CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 8,680	$ 26,884
Prepaid expenses and other current assets	1,403	2,716
Total current assets	10,083	29,600
Property and equipment, net	75	58
Contract asset, net of current portion	64	0
Operating lease right-of-use asset	49	59
Total assets	10,271	29,717
Current liabilities:
Accounts payable	571	1,605
Accrued liabilities	2,457	3,136
Lease liability	49	69
Total current liabilities	3,077	4,810
Commitments and contingencies (Note 6)
Stockholders’ equity:
Common stock, $0.01 par value, 300,000,000 shares authorized as of December 31, 2022 and 2021; 3,018,940 and 2,652,828 shares issued and outstanding as of December 31, 2022 and 2021, respectively	30	27
Additional paid-in capital	173,633	170,247
Accumulated deficit	(166,469)	(145,367)
Total stockholders’ equity	7,194	24,907
Total liabilities and stockholders’ equity	$ 10,271	$ 29,717

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).