ACCRUED EXPENSES - 10-K

9 Months Ended

Sep. 30, 2023

Accrued Expenses [Line Items]

ACCRUED EXPENSES

ACCRUED EXPENSES

Accrued expenses consist of the following:

	September 30, 2023		December 31, 2022
Research and development	$	75	$	—
General and administrative	188		—
Payroll and related	880		36
Total accrued expenses	$	1,143	$	36

Private GRI

Accrued Expenses [Line Items]

ACCRUED EXPENSES

ACCRUED EXPENSES

	December 31,
	2022		2021
Accrued compensation	$	33	$	142
Accrued interest	—		1,111
Other	3		18
	$	36	$	1,271

In March 2021 and December 2022, two Company executives agreed to forego $1,406 and $417, respectively, of accrued compensation in exchange for restricted stock awards and legally released the Company from the obligations to pay such amounts. Accordingly, the Company de-recognized the respective liabilities and recognized corresponding increases to additional paid-in capital in each year.