Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.23.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Aug. 31, 2021
Current Assets      
Cash and cash equivalents $ 6,888 $ 12,162 $ 6,629
Trading marketable securities 9,150 11,951 3,436
Available-for-sale securities (amortized cost of $1,502, $0 and $0, respectively) 1,495 0 0
Prepaid expenses and other current assets 789 496 252
Total Current Assets 18,322 24,609 10,317
Available-for-sale securities (amortized cost of $0, $1,521 and $0, respectively) 0 1,519 0
Operating lease right-of-use assets 60 81 90
Intangible asset 2,039 2,039 2,039
Other assets 3 3 189
TOTAL ASSETS 20,424 28,251 12,635
Current Liabilities      
Accounts payable and accrued liabilities 905 975 471
Due to related parties 53 21 27
Operating lease liabilities - current portion 40 31 28
Total Current Liabilities 998 1,027 526
Operating lease liabilities 23 57 67
TOTAL LIABILITIES 1,021 1,084 593
STOCKHOLDERS' EQUITY      
Preferred Stock, par value $0.001, 416,667 shares authorized, 0 shares issued and outstanding 0 0 0
Common Stock, par value $0.001, 50,000,000 shares authorized, 2,855,688, 2,820,068 and 1,635,109 shares issued and outstanding, respectively 3 3 2
Additional paid-in capital 50,675 48,120 28,925
Accumulated deficit (31,021) (20,938) (16,903)
Accumulated other comprehensive income (loss) (254) (18) 18
Total Stockholders' Equity 19,403 27,167 12,042
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 20,424 $ 28,251 $ 12,635