v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 7,958 $ 430
Prepaid expenses and other current assets 717 272
Current assets, discontinued operations 0 1,233
Total current assets 8,675 1,935
Operating lease right-of-use assets 0 955
Other assets 360 524
Other assets, discontinued operations 0 9
TOTAL ASSETS 9,035 3,423
LIABILITIES AND STOCKHOLDERS’ DEFICIT    
Accounts payable 257 109
Accrued liabilities 396 581
Bridge Loan 0 500
Unsecured Convertible Notes, net of discounts 67 65
Operating lease liabilities 422 398
Current liabilities, discontinued operations 0 1,190
Total current liabilities 1,142 2,843
Warrant liabilities, at fair value 30,432 0
Operating lease liabilities-non-current 287 709
Total liabilities 31,861 3,552
Commitments and Contingencies  
Stockholders’ deficit:    
Additional paid-in capital 186,981 183,312
Accumulated deficit (210,415) (183,457)
Total stockholders’ (deficit) (23,176) (129)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT 9,035 3,423
Series F Preferred Stock [Member]    
Mezzanine (temporary) equity:    
Preferred stock, $0.01 par value; 5,000 shares authorized; Series F Preferred Stock; 1,347 and 0 shares issued and outstanding at December 31, 2025 and 2024, respectively 350 0
Series B Preferred Stock [Member]    
Stockholders’ deficit:    
Preferred Stock, value, issued 6 6
Series D Preferred Stock [Member]    
Stockholders’ deficit:    
Common stock, $0.01 par value; 1,500,000 shares authorized, 25,216 and 977 shares issued and outstanding at December 31, 2025 and 2024, respectively [1] $ 252 $ 10
[1] After giving retroactive effect to a 1-for-5 reverse stock split that became effective February 20, 2026.