v3.25.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 2,937 $ 1,754
Short-term investments 36,004 41,399
Prepaid expenses and other current assets 538 581
Total Current Assets 39,479 43,734
Property and equipment, net 142 182
Operating lease right-of-use assets, net 925 1,007
Security deposits and other assets 31 31
Total Assets 40,577 44,954
Current Liabilities:    
Accounts payable, accrued expenses and other current liabilities 1,291 1,731
Current portion of operating lease liabilities 370 364
Total Current Liabilities 1,661 2,095
Long-term operating lease liabilities 609 700
Total Liabilities 2,270 2,795
Commitments and Contingencies (Note 8)
Stockholders’ Equity:    
Preferred stock, par value $0.00001, 10,000 shares authorized: no shares issued or outstanding
Common stock, par value $0.00001, 250,000 shares authorized, 17,536 shares issued and outstanding as of March 31, 2025 and December 31, 2024
Additional paid-in capital 194,665 194,014
Accumulated deficit (156,358) (151,855)
Total Stockholders’ Equity 38,307 42,159
Total Liabilities and Stockholders’ Equity $ 40,577 $ 44,954