v3.25.2
STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT (UNAUDITED) - USD ($)
$ in Thousands
Common stock
Additional paid-in capital
Treasury stocks
Accumulated deficit
Total
Balance at Dec. 31, 2023 $ 13 [1] $ 210,258 $ (116) $ (215,013) $ (4,858)
Balance (in shares) at Dec. 31, 2023 [2],[3] 4,032,614        
Stock-based compensation related to stock and options granted to directors and employees   170     170
Issuance of shares in at-the-market (ATM) offering (Note 5)   2,539     2,539
Issuance of shares in at-the-market (ATM) offering (Note 5) (in shares) [2],[3] 530,532        
Net loss       (3,401) (3,401)
Balance at Mar. 31, 2024 $ 13 [1] 212,967 (116) (218,414) (5,550)
Balance (in shares) at Mar. 31, 2024 [2],[3] 4,563,146        
Balance at Dec. 31, 2023 $ 13 [1] 210,258 (116) (215,013) (4,858)
Balance (in shares) at Dec. 31, 2023 [2],[3] 4,032,614        
Net loss         (5,942)
Balance at Jun. 30, 2024 $ 14 [1] 217,530 (116) (220,955) (3,527)
Balance (in shares) at Jun. 30, 2024 [2],[3] 5,309,796        
Balance at Mar. 31, 2024 $ 13 [1] 212,967 (116) (218,414) (5,550)
Balance (in shares) at Mar. 31, 2024 [2],[3] 4,563,146        
Stock-based compensation related to stock and options granted to directors and employees   194     194
Stock-based compensation related to stock and options granted to directors and employees (in shares) [2],[3] 111,721        
Issuance of shares in at-the-market (ATM) offering (Note 5)   725     725
Issuance of shares in at-the-market (ATM) offering (Note 5) (in shares) [2],[3] 107,011        
Issuance of shares for private placement (Note 5) $ 1 [1] 3,644     3,645
Issuance of shares for private placement (Note 5) (in shares) [2],[3] 527,918        
Net loss       (2,541) (2,541)
Balance at Jun. 30, 2024 $ 14 [1] 217,530 (116) (220,955) (3,527)
Balance (in shares) at Jun. 30, 2024 [2],[3] 5,309,796        
Balance at Dec. 31, 2024 $ 14 218,974 (116) (226,636) (7,764)
Balance (in shares) at Dec. 31, 2024 6,141,762        
Stock-based compensation related to stock and options granted to directors and employees   717     717
Issuance of shares in at-the-market (ATM) offering (Note 5)   685     685
Issuance of shares in at-the-market (ATM) offering (Note 5) (in shares) 388,059        
Exercise of warrants (Note 5) $ 1 1,768     1,769
Exercise of warrants (Note 5) (in shares) 1,381,383        
Net loss       (2,864) (2,864)
Balance at Mar. 31, 2025 $ 15 222,144 (116) (229,500) (7,457)
Balance (in shares) at Mar. 31, 2025 7,911,204        
Balance at Dec. 31, 2024 $ 14 218,974 (116) (226,636) (7,764)
Balance (in shares) at Dec. 31, 2024 6,141,762        
Net loss         (5,767)
Balance at Jun. 30, 2025 $ 16 226,446 (116) (232,403) (6,057)
Balance (in shares) at Jun. 30, 2025 10,120,109        
Balance at Mar. 31, 2025 $ 15 222,144 (116) (229,500) (7,457)
Balance (in shares) at Mar. 31, 2025 7,911,204        
Stock-based compensation related to stock and options granted to directors and employees   503     503
Issuance of shares in at-the-market (ATM) offering (Note 5) $ 1 3,349     3,350
Issuance of shares in at-the-market (ATM) offering (Note 5) (in shares) 1,927,655        
Debt-for-Equity Swap   450 [4]     $ 450
Debt-for-Equity Swap (in Shares) 281,250       281,250
Net loss       (2,903) $ (2,903)
Balance at Jun. 30, 2025 $ 16 $ 226,446 $ (116) $ (232,403) $ (6,057)
Balance (in shares) at Jun. 30, 2025 10,120,109        
[1] Represents an amount less than $1.
[2] Retroactively adjusted (See Note 5)
[3] Retroactively adjusted (See Note 5).
[4] During the reporting period, the Company settled outstanding accounts payable to a supplier in the amount of $450 through the issuance of 281,250 shares of common stock. This transaction was accounted for as a debt-for-equity swap.