v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents [note 5] $ 28,078 $ 20,929
Marketable securities [note 5] 1,191 15,475
Total current assets 31,061 39,889
Non-current assets:    
Other assets and restricted cash [note 5] 265 52
Right-of-use assets [note 9] 49 64
License agreement [note 3 and note 4] 696 751
Goodwill 1,034 1,034
Total assets 33,105 41,790
Current liabilities:    
Accrued compensation 2,182 1,921
Current contingent consideration [note 4 and note 5] 0 1,557
Current portion of long-term obligations [note 9] 51 61
Current portion of convertible debt [note 5 and note 6] 5,579 3,704
Total current liabilities 11,833 9,082
Non-current portion of convertible debt [note 5 and note 6] 9,322 11,185
Non-current contingent consideration [note 4 and note 5] 1,272  
Long-term obligations [note 9]   5
Total liabilities 22,427 20,272
Commitments and contingencies [note 9]
Stockholders' equity:    
Common stock, $0.001 par value, 150,000,000 shares authorized, 53,240,988 issued and outstanding at March 31, 2026 and 53,233,988 issued and outstanding at December 31, 2025 121 121
Additional paid-in capital 280,949 281,613
Accumulated deficit (270,394) (260,226)
Accumulated other comprehensive income 2 10
Total stockholders' equity 10,678 21,518
Total liabilities and stockholders' equity 33,105 41,790
Nonrelated Party [Member]    
Current assets:    
Prepaid expenses and other assets 1,667 3,292
Current liabilities:    
Accounts payable 806 859
Accrued liabilities other 2,332 598
Accrued clinical liabilities 635 368
Related Parties [Member]    
Current assets:    
Prepaid expenses and other assets 125 193
Current liabilities:    
Accounts payable 27 8
Accrued liabilities other 5 6
Accrued clinical liabilities 216  
Series A Convertible Preferred Stock [Member]    
Stockholders' equity:    
Convertible preferred stock, value
Series B Convertible Preferred Stock [Member]    
Stockholders' equity:    
Convertible preferred stock, value