Related Party Transactions |
6 Months Ended |
|---|---|
Jun. 30, 2025 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions |
Note 6 – Related Party Transactions
CorLyst, LLC (“CorLyst”) reimburses us for shared costs related to payroll, health insurance and rent based on actual costs incurred, which are recognized as a reduction of our general and administrative operating expenses being reimbursed in our condensed consolidated statement of operations. Included in our general and administrative expenses is approximately $31,000 and $27,000 of reimbursements from CorLyst during the three months ended June 30, 2025 and 2024, respectively, and $60,000 and $50,000 for the six months ended June 30, 2025 and 2024. At June 30, 2025, we included approximately $29,000 due from CorLyst as a current asset in Prepaid and Other. Our President, Research and Development is the CEO of CorLyst, and CorLyst is a stockholder.
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