v3.25.2
Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 3 $ 8
Accounts receivable 40 17
Intangible digital assets 3
Total current assets 46 25
Non-current assets    
Property and equipment, at cost, net 803 907
Total assets 849 932
Current liabilities    
Accrued expenses and other payables 296 244
Security deposit 45 45
Convertible note payable, net of discount 1,269 1,329
Operating lease liability 68 96
Warrant derivative liability 684 4,253
Derivative liability 311 3,344
Common stock to be issued 8
Total current liabilities 3,443 9,770
Non-current liabilities    
Operating lease liability long-term 20
Total liabilities 3,443 9,790
Commitments and Contingencies (Note 10)
Stockholders’ Deficit    
Common stock, $0.001 par value; 2,500,000,000 shares authorized; 1,140,670,903 and 849,170,903 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively. 1,141 849
Additional paid-in capital 422,736 422,332
Accumulated deficit (426,471) (432,039)
Total stockholders’ deficit (2,594) (8,858)
Total Liabilities and Stockholders’ Deficit 849 932
Undesignated Preferred Stock [Member]    
Stockholders’ Deficit    
Preferred stock value
Series B Preferred Stock [Member]    
Stockholders’ Deficit    
Preferred stock value
Series C Preferred Stock [Member]    
Stockholders’ Deficit    
Preferred stock value
Nonrelated Party [Member]    
Current liabilities    
Accounts payable 507 404
Note payable 200 25
Related Party [Member]    
Current liabilities    
Accounts payable 40 15
Note payable $ 15 $ 15