v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 419 $ 1,352
Accounts receivable 16 16
Inventory 15 16
Prepaid research and development 18 18
Prepaid expenses and other current assets 405 427
Total current assets 873 1,829
Property, plant and equipment, net 5 6
Right-of-use assets, net 168 195
Long-term prepaid contracts 752 647
Total assets 1,798 2,677
Current liabilities:    
Accounts payable 239 454
Accrued and other current liabilities 839 532
Deferred revenue 340 252
Insurance premium financing payable 115 183
Operating lease liability 118 113
Total current liabilities 1,651 1,534
Operating lease liability, net of current portion 55 86
Total liabilities 1,706 1,620
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Common stock, par value $0.01 per share, 60,000,000 shares authorized; 17,580,744 shares issued and outstanding at each of March 31, 2026 and December 31, 2025 176 176
Additional paid-in capital 108,082 107,450
Accumulated deficit (108,158) (106,557)
Accumulated other comprehensive loss (8) (12)
Total stockholders’ equity 92 1,057
Total liabilities and stockholders’ equity $ 1,798 $ 2,677