v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Operating expenses:    
Research and development $ 14,290 $ 36,571
General and administrative 5,795 5,862
Total operating expenses 20,085 42,433
Total operating loss (20,085) (42,433)
Other income (expense):    
Interest income 126 338
Interest expense (7,329) (5,540)
Change in fair value of derivatives (3,548) 588
Total other expense (10,751) (4,614)
Net loss (30,836) (47,047)
Preferred stock dividends (138) (153)
Net loss applicable to common stockholders $ (30,974) $ (47,200)
Net loss per common share - basic (in Dollars per share) $ (0.48) $ (0.76)
Net loss per common share - diluted (in Dollars per share) $ (0.48) $ (0.76)
Weighted average common and potential common shares outstanding - basic (in Shares) 63,903 62,309
Weighted average common and potential common shares outstanding - diluted (in Shares) 63,903 62,309