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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Cash Flows from Operating Activities          
Net loss $ (1,047) $ (312) $ (1,623) $ (694) $ 1,812
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:          
Amortization expense     120 120  
Amortization of debt discount 115 10 154 30  
Fair value of common shares issued in connection with the conversion of accounts payable     537  
Fair value of restricted stock units     5  
Fair value of warrants issued in connection with convertible notes payable     29  
Changes in operating assets and liabilities:          
Vendor advances     (1,515)  
Prepaid expenses and other current assets     (2) (17)  
Accounts payable and accrued expenses     143 576  
Net cash provided by (used in) operating activities     (2,152) 15  
Cash Flows from Financing Activities          
Proceeds from common stock issued for cash in connection with the closing of the initial public offering     5,524  
Proceeds, net of offering costs from notes payable - officers     142  
Payment of deferred offering costs     (390) (353)  
Net cash provided by (used in) financing activities     5,276 (353)  
Net increase (decrease) in cash     3,124 (338)  
Cash beginning of period     93 437 437
Cash end of period $ 3,217 $ 99 3,217 99 $ 93
Supplemental cash flows disclosures:          
Interest paid      
Taxes paid      
Supplemental non-cash financing disclosures:          
Reclassification of deferred offering costs to shareholders’ equity     872  
Conversion of convertible notes payable and accrued interest to shareholders’ equity     884  
Conversion of accounts payable to shareholders’ equity     1,014  
Conversion of amounts due to related parties to shareholders’ equity     $ 4