General form of registration statement for all companies including face-amount certificate companies

Consolidated Balance Sheets

v3.24.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Dec. 31, 2022
Current assets      
Cash   $ 2,143 $ 58
Other receivables $ 86 84 19
Prepaid expenses 1,349 28 6
Total current assets 2,665 2,255 83
Non current assets      
Long term deposits   0 52
Intangible assets, net 1,109 386 0
Total non current assets 2,646 386 52
TOTAL ASSETS 5,311 2,641 135
Current liabilities      
Trade payables   455 420
Accrued liabilities   1,902 855
Deferred revenue   0 909
Total current liabilities 2,535 2,532 2,361
TOTAL LIABILITIES 2,535 2,532 2,361
COMMITMENTS AND CONTINGENCIES (Note 10)
SHAREHOLDERS’ EQUITY (DEFICIT)      
Preferred shares, $0.00001 par value: 30,000,000 shares authorized at December 31, 2023 and 2022; 16,116,957 and no shares issued and outstanding at December 31, 2023 and 2022, respectively 0 0 0
Common shares, $0.00001 par value: 2,470,000,000 shares authorized at December 31, 2023 and 2022; 35,369,877 and 2,552,744 issued and outstanding at December 31, 2023 and 2022, respectively 1 0 0
Additional paid-in capital 86,074 76,733 71,795
Accumulated deficit (83,299) (76,624) (74,021)
TOTAL SHAREHOLDERS’ EQUITY (DEFICIT) 2,776 109 (2,226)
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 5,311 2,641 135
Related Party [Member]      
Current liabilities      
Related party payable   175 $ 177
Accrued liabilities $ 1,153 $ 1,902