v3.26.1
Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities:    
Net Income (Loss) $ (11,168) $ (8,814)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 1,267 1,174
Non-cash lease expense 88 7
Fair value adjustment on common warrants (915) (1,772)
Depreciation 2 0
Changes in operating assets and liabilities:    
Accounts receivable (96) 0
Inventory (189) 0
Prepaid expenses 90 (160)
Other current assets 0 (221)
Accounts payable 213 25
Accrued expenses (265) 636
Net cash used in operating activities (10,973) (9,125)
Cash flows from investing activities:    
Purchase of property and equipment (2) (12)
Net cash used in investing activities (2) (12)
Cash flows from financing activities:    
Proceeds from common stock and pre-funded common stock warrants 12,102 17,248
Costs of issuance of common stock upon private placement (1,299) (2,232)
Proceeds from exercise of common stock warrants 25 33
Proceeds from exercise of stock options 17 69
Net cash provided by financing activities 10,845 15,118
Change in cash and cash equivalents (130) 5,981
Cash and cash equivalents, beginning of period 7,154 1,173
Cash and cash equivalents, end of period 7,024 7,154
Supplemental Disclosure of Cash Flow Information:    
Cash paid for income taxes 1 2
Cash paid for interest 16 21
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Right-of-use assets obtained in exchange for lease obligations $ 0 $ 285