Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

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BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 3,132 $ 8,745
Prepaid expenses and other current assets 113 170
Total Assets 3,245 8,915
Current Liabilities:    
Accounts payable and accrued expenses 857 1,101
Accounts payable and accrued expenses - related party 29 14
Licenses payable 0 1,000
Total current liabilities 886 2,115
Total Liabilities 886 2,115
Commitments and Contingencies
Stockholders' Equity    
Common Stock ($0.0001 par value), 50,000,000 shares authorized Common shares, 16,747,803 and 16,682,190 shares issued and outstanding as of December 31, 2020 and 2019, respectively 2 2
Additional paid-in capital 75,625 74,915
Accumulated deficit (73,268) (68,117)
Total Stockholders' Equity 2,359 6,800
Total Liabilities and Stockholders' Equity 3,245 8,915
Class A Preferred Shares    
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, 2020 and 2019, respectively $ 0 $ 0