Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES          
Net loss $ (1,992) $ (2,979) $ (2,219) $ (8,419)  
Adjustments to reconcile net loss to net cash used in operating activities:          
Stock based compensation - services     315 1,262  
Stock based compensation - officers, employees and board of directors     905 910  
Change in fair value of warrant liability (1,387) (5) (4,311) (23)  
Gain on extinguishment in settlement of vendor payable (14) (547)  
Change in operating lease right-of-use assets     51 46  
Unrealized (gain) loss on marketable securities     (38) 30  
Changes in operating assets and liabilities:          
(Increase) decrease in prepaid expenses     5 (32)  
Increase in deposits     (9)  
Increase (decrease) in accounts payable and accrued expenses     1,052 (1,729)  
(Decrease) in operating lease liability     (54) (37)  
Net Cash Used in Operating Activities     (4,841) (8,001)  
CASH FLOWS FROM INVESTING ACTIVITIES          
Sale (purchase) of investments     (4,332) 4,614  
Net Cash Provided by (Used in) Investing Activities     (4,332) 4,614  
CASH FLOWS FROM FINANCING ACTIVITIES          
Proceeds from issuance of common stock and prefunded warrants     6,268  
Cancellation of common stock upon settlement with former officer     (223)  
Net Cash Provided by (Used in) Financing Activities     6,268 (223)  
Net Decrease in Cash     (2,905) (3,610)  
Cash at Beginning of Period     5,672 8,968 $ 8,968
Cash at End of Period $ 2,767 $ 5,358 2,767 5,358 $ 5,672
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:          
Interest      
Income taxes paid      
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES          
Right-of-use assets exchanged for lease liabilities     260  
Initial recognition of fair value of warrant liability     5,831  
Fair value of common stock issued to a vendor to settle accounts payable     $ 591