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Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 32,347 $ 9,701
Prepaid expenses and other current assets 5,394 3,698
Total current assets 37,741 13,399
Right of use asset, net 772 766
Property, plant and equipment, net 61 26
Total assets 38,574 14,191
Current liabilities:    
Accounts payable 548 839
Accrued liabilities 2,992 3,234
Warrant liability 6,377 13,134
Operating lease liability - current 542 327
Total current liabilities 10,459 17,534
Operating lease liability – long term 265 466
Total liabilities 10,724 18,000
Commitments and contingencies (Note 8)
Stockholders’ (deficit) equity:    
Common stock, $0.001 par value per share – 200,000,000 shares authorized at December 31, 2023 and 400,000,000 shares authorized at September 30, 2024; 34,756,049 and 97,858,406 shares issued and outstanding at December 31, 2023 and September 30, 2024, respectively 98 35
Additional paid-in capital 107,497 60,697
Accumulated deficit (79,745) (64,541)
Total stockholders’ (deficit) equity 27,850 (3,809)
Total liabilities and stockholders’ (deficit) equity 38,574 14,191
Series A-2 Preferred Stock    
Stockholders’ (deficit) equity:    
Preferred stock value
Series B-2 Preferred Stock    
Stockholders’ (deficit) equity:    
Preferred stock value
Preferred Stock    
Stockholders’ (deficit) equity:    
Preferred stock value