UNAUDITED CONDENSED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands |
3 Months Ended | 12 Months Ended | ||
---|---|---|---|---|
Mar. 31, 2025 |
Mar. 31, 2024 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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Operating expenses: | ||||
General and administrative | $ 264 | $ 96 | $ 645 | $ 1,062 |
Research and development | 1,614 | 2,685 | 3,757 | |
Total operating expenses | 264 | 1,710 | 3,330 | 4,819 |
Loss from operations | (264) | (1,710) | (3,330) | (4,819) |
Other income (expense): | ||||
Interest expense, related parties | (116) | (63) | (339) | (175) |
Interest income | 52 | 19 | 123 | 10 |
Total other income (expense), net | (64) | (44) | (216) | (165) |
Net loss | (328) | (1,754) | (3,546) | (4,984) |
Class A Member Units | ||||
Other income (expense): | ||||
Net loss | $ (161) | $ (859) | $ (1,738) | $ (2,442) |
Net loss per unit, basic (In dollars per unit) | $ 0 | $ (0.01) | $ (0.02) | $ (0.03) |
Net loss per unit, diluted (In dollars per unit) | $ 0 | $ (0.01) | $ (0.02) | $ (0.03) |
Weighted average units outstanding, basic (In shares) | 95,555,554 | 95,555,554 | 95,555,554 | 85,825,570 |
Weighted average units outstanding, diluted (In shares) | 95,555,554 | 95,555,554 | 95,555,554 | 85,825,570 |
Class B Member Units | ||||
Other income (expense): | ||||
Net loss | $ (167) | $ (895) | $ (1,808) | $ (2,542) |
Net loss per unit, basic (In dollars per unit) | $ (0.01) | $ (0.05) | $ (0.11) | $ (0.15) |
Net loss per unit, diluted (In dollars per unit) | $ (0.01) | $ (0.05) | $ (0.11) | $ (0.15) |
Weighted average units outstanding, basic (In shares) | 16,666,666 | 16,666,666 | 16,666,666 | 16,666,666 |
Weighted average units outstanding, diluted (In shares) | 16,666,666 | 16,666,666 | 16,666,666 | 16,666,666 |
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Per unit of ownership amount after tax of income (loss) available to limited partnership (LP) unit-holder and units that would have been outstanding assuming the issuance of limited partner units for dilutive potential units outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Per unit of ownership amount after tax of income (loss) available to outstanding limited partnership (LP) unit-holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expense for research and development. Includes, but is not limited to, cost for computer software product to be sold, leased, or otherwise marketed and writeoff of research and development assets acquired in transaction other than business combination or joint venture formation or both. Excludes write-down of intangible asset acquired in business combination or from joint venture formation or both, used in research and development activity. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Weighted average number of limited partnership units outstanding determined by relating the portion of time within a reporting period that limited partnership units have been outstanding to the total time in that period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Weighted average number of limited partnership units outstanding determined by relating the portion of time within a reporting period that limited partnership units have been outstanding to the total time in that period. Used in the calculation of diluted net income or loss per limited partnership unit. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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