Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF CASH FLOWS

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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net loss $ (1,947) $ (3,130)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share based compensation 230 431
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 43 96
Accounts payable and accrued expenses (441) 92
Accounts payable and accrued expenses - related party 104 23
Net cash used in operating activities (2,011) (2,488)
Cash flows from investing activities:    
Milestone payment for research and development licenses 0 (1,000)
Net cash used in investing activities 0 (1,000)
Net change in cash (2,011) (3,488)
Cash and cash equivalents, beginning of period 3,132 8,745
Cash and cash equivalents, end of period $ 1,121 $ 5,257