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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash $ 1,179 $ 176
Prepaid expenses 1,235 2,132
Total current assets 2,414 2,308
Other assets 1,053 1,205
Total assets 3,467 3,513
Current liabilities    
Accounts payable 4,117 4,372
Upfront payment for license agreement 0 100
Accrued expenses 2,258 1,523
Contract liabilities, current portion 112 0
Notes payable, net of deferred financing costs 3,140 565
Convertible notes, current portion 0 4,179
Liability classified warrants 303 2,307
Total current liabilities 9,930 13,046
Notes payable, net of deferred financing costs 0 4,143
Contract liabilities, net of current portion 438 0
Convertible notes, net of current portion 0 194
Total liabilities 10,368 17,383
Commitments and contingencies (Note 10)
Stockholders' deficit    
Preferred stock - $0.0001 par value per share; 10,000,000 shares authorized at June 30, 2024 and December 31, 2023; no shares issued and outstanding at June 30, 2024 and December 31, 2023 0 0
Common stock - $0.0001 par value per share; 500,000,000 shares authorized; 3,221,104 and 1,904,611 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 1 1
Additional paid-in capital 123,765 100,863
Accumulated deficit (130,667) (114,734)
Total stockholders' deficit (6,901) (13,870)
Total liabilities, convertible preferred stock and stockholders' deficit $ 3,467 $ 3,513