Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF CASH FLOWS (unaudited)

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CONDENSED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net loss $ (1,060) $ (1,675)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2 43
Stock-based compensation 290
Other (1)
Changes in operating assets and liabilities:    
Notes receivable 1,000
Receivables (87) 18
Prepaid expenses and other assets (119) (99)
Accounts payable 22 (70)
Deferred grant revenue (12) (98)
Other accrued liabilities (358) (308)
Net cash used in operating activities (613) (1,899)
Net decrease in cash, cash equivalents and restricted cash (613) (1,899)
Cash, cash equivalents and restricted cash at beginning of period 6,772 3,133
Cash, cash equivalents and restricted cash at end of period 6,159 1,234
Supplemental cash flow information:    
Interest paid 13
Note payable to related party converted to common stock 500
Accrued interest net of tax converted to common stock 5
Cash and cash equivalents 6,159 1,136
Restricted cash 98
Cash, cash equivalents and restricted cash shown in the condensed statements of cash flows $ 6,159 $ 1,234