Balance Sheet

v3.25.1

Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 3,502	$ 2,594
Prepaid expenses and other current assets	92	78
Total assets	3,594	2,672
Current Liabilities:
Warrant liability	1	16
Total current liabilities	1,262	816
Total liabilities	1,262	816
Commitments and contingencies
Stockholders’ equity
Class A Preferred Stock, 250,000 shares issued and outstanding as of March 31, 2025 and December 31, 2024	0	0
Common shares, 3,183,603 and 2,108,670 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively	0	0
Additional paid-in capital	107,942	105,377
Accumulated deficit	(104,432)	(102,580)
Total stockholders’ equity attributed to the Company	3,510	2,797
Non-controlling interests	(1,178)	(941)
Total stockholders’ equity	2,332	1,856
Total liabilities and stockholders’ equity	3,594	2,672
Nonrelated Party [Member]
Current Liabilities:
Accounts payable and accrued expenses	1,003	654
Related Party [Member]
Current Liabilities:
Accounts payable and accrued expenses	$ 258	$ 146

- 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

Source