v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 5,493 $ 5,202
Other receivables 961 573
Prepaid expenses 1,033 1,069
Total current assets 7,487 6,844
Property and equipment, net 218 228
Right-of-use assets 456 510
Total assets 8,161 7,582
Current liabilities    
Accounts payable 2,681 3,504
Accrued liabilities 2,576 2,327
Operating lease liabilities, current 166 193
Warrant derivative 0 77
Total current liabilities 5,423 6,101
Contract liability 4,910 4,910
Operating lease liabilities, non-current 342 370
Stock option liability 2,616 0
Total liabilities 13,291 11,381
Commitments and contingencies (Note 10)
Stockholders’ Deficit:    
Common stock, par value $0.001; 1,000,000,000 authorized as of March 31, 2026. Common stock, no par value; Unlimited authorized as of December 31, 2025. 116,128,162 and 108,021,271 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively. 0 0
Additional paid-in capital 427,383 419,471
Accumulated other comprehensive income 6,225 6,225
Accumulated deficit (438,738) (429,495)
Total stockholders’ deficit (5,130) (3,799)
Total liabilities and stockholders' deficit $ 8,161 $ 7,582