Subsequent Events |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Subsequent Events [Abstract] | |
| Subsequent Events |
Note 11—Subsequent Events
Subsequent to March 31, 2026, on April 24, 2026, the Company
entered into a Settlement Agreement and Release with E.F. Hutton & Co. The
Company agreed to pay a total of $204 thousand in full settlement of all
claims, with neither party admitting any liability. The payment was due and
paid within five days of the settlement date, and E.F. Hutton & Co. has
agreed to dismiss the lawsuit with prejudice. The Company had accrued the full
$204 thousand settlement amount as of March 31, 2026. This settlement resolves
the matter in its entirety.
The Company has evaluated subsequent events through May 15, 2026, the date these condensed consolidated financial statements were available to be issued, and has determined that, other than the matters described above, there are no additional subsequent events requiring recognition or disclosure in the financial statements.
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