v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (DEFICIT) - USD ($)
$ in Thousands
Common Shares Outstanding
Reg A Private Placement
Common Shares Outstanding
Registered Direct Offering And Private Placement
Common Shares Outstanding
Capital in Excess of Par Value
Reg A Private Placement
Capital in Excess of Par Value
Registered Direct Offering And Private Placement
Capital in Excess of Par Value
Accumulated Deficit
Reg A Private Placement
Registered Direct Offering And Private Placement
Total
Beginning balance at Dec. 31, 2023           $ 370,297 $ (378,707)     $ (8,410)
Beginning balance (in shares) at Dec. 31, 2023     839              
Stock issued in connection with licensing arrangement           100       100
Stock issued in connection with licensing arrangement (in shares)     4              
Equity-based compensation           181       181
Stock issued in connection with warrant exercises           2,245       2,245
Stock issued in connection with warrant exercises (in shares)     246              
Stock issued in connection with RSU vesting, net of 1 shares withheld for taxes           (1)       (1)
Stock issued in connection with RSU vesting, net of 1 shares withheld for taxes (in shares)     4              
Fractional shares issued for reverse stock split     39              
Net loss             (5,739)     (5,739)
Ending balance at Mar. 31, 2024           372,822 (384,446)     (11,624)
Ending balance (in shares) at Mar. 31, 2024     1,132              
Beginning balance at Dec. 31, 2023           370,297 (378,707)     (8,410)
Beginning balance (in shares) at Dec. 31, 2023     839              
Net loss                   (10,608)
Ending balance at Sep. 30, 2024           392,787 (389,315)     3,472
Ending balance (in shares) at Sep. 30, 2024     9,446              
Beginning balance at Mar. 31, 2024           372,822 (384,446)     (11,624)
Beginning balance (in shares) at Mar. 31, 2024     1,132              
Stock issued in connection with settled indebtedness           1,192       1,192
Stock issued in connection with settled indebtedness (in shares)     226              
Stock issued upon conversion of Senior Secured Credit Facility           2,756       2,756
Stock issued upon conversion of Senior Secured Credit Facility (in shares)     510              
Equity-based compensation           56       56
Stock issued in connection with warrant exercises (in shares)     86              
Stock issued           3,913       3,913
Stock issued (in shares)     639              
Stock issued for extinguishment of Subordinated Note           3,864       3,864
Stock issued for extinguishment of Subordinated Note (in shares)     371              
Net loss             (1,112)     (1,112)
Ending balance at Jun. 30, 2024           384,603 (385,558)     (955)
Ending balance (in shares) at Jun. 30, 2024     2,964              
Stock issued in connection with settled indebtedness           425       425
Stock issued in connection with settled indebtedness (in shares)     460              
Stock issued in connection with licensing arrangement           100       100
Stock issued in connection with licensing arrangement (in shares)     113              
Stock issued upon conversion of Senior Secured Credit Facility           328       328
Stock issued upon conversion of Senior Secured Credit Facility (in shares)     142              
Equity-based compensation           (4)       (4)
Stock issued in connection with warrant exercises           1,073       1,073
Stock issued in connection with warrant exercises (in shares)     1,636              
Stock issued       $ 5,208 $ 1,054     $ 5,208 $ 1,054  
Stock issued (in shares) 3,133 1,661                
Net loss             (3,757)     (3,757)
Shares held in abeyance (in shares)     (663)              
Ending balance at Sep. 30, 2024           392,787 (389,315)     3,472
Ending balance (in shares) at Sep. 30, 2024     9,446              
Beginning balance at Dec. 31, 2024           397,883 (393,871)     4,012
Beginning balance (in shares) at Dec. 31, 2024     31,727              
Stock issued in connection with settled indebtedness           270       270
Stock issued in connection with settled indebtedness (in shares)     2,450              
Stock issued in connection with licensing arrangement           230       230
Stock issued in connection with licensing arrangement (in shares)     2,078              
Stock issued upon conversion of Senior Secured Credit Facility           3,132       3,132
Stock issued upon conversion of Senior Secured Credit Facility (in shares)     22,549              
Conversion option remeasurement (Note 6)           283       283
Equity-based compensation           26       26
Stock issued in connection with warrant exercises (in shares)     60,025              
Net loss             (4,328)     (4,328)
Ending balance at Mar. 31, 2025           401,824 (398,199)     3,625
Ending balance (in shares) at Mar. 31, 2025     118,829              
Beginning balance at Dec. 31, 2024           397,883 (393,871)     4,012
Beginning balance (in shares) at Dec. 31, 2024     31,727              
Conversion option remeasurement (Note 6)                   283
Net loss                   (2,246)
Ending balance at Sep. 30, 2025           414,487 (396,117)     18,370
Ending balance (in shares) at Sep. 30, 2025     6,987,290              
Beginning balance at Mar. 31, 2025           401,824 (398,199)     3,625
Beginning balance (in shares) at Mar. 31, 2025     118,829              
Stock issued in connection with settled indebtedness           230       230
Stock issued in connection with settled indebtedness (in shares)     8,696              
Equity-based compensation           107       107
Stock issued from alternative cashless warrant exercises (in shares)     297,870              
Stock issued in connection with warrant exercises           5,075       5,075
Stock issued in connection with warrant exercises (in shares)     76,100              
Fractional shares issued for reverse stock split     113,709              
Net loss             (3,407)     (3,407)
Shares held in abeyance (in shares)     (156,554)              
Ending balance at Jun. 30, 2025           407,236 (401,606)     5,630
Ending balance (in shares) at Jun. 30, 2025     458,650              
Equity-based compensation           92       92
Stock issued from alternative cashless warrant exercises (in shares)     5,913,069              
Stock issued           6,876       6,876
Fractional shares issued for reverse stock split     2,396              
Net loss             5,489     5,489
Shares held in abeyance (in shares)     156,554              
Stock issued upon conversion of preferred stock           283       283
Stock issued upon conversion of preferred stock (in shares)     456,621              
Ending balance at Sep. 30, 2025           $ 414,487 $ (396,117)     $ 18,370
Ending balance (in shares) at Sep. 30, 2025     6,987,290