v3.26.1
Segments (Tables)
 3 Months Ended
Mar. 31, 2026
Segments [Abstract]  
Summary of Significant Expense Categories and Asset Categories
The table below summarizes the significant expense categories regularly reviewed by the CODM for the three month periods ended March 31, 2026 and 2025 (in thousands).
 
           
    The Months Ended
March 31,
    
2026
    
2025
 
    (in thousands)  
Operating expenses:
         
Research and development
 $2,231   $6,485 
General and administrative
  1,846    1,412 
Total operating expenses
  4,077    7,897 
Total operating loss
  (4,077)    (7,897) 
Other income (expense):
         
Interest income
  36    35 
Interest expense   (1,988)   (1,744)
Change in fair value of derivatives
  983    (25) 
Total other expense
  (969)    (1,734) 
Net loss
 $(5,046)   $(9,631) 
Preferred stock dividends
  (21)    26)
Net loss applicable to common stockholders
 $(5,067)   $(9,605) 
The table below summarizes the significant asset categories regularly reviewed by the CODM for the years ended March 31, 2026 and December 31, 2025 (in thousands).
         
             
     March 31,
2026 		     December 31,
2025 		 
  (in thousands)
Cash and cash equivalents
 $ 14,111   $ 17,720