INCOME TAXES - 10-K (Tables) - Private GRI

9 Months Ended

Sep. 30, 2023

Income Taxes [Line Items]

Schedule of Reconciliation of Provision for Income Taxes

The difference between the provision for income taxes and the amount expected by applying the federal statutory rate of 21% to pre-tax loss is due to the following:

	Year Ended
	December 31,
	2022		2021
Expected tax benefit based on federal statutory rate	$	(676)	$	(328)
State tax benefit	(242)		(144)
Permanent differences	288		567
Increase (decrease) in valuation allowance	630		(95)
Provision for income taxes	$	—	$	—

Schedule of Deferred Tax Assets and Liabilities

Significant components of deferred tax assets and liabilities, and the related valuation allowance, are as follows as of:

	December 31,
	2022		2021
Net operating loss (NOL) carryforwards	$	3,505	$	2,879
Stock-based compensation	188		188
Accrued compensation	10		42
Operating lease liabilities	21		34
Operating lease right-of-use assets	(20)		(34)
Capitalized research and experimental expenditures	68		—
Depreciation and amortization	7		(2)
State income taxes	(235)		(193)
Valuation allowance	(3,544)		(2,914)
Net deferred tax asset	$	—	$	—