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Statements of Cash Flows - Vallon - Q1 - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Operating activities:              
Net loss $ (6,746) $ (2,150) $ (295) $ (302) $ (11,033) $ (948)  
Adjustments to reconcile net loss to cash used in operating activities:              
Stock-based compensation expense         352 0  
Change in fair value of warrant liability         18 0  
Change in operating assets and liabilities:              
Prepaid expenses and other current assets         (836) (7)  
Accounts payable         4,860 77  
Accrued expenses         1,106 590  
Cash used in operating activities         (3,430) (241)  
Investing activities:              
Cash used in investing activities         (8) 0  
Financing activities:              
Cash provided by financing activities         6,917 255  
Net increase in cash and cash equivalents         3,479 14  
Cash and cash equivalents at beginning of period   9   90 9 90 $ 90
Cash and cash equivalents at end of period         3,488 104 9
GRI Bio, Inc. (Formerly Vallon Pharmaceuticals, Inc.)              
Operating activities:              
Net loss   (2,396)   (2,635)      
Adjustments to reconcile net loss to cash used in operating activities:              
Operating cash flows from finance lease amortization   0   19      
Amortization of marketable securities premiums   0   16      
Stock-based compensation expense   85   181      
Change in fair value of warrant liability   63   0      
Change in operating assets and liabilities:              
Prepaid expenses and other current assets   (62)   39      
Accounts payable   (448)   315      
Accrued expenses   642   (225)      
Cash used in operating activities   (2,116)   (2,290)      
Investing activities:              
Maturities of marketable securities   0   1,154      
Cash used in investing activities   0   1,154      
Financing activities:              
Payment of finance lease liability   0   (23)      
Cash provided by financing activities   0   (23)      
Net increase in cash and cash equivalents   (2,116)   (1,159)      
Cash and cash equivalents at beginning of period $ 1,665 3,781 $ 2,543 3,702 $ 3,781 $ 3,702 3,702
Cash and cash equivalents at end of period   $ 1,665   $ 2,543     $ 3,781