Note 10 - Subsequent Events |
6 Months Ended | ||
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Jun. 30, 2025 | |||
| Notes to Financial Statements | |||
| Subsequent Events [Text Block] |
On July 2, 2025, we closed a public offering of an aggregate of 9,235,000 units (the “Units”), consisting of (i) 9,235,000 shares of our common stock and (ii) warrants to purchase 18,470,000 shares of common stock. The public offering price for each Unit was $0.65. The warrants have an exercise price of $0.65 per share, are immediately exercisable and will expire years from the date of issuance. Net proceeds after deducting placement agent fees and expenses and other offering expenses were approximately $5.6 million.
During July 2025, we issued 200,000 shares of our common stock upon the exercise of warrants, with net cash proceeds to us of $130,000.
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