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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Royalties and milestones, net $ 0 $ 0 $ 0 $ 0
Total revenues 0 0 0 0
Operating expenses:        
General and administrative 318 303 603 600
Total operating expenses 318 303 603 600
Operating loss (318) (303) (603) (600)
Interest and dividend income 553 90 1,000 92
Income (loss) before income tax benefit 235 (213) 397 (508)
Income tax (expense) benefit (52)   (17) 4
Net income (loss) 183 (213) 380 (504)
Accretion of dividend on Series C preferred stock (531) (531) (1,062) (1,062)
Net loss available to common shareholders $ (348) $ (744) $ (682) $ (1,566)
Loss per common share        
Basic loss per common share $ 0.00 $ (0.01) $ (0.01) $ (0.02)
Diluted loss per common share $ 0.00 $ (0.01) $ (0.01) $ (0.02)
Weighted-average number of shares - basic 74,215 74,215 74,215 74,215
Weighted-average number of shares - diluted 74,215 74,215 74,215 74,215