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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash $ 7,562 $ 13,143
Prepaid expenses and other current assets 281 457
Total current assets 7,843 13,600
Property and equipment, net 3 249
Operating right-of-use asset 664 1,211
Rights from Private Placement 2,070 2,250
Restricted cash 125 125
Total assets 10,705 17,435
Current liabilities:    
Accounts payable 4,333 6,635
Accrued expenses and other current liabilities 1,857 3,527
Deferred revenue 0 442
Notes payable, current portion 615 0
Operating lease liability, current portion 767 843
Finance lease liabilities, current portion 43 40
Total current liabilities 7,615 11,487
Notes payable 150 748
Operating lease liability, net of current portion 0 547
Finance lease liabilities, net of current portion 51 83
Total liabilities 7,816 12,865
Commitments and contingencies (Note 6)
Shareholders' equity (deficit):    
Common stock, $0.001 par value; 125,000 shares authorized as of September 30, 2023 and December 31, 2022; 10,215 and 8,318 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 10 8
Additional paid-in capital 165,839 156,106
Accumulated deficit (163,135) (151,690)
Total stockholders equity attributable to Kineta, Inc. 2,714 4,424
Noncontrolling interest 175 146
Total stockholders' equity 2,889 4,570
Total liabilities and stockholders' equity $ 10,705 $ 17,435