v3.25.2
Note 2 - Summary of Significant Accounting Policies - Segment Reporting (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues $ 212   $ 93   $ 355 $ 175
Cost of revenues 14   16   25 21
Acquired in-process research and development 1,848   0   1,967 0
Research and development expense 155   81   258 118
Interest income (3)   (7)   (21) (40)
Change in fair value of royalties payable due to related parties 1,667   1,504   2,830 1,590
Income tax benefit (950)   0   (1,674) 0
Segment net loss (5,458) $ (4,045) (4,220) $ (2,675) (9,503) (6,895)
Operating Segments [Member]            
Revenues 212   93   355 175
Cost of revenues 14   16   25 21
Acquired in-process research and development 1,848   0   1,967 0
Depreciation and amortization expense 529   526   1,060 1,048
Stock-based compensation expense 98   13   189 19
Salaries and benefits expense 1,310   1,060   2,624 1,721
Professional fees 317   374   1,044 1,046
Research and development expense 155   81   258 118
Interest income (3)   (7)   (21) (40)
Interest expense 67   5   116 8
Change in fair value of royalties payable due to related parties 1,667   1,504   2,830 1,590
Change in fair value of trading debt securities (10)   0   (10) 0
Income tax benefit (950)   0   (1,674) 0
Other segment items (1) [1] 628   741   1,450 1,539
Segment net loss (5,458)   (4,220)   (9,503) (6,895)
Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member]            
Segment net loss $ 0   $ 0   $ 0 $ 0
[1] Other segment items include consulting fees of $91 thousand, investor relations and SEC fees of $257 thousand, insurance fees of $82 thousand, and other selling, general, and administrative expenses of $392 thousand for the three months ended March 31, 2025. Other segment items include other expenses, net of $3 thousand, consulting fees of $149 thousand, investor relations and SEC fees of $136 thousand, insurance fees of $134 thousand, and other selling, general, and administrative expenses of $375 thousand for the three months ended March 31, 2024. Other selling, general, and administrative expenses primarily consist of travel expenses, computer and information technology expenses, and rent expenses.