57 93
Total current liabilities 57 93
Total liabilities 57 93
Stockholders’ equity    
Preferred stock, par value $0.01 per share, authorized 10,000,000 shares; none issued
Common stock, par value $0.01 per share, authorized 30,000,000 shares; Issued 21,343,680 and 21,025,748 as of September 30, 2022 and December 31, 2021, respectively; Outstanding 20,335,711 and 20,210,529 at September 30, 2022 and December 31, 2021, respectively, and 160,000 and 215,632 shares issuable as of September 30, 2022 and December 31, 2021, respectively 213 210
Additional paid-in capital 34,375 34,316
Accumulated deficit (28,298) (27,397)
Accumulated other comprehensive income 4
Treasury stock, at cost (1,007,969 shares at September 30, 2022 and 815,219 at December 31, 2021) (1,747) (1,699)
Total stockholders' equity 4,547 5,430
Total liabilities and stockholders’ equity $ 4,604 $ 5,523