Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash $ 78,000 $ 70,000
Prepaid expenses 11,000 12,000
Total current assets 89,000 82,000
Property and equipment, net of accumulated depreciation of $100,000 and $99,000 at March 31, 2024 and December 31, 2023, respectively 1,000 2,000
Total assets 90,000 84,000
Current liabilities:    
Accounts payable-license agreements-past due 2,256,000 2,198,000
Accounts payable and accrued expenses 982,000 972,000
Convertible debentures, net of discounts of $30,000 and $25,000, respectively; includes $2,071,000 and $2,022,000, respectively, in default 2,184,000 2,101,000
PPP loan payable 50,000 57,000
Total current liabilities 5,472,000 5,328,000
Total liabilities 5,472,000 5,328,000
Commitments and contingencies
Stockholders’ deficit    
Common stock, $.001 par value: 500,000,000 shares authorized, 397,931,803 and 392,586,471 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 397,932 392,587
Additional paid-in capital 120,035,068 119,729,413
Accumulated deficit (125,815,000) (125,366,000)
Total stockholders’ deficit (5,382,000) (5,244,000)
Total liabilities and stockholders’ deficit $ 90,000 $ 84,000