v3.25.2
CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating expenses:        
Research and development $ 84 $ 1,430 $ 177 $ 2,918
General and administrative 1,051 2,779 2,921 5,868
Loss from operations (1,135) (4,209) (3,098) (8,786)
Other income :        
Interest income 60 149 137 345
Change in fair value of warrant liability 0 0 294 0
Foreign currency loss 0 (4) 0 (4)
Net loss (1,075) (4,064) (2,667) (8,445)
Net loss attributable to common stockholders, basic (486) (4,064) (1,206) (8,445)
Net loss attributable to common stockholders, diluted $ (486) $ (4,064) $ (1,206) $ (8,445)
Weighted-average shares of common stock outstanding, basic 98,503,430 54,392,170 98,503,430 54,392,170
Weighted-average shares of common stock outstanding, diluted 98,503,430 54,392,170 98,503,430 54,392,170
Net loss per share of common stock, basic $ (0) $ (0.07) $ (0.01) $ (0.16)
Net loss per share of common stock, diluted $ (0) $ (0.07) $ (0.01) $ (0.16)
Series B Redeemable Convertible Preferred Stockholders [Member]        
Other income :        
Net loss attributable to common stockholders, basic $ (589) $ 0 $ (1,461) $ 0
Net loss attributable to common stockholders, diluted $ (589) $ 0 $ (1,461) $ 0
Series B Redeemable Convertible Preferred Stock [Member]        
Other income :        
Weighted-average shares of common stock outstanding, basic 119,318 0 119,318 0
Weighted-average shares of common stock outstanding, diluted 119,318 0 119,318 0
Net loss per share of common stock, basic $ (4.94) $ 0 $ (12.24) $ 0
Net loss per share of common stock, diluted $ (4.94) $ 0 $ (12.24) $ 0