v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (17,695) $ (16,643)
Adjustments to reconcile net loss to net cash used in operating activities:    
Loss on impairment of intangible assets 6,995 0
Loss on debt extinguishment 3,260 0
Depreciation and amortization 2,115 2,109
Stock-based compensation 338 54
Change in fair value of royalties payable due to related parties (5,709) 2,239
Change in fair value of convertible notes payable (2) 0
Net loss on trading debt securities 564 0
Deferred income tax provision (benefit) (1,810) 3,141
Acquired in-process research and development 1,967 0
Amortization of discount on note payable 45 0
Changes in operating assets and liabilities:    
Accounts receivable (85) 67
Inventories (78) (8)
Prepaid expenses and other current assets 255 99
Operating lease right-of-use assets and lease liabilities (4) (3)
Current portion of royalties payable due to related parties 19 32
Accounts payable 1,156 (234)
Accrued expenses 149 (185)
Net cash used in operating activities (8,296) (9,271)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Consideration paid for the acquired in-process research and development (116) 0
Purchases of property and equipment (17) (67)
Proceeds from the sale of trading debt securities 300 0
Net cash provided by (used in) investing activities 167 (67)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from notes payable due to related parties 300 1,500
Proceeds from issuance of convertible notes payable 300 0
Payments on short-term notes payable (238) (256)
Proceeds from short-term notes payable 61 249
Proceeds from exercise of warrants 0 1,185
Net cash provided by financing activities 5,344 8,646
NET CHANGE IN CASH AND CASH EQUIVALENTS (2,785) (692)
CASH AND CASH EQUIVALENTS, beginning of year 2,873 3,565
CASH AND CASH EQUIVALENTS, end of year 88 2,873
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for interest 7 31
SUPPLEMENTAL SCHEDULE OF NONCASH FINANCING AND INVESTING ACTIVITIES    
Property and equipment reclassified from inventories 25 19
Deemed dividend on warrant inducement offer 0 (5,158)
Consideration for asset acquisition included in accounts payable 103 0
Extinguishment of notes payable due to related parties 1,741 0
Noncash consideration issued in connection with extinguishment of notes payable due to related parties 622 0
Extinguishment of royalties payable due to related parties 2,712 0
Operating right-of-use asset obtained in exchange for new operating lease liabilities 142 0
Conversion of Royalties Payable into Series J Preferred Stock [Member]    
SUPPLEMENTAL SCHEDULE OF NONCASH FINANCING AND INVESTING ACTIVITIES    
Issuance of stock 5,342 0
Asset Acquisition [Member]    
SUPPLEMENTAL SCHEDULE OF NONCASH FINANCING AND INVESTING ACTIVITIES    
Notes payable issued 1,246 0
Noncontrolling Interest [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss (512) 0
SUPPLEMENTAL SCHEDULE OF NONCASH FINANCING AND INVESTING ACTIVITIES    
Assets acquired in noncash transactions 109 0
Common Stock [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss 0 0
SUPPLEMENTAL SCHEDULE OF NONCASH FINANCING AND INVESTING ACTIVITIES    
Issuance of stock 393 0
September 2024 Public Offering [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock 0 2,612
The 2024 Inducement Offer [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock 0 3,356
ATM Offering [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock 3,751 0
Stock Issued with Assets Acquisition [Member]    
SUPPLEMENTAL SCHEDULE OF NONCASH FINANCING AND INVESTING ACTIVITIES    
Assets acquired in noncash transactions 864 0
Series B Convertible Preferred Stock [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of Series B Convertible Preferred Stock and other equity-classified warrants, net of issuance costs 1,170 0
Related Party [Member]    
Changes in operating assets and liabilities:    
Interest payable 185 61
SUPPLEMENTAL SCHEDULE OF NONCASH FINANCING AND INVESTING ACTIVITIES    
Notes payable issued 1,748 0
Variable Interest Entity, Not Primary Beneficiary [Member]    
Changes in operating assets and liabilities:    
Interest payable $ 39 $ 0