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Condensed Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 19,504 $ 10,775
Short-term Investments 43,543 56,814
Prepaid expenses and other current assets 2,545 2,249
Total current assets 65,592 69,838
Right-of-use assets 589 736
Property and equipment 7 9
Other long-term assets 35 33
Total assets 66,223 70,616
Current liabilities:    
Accounts payable 1,939 1,310
Accrued research and development expenses 3,790 4,168
Accrued compensation and related expenses 1,238 2,438
Accrued other expenses 559 490
Right-of-use liabilities, current portion 375 358
Total current liabilities 7,901 8,764
Right-of-use liabilities, net of current portion 214 382
Commitments and contingencies (see Note 9)
Stockholders' equity:    
Preferred Stock, Value, Issued 0 0
Common Stock, Value, Issued 2 1
Additional paid-in-capital 170,993 148,303
Accumulated other comprehensive loss (290) (692)
Accumulated deficit (112,597) (86,142)
Total stockholders' equity 58,108 61,470
Total liabilities and stockholders' equity 66,223 70,616
Non-Voting Common Stock [Member]    
Stockholders' equity:    
Common Stock, Value, Issued $ 0 $ 0