v3.26.1
Subsequent Events
3 Months Ended
Mar. 31, 2026
Subsequent Events [Abstract]  
Subsequent Events

11. Subsequent Events

 

The Company has evaluated subsequent events through May 14, 2026, the date on which these financial statements were issued.

 

On April 10, 2026, Public Venture, LLC, a subsidiary of the Company’s largest shareholder, MDB Capital Holdings, LLC announced that it plans to serve as an underwriter for a proposed public offering of approximately $15 million of the Company’s Common Stock. On April 9, 2026, the Company filed a preliminary prospectus supplement in connection with the proposed offering. The proposed offering is expected to support the Company’s ongoing product development and commercialization activities. The Company has not yet entered into a definitive underwriting agreement for this transaction, and the timing, terms, and completion of the proposed offering remain subject to market conditions and other factors.