Exhibit 99.1 PAINREFORM LTD. CONDENSED FINANCIAL STATEMENTS AS OF MARCH 31, 2023 U.S. DOLLARS IN THOUSANDS UNAUDITED INDEX Page Condensed Balance Sheets F-2 Condensed Statements of Comprehensive Loss F-3 Condensed Statements of Changes in Shareholders’ Equity F-4 Condensed Statements of Cash Flows F-5 Notes to Condensed Financial Statements F-6 - F-11 PAINREFORM LTD. CONDENSED BALANCE SHEETS U.S. dollars in thousands As of As of December March 31, 31, 2023 2022 Assets Current assets: Cash and cash equivalen ...