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Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 2,380 $ 3,620
Short-term investments 36,687 42,792
Prepaid expenses and other current assets 469 511
Total Current Assets 39,536 46,923
Property and equipment, net 252 334
Operating lease right-of-use assets, net 1,176 1,347
Security deposits and other assets 31 31
Total Assets 40,995 48,635
Current Liabilities:    
Accounts payable, accrued expenses and other current liabilities 1,344 1,033
Current portion of operating lease liabilities 351 338
Total Current Liabilities 1,695 1,371
Long-term operating lease liabilities 882 1,064
Total Liabilities 2,577 2,435
Commitments and Contingencies
Stockholders’ Equity:    
Preferred stock, par value $0.00001, 10,000 shares authorized: no shares issued or outstanding
Common stock, par value $0.00001, 250,000 shares authorized, 13,330 and 13,317 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively
Additional paid-in capital 178,402 176,236
Accumulated deficit (139,984) (130,036)
Total Stockholders’ Equity 38,418 46,200
Total Liabilities and Stockholders’ Equity $ 40,995 $ 48,635