v3.25.4
Condensed Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance (in shares) at Mar. 31, 2024 943      
Balance at Mar. 31, 2024 $ 1 $ 46,596 $ (38,969) $ 7,628
Net loss 0 0 (2,699) (2,699)
Stock-based compensation $ 0 360 0 360
Issuance of common stock - warrants exercised (in shares) 20      
Issuance of common stock - warrants exercised $ 0 0 0 0
Balance (in shares) at Jun. 30, 2024 963      
Balance at Jun. 30, 2024 $ 1 46,956 (41,668) 5,289
Balance (in shares) at Mar. 31, 2024 943      
Balance at Mar. 31, 2024 $ 1 46,596 (38,969) 7,628
Net loss       (8,219)
Balance (in shares) at Dec. 31, 2024 2,463      
Balance at Dec. 31, 2024 $ 2 56,892 (47,187) 9,707
Balance (in shares) at Jun. 30, 2024 963      
Balance at Jun. 30, 2024 $ 1 46,956 (41,668) 5,289
Net loss 0 0 (2,807) (2,807)
Stock-based compensation $ 0 445 0 445
Issuance of common stock - warrants exercised (in shares) 177      
Issuance of common stock - warrants exercised $ 0 0 0 0
Issuance of common stock (in shares) 12      
Issuance of common stock $ 0 101 0 101
Balance (in shares) at Sep. 30, 2024 1,152      
Balance at Sep. 30, 2024 $ 1 47,502 (44,475) 3,028
Net loss 0 0 (2,712) (2,712)
Stock-based compensation $ 0 418 0 418
Issuance of common stock - warrants exercised (in shares) 695      
Issuance of common stock - warrants exercised $ 1 0 0 1
Issuance of common shares and equity classified warrants, net of offering costs (in shares) 616      
Issuance of common shares and equity classified warrants, net of offering costs $ 0 8,972 0 8,972
Balance (in shares) at Dec. 31, 2024 2,463      
Balance at Dec. 31, 2024 $ 2 56,892 (47,187) 9,707
Balance (in shares) at Mar. 31, 2025 2,497      
Balance at Mar. 31, 2025 $ 2 58,476 (50,379) 8,099
Net loss 0 0 (3,337) (3,337)
Stock-based compensation $ 0 388 0 388
Issuance of common stock - warrants exercised (in shares) 222      
Issuance of common stock - warrants exercised $ 0 0 0 0
Issuance of common stock (in shares) 1,304      
Issuance of common stock $ 2 1,880 0 1,882
Balance (in shares) at Jun. 30, 2025 4,023      
Balance at Jun. 30, 2025 $ 4 60,744 (53,716) 7,032
Balance (in shares) at Mar. 31, 2025 2,497      
Balance at Mar. 31, 2025 $ 2 58,476 (50,379) 8,099
Net loss       (14,049)
Balance (in shares) at Dec. 31, 2025 11,409      
Balance at Dec. 31, 2025 $ 11 72,977 (64,427) 8,561
Balance (in shares) at Jun. 30, 2025 4,023      
Balance at Jun. 30, 2025 $ 4 60,744 (53,716) 7,032
Net loss 0 0 (7,450) (7,450)
Stock-based compensation $ 0 138 0 138
Issuance of common stock - warrants exercised (in shares) 1,531      
Issuance of common stock - warrants exercised $ 1 2,253 0 2,254
Issuance of common stock (in shares) 378      
Issuance of common stock $ 1 472 0 473
Stock option cancellations, unamortized stock-based compensation $ 0 3,732 0 3,732
Issuance of common stock for equity line of credit commitment fee (in shares) 262      
Issuance of common stock for equity line of credit commitment fee $ 0 267 0 267
Balance (in shares) at Sep. 30, 2025 6,194      
Balance at Sep. 30, 2025 $ 6 67,606 (61,166) 6,446
Net loss 0 0 (3,261) (3,261)
Stock-based compensation $ 0 2 0 2
Issuance of common stock - warrants exercised (in shares) 4,502      
Issuance of common stock - warrants exercised $ 4 0 0 4
Issuance of common stock (in shares) 713      
Issuance of common stock $ 1 859 0 860
Issuance of pre-funded warrants, net of costs $ 0 4,510 0 4,510
Balance (in shares) at Dec. 31, 2025 11,409      
Balance at Dec. 31, 2025 $ 11 $ 72,977 $ (64,427) $ 8,561