v3.26.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Operating expenses:    
General and administrative $ 7,585 $ 7,379
Impairment of long-lived assets 854 0
Total operating expenses 8,439 7,379
Operating loss (8,439) (7,379)
Non-cash (loss) gain on changes in fair value of warrant liability (24,486) 114
Accretion of interest and amortization of discounts on convertible notes (277) (904)
Other expense, net (20) (581)
Net loss from continuing operations (33,222) (8,750)
Net income from discontinued operations, net of taxes 11,081 1,527
Net loss (22,141) (7,223)
Less: Increase to accumulated deficit due to adjustment to common stock warrant exercise price 0 (1,005)
Less: Increase to accumulated deficit due to adjustment to Preferred Stock conversion price 0 (380)
Net loss attributable to common stockholders $ (22,141) $ (8,608)
Weighted average shares outstanding:    
Basic (and diluted for net loss) (in shares) [1] 5,820 679
Basic and diluted net loss per share    
Basic loss per share from continuing operations (in dollars per share) [1] $ (5.7) $ (14.93)
Basic earnings per share from discontinued operations (in dollars per share) [1] 1.9 2.25
Basic (loss) earnings per share attributable to common stockholders (in dollars per share) [1] $ (3.8) $ (12.68)
[1] After giving retroactive effect to a 1-for-5 reverse stock split that became effective February 20, 2026.