CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 19,926,000	$ 30,620,000
Restricted cash	0	54,000
Investment in marketable securities (Note 6)	41,590,000	62,633,000
Prepaid and other current assets	2,921,000	2,656,000
Total Current Assets	64,437,000	95,963,000
Non-current Assets:
Property and equipment, net (Note 7)	113,000	0
Operating lease right of use assets (Note 9)	93,000	207,000
Non-current prepaid expenses and other assets	2,262,000	1,515,000
Total Non-current Assets	2,468,000	1,722,000
Total Assets	66,905,000	97,685,000
Current Liabilities:
Trade payables	2,707,000	1,659,000
Accrued expenses (Note 8)	9,272,000	4,119,000
Employee-related obligations	1,428,000	1,645,000
Operating lease liabilities (Note 9)	99,000	115,000
Other current liabilities	1,313,000	0
Total Current Liabilities	14,819,000	7,538,000
Long-term Liabilities:
Non-current operating lease liabilities (Note 9)	0	99,000
Other liabilities	0	1,313,000
Total Long-term Liabilities	0	1,412,000
Total Liabilities	14,819,000	8,950,000
Commitments and Contingencies (Note 11)
Shareholders' Equity:
Preferred stock: $0.0001 par value; 20,000,000 shares authorized at December 31, 2024 and 2023; no shares issued and outstanding at December 31, 2024 and 2023	0	0
Common stock: $0.0001 par value; 150,000,000 shares authorized at December 31, 2024 and December 31, 2023; 14,830,013 and 14,098,888 shares issued and outstanding at December 31, 2024 and 2023, respectively	1,000	1,000
Additional paid-in capital	783,235,000	780,044,000
Accumulated other comprehensive income	20,000	26,000
Accumulated deficit	(731,170,000)	(691,336,000)
Total Shareholders' Equity	52,086,000	88,735,000
Total Liabilities and Shareholders’ Equity	$ 66,905,000	$ 97,685,000