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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Royalties and milestones, net $ 0 $ 0
Total revenues 0 0
Operating expenses:    
General and administrative 326 285
Total operating expenses 326 285
Operating loss (326) (285)
Interest and dividend income 647 447
Income before income tax benefit 321 162
Income tax (expense) benefit (1) 35
Net income 320 197
Dividends on Series C preferred stock (531) (531)
Net loss available to common shareholders $ (211) $ (334)
Loss per common share    
Basic $ 0.00 $ 0.00
Diluted $ 0.00 $ 0.00
Weighted average number of common shares - basic 74,215 74,215
Weighted average number of common shares - diluted 74,215 74,215