v3.25.2
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIT - USD ($)
$ in Thousands
Total
Class A Common Stock
Additional Paid-in Capital
Retained Deficit
Shares, outstanding, beginning balance (in shares) at Dec. 31, 2023   1,121,738    
Shareholders' equity, beginning balance at Dec. 31, 2023 $ 14,751 $ 3 $ 78,410 $ (63,662)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock-based compensation 83   83  
Issuance of common stock (in shares)   48,327    
Common stock and warrant reclass from in-kind liability to APIC 4,250   4,250  
Net income (loss) (17,390)     (17,390)
Shares, outstanding, ending balance (in shares) at Mar. 31, 2024   1,170,065    
Shareholders' equity, ending balance at Mar. 31, 2024 1,694 $ 3 82,743 (81,052)
Shares, outstanding, beginning balance (in shares) at Dec. 31, 2023   1,121,738    
Shareholders' equity, beginning balance at Dec. 31, 2023 14,751 $ 3 78,410 (63,662)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income (loss) (34,308)      
Shares, outstanding, ending balance (in shares) at Jun. 30, 2024   1,180,709    
Shareholders' equity, ending balance at Jun. 30, 2024 (15,003) $ 3 82,964 (97,970)
Shares, outstanding, beginning balance (in shares) at Mar. 31, 2024   1,170,065    
Shareholders' equity, beginning balance at Mar. 31, 2024 1,694 $ 3 82,743 (81,052)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock-based compensation 185   185  
Issuance of common stock (in shares)   10,644    
Issuance of common stock 36   36  
Net income (loss) (16,918)     (16,918)
Shares, outstanding, ending balance (in shares) at Jun. 30, 2024   1,180,709    
Shareholders' equity, ending balance at Jun. 30, 2024 $ (15,003) $ 3 82,964 (97,970)
Shares, outstanding, beginning balance (in shares) at Dec. 31, 2024 1,843,852 1,843,852    
Shareholders' equity, beginning balance at Dec. 31, 2024 $ (16,334) $ 5 87,968 (104,307)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock-based compensation 46   46  
Issuance of common stock (in shares)   57,041    
Net income (loss) 455     455
Shares, outstanding, ending balance (in shares) at Mar. 31, 2025   1,900,893    
Shareholders' equity, ending balance at Mar. 31, 2025 $ (15,833) $ 5 88,014 (103,852)
Shares, outstanding, beginning balance (in shares) at Dec. 31, 2024 1,843,852 1,843,852    
Shareholders' equity, beginning balance at Dec. 31, 2024 $ (16,334) $ 5 87,968 (104,307)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income (loss) $ 4,057      
Shares, outstanding, ending balance (in shares) at Jun. 30, 2025 4,622,737 4,622,737    
Shareholders' equity, ending balance at Jun. 30, 2025 $ (7,064) $ 5 93,181 (100,250)
Shares, outstanding, beginning balance (in shares) at Mar. 31, 2025   1,900,893    
Shareholders' equity, beginning balance at Mar. 31, 2025 (15,833) $ 5 88,014 (103,852)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock-based compensation 557   557  
Issuance of common stock (in shares)   2,721,844    
Issuance of common stock 4,610   4,610  
Net income (loss) $ 3,602     3,602
Shares, outstanding, ending balance (in shares) at Jun. 30, 2025 4,622,737 4,622,737    
Shareholders' equity, ending balance at Jun. 30, 2025 $ (7,064) $ 5 $ 93,181 $ (100,250)