v3.26.1
Segment Reporting (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Breakdown of Significant Operating Expenses

 

   2026   2025 
   Three months ended March 31, 
   2026   2025 
Operating expenses:          
Research and development by significant expense:          
Study fees  $1,267   $352 
Payroll and related   236    112 
Professional fees   164    156 
MSA/license fees   69    637 
Other1   179    52 
Research and development   1,915    1,309 
           
General and administrative by significant expense:          
Payroll and related2   802    394 
Professional fees2   447    386 
Stock-based compensation   296    486 
Other2   86    155 
General and administrative   1,631    1,421 
           
Impairment of goodwill   2,044    - 
           
Total operating expenses   5,590    2,730 
           
Loss from operations   (5,590)   (2,730)
           
Forward sales contract expense   -    (5,335)
Change in fair value of warrant liabilities   -    1 
Interest income (expense), net   44    5 
Other expense, net   -    (135)
Total other income (expense), net   44    (5,464)
           
Loss before income taxes   (5,546)   (8,194)
Benefit (provision) for income taxes   40    (8)
           
Net loss  $(5,506)  $(8,202)

 

  

March 31, 2025

   December 31, 2025 
         
Cash  $9,177   $1,884 

 

1Other includes certain lab supply expenses, travel expenses, stock-based compensation, allocated occupancy costs, and depreciation.
2Other includes expenses related to insurance, occupancy expense, information technology, travel, depreciation and other miscellaneous expenses.