Balance Sheet

v3.25.1

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 2,594	$ 1,783
Prepaid expenses and other current assets	78	67
Total assets	2,672	1,850
Current liabilities:
Warrant liability	16	586
Total current liabilities	816	1,196
Total liabilities	816	1,196
Commitments and Contingencies (Note 6)
Stockholders’ equity
Preferred stock ($0.0001 par value), 2,000,000 shares authorized Class A Preferred stock, 250,000 shares issued and outstanding as of December 31, 2023 and 2022, respectively	0	0
Common shares, 200,000,000 shares authorized and 2,108,670 shares issued and outstanding as of December 31, 2024; and 75,000,000 shares authorized and 341,324 shares issued and outstanding as of December 31, 2023	0	3
Additional paid-in capital	105,377	92,507
Accumulated deficit	(102,580)	(90,928)
Total stockholders’ equity attributed to the Company	2,797	1,582
Non-controlling interests	(941)	(928)
Total stockholders’ equity	1,856	654
Total liabilities and stockholders’ equity	2,672	1,850
Nonrelated Party [Member]
Current liabilities:
Accounts payable and accrued expenses	654	287
Related Party [Member]
Current liabilities:
Accounts payable and accrued expenses	$ 146	$ 323

- Definition

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

Balance Sheet

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