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Balance Sheets - Vallon - 10-K - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 9  
Prepaid expenses and other current assets 303  
Total current assets 312  
Total assets 383  
Current liabilities:    
Accounts payable 1,294  
Accrued expenses 36  
Warrant liability 0  
Total current liabilities 1,994  
Total liabilities 2,008  
Commitments and contingencies (Note 12)  
Stockholders' equity (deficit):    
Common stock, 0.0001 par value; 250,000,000 shares authorized as of September 30, 2023 and December 31, 2022; 2,956,354 and 999,748 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 0  
Additional paid-in-capital 16,871  
Accumulated deficit (18,496)  
Total stockholders’ equity (deficit) (1,625) $ (4,848)
Total liabilities, mezzanine equity, and stockholders' deficit 383  
Vallon Pharmaceuticals, Inc.    
Current assets:    
Cash and cash equivalents 3,781 3,702
Marketable securities, available-for-sale 0 3,808
Prepaid expenses and other current assets 371 619
Total current assets 4,152 8,129
Other assets 0 206
Total assets 4,152 8,335
Current liabilities:    
Accounts payable 977 918
Accrued expenses 711 1,430
Warrant liability 122 0
Other current liabilities 0 97
Total current liabilities 1,810 2,445
Other liabilities 0 72
Total liabilities 1,810 2,517
Commitments and contingencies (Note 12)
Stockholders' equity (deficit):    
Common stock, 0.0001 par value; 250,000,000 shares authorized as of September 30, 2023 and December 31, 2022; 2,956,354 and 999,748 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 1 0
Additional paid-in-capital 31,267 27,722
Accumulated other comprehensive loss 0 (2)
Accumulated deficit (28,926) (21,902)
Total stockholders’ equity (deficit) 2,342 5,818
Total liabilities, mezzanine equity, and stockholders' deficit $ 4,152 $ 8,335