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 $ 68,319 $ 80,735
Accounts receivable, net 157 274
Inventory 206 136
Prepaid expenses and other current assets 2,448 2,276
Total current assets 71,130 83,421
Property and equipment, net 1,016 1,051
Intangible assets, net 408 575
Goodwill 2,791 2,791
Right-of-use assets 5,702 6,010
Other assets 575 691
Total assets 81,622 94,539
Current liabilities:    
Accounts payable 2,761 2,777
Accrued liabilities 5,408 3,576
Lease liability, current 1,627 1,570
Total current liabilities 9,796 7,923
Lease liability, less current portion 5,528 5,960
Total liabilities 15,324 13,883
Stockholders’ equity:    
Preferred stock, $0.001 par value; authorized – 50,000,000 shares; no shares issued and outstanding 0 0
Common stock, $0.001 par value; authorized – 500,000,000 shares; issued and outstanding – 68,225,067 shares and 67,839,689 shares as of March 31, 2026 and December 31, 2025, respectively 68 68
Additional paid-in capital 548,092 543,869
Accumulated deficit (481,862) (463,281)
Total stockholders’ equity 66,298 80,656
Total liabilities and stockholders’ equity $ 81,622 $ 94,539