v3.25.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (5,593) $ (4,916)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 342 408
Net change in fair value of trading marketable securities 0 (185)
Non-cash lease expense 17 16
Amortization of debt discounts and debt issuance costs 54 0
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 58 40
Accounts payable and accrued liabilities 3,046 (368)
Accounts payable - related parties (36) 14
Accrued interest 18 0
Fixed cash payments related to operating leases (17) (14)
Net cash used in operating activities (2,111) (5,005)
CASH FLOWS FROM INVESTING ACTIVITIES    
Investment in trading marketable securities 0 (481)
Proceeds from disposition of marketable securities 0 3,500
Net cash provided by investing activities 0 3,019
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of common shares for cash, net 1,079 55
Proceeds from issuance of convertible notes, net 737 0
Net cash provided by financing activities 1,816 55
Effect of exchange rate changes on cash 23 (3)
Net change in cash and cash equivalents (272) (1,934)
Cash and cash equivalents - beginning of period 2,338 2,815
Cash and cash equivalents - end of period 2,066 881
Supplemental Cash Flow Information    
Cash paid for interest 0 0
Cash paid for income taxes 0 0
NON-CASH FINANCING AND INVESTING ACTIVITIES:    
Initial recognition of the right-of-use asset and lease liability $ 0 $ 111