v3.26.1
LEASES (Tables)
3 Months Ended
Mar. 31, 2026
LEASES  
Schedule of lease costs

Three Months Ended March 31, 

(in thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

Operating lease cost

$

72

$

73

Short-term lease cost

 

1

 

3

Total lease cost

$

73

$

76

Three Months Ended March 31, 

(in thousands)

2026

  ​ ​ ​

2025

Research and development

$

72

$

73

General and administrative

 

1

 

3

Total lease cost

$

73

$

76

Schedule of right of use lease assets and lease liabilities for operating leases

  ​ ​ ​

March 31, 

December 31, 

(in thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

Assets

  ​

 

  ​

Right of use assets - Operating Leases

$

535

$

607

Total lease assets

$

535

$

607

Liabilities

 

  ​

 

  ​

Current liabilities:

 

  ​

 

  ​

Lease liability, current - Operating Leases

$

277

$

271

Noncurrent liabilities:

 

  ​

 

Lease liability, non-current - Operating Leases

 

230

 

312

Total lease liabilities

$

507

$

583

Schedule of weighted average remaining lease term and weighted average discount rate for operating leases

March 31, 

2026

Weighted average remaining lease term (in years) – operating leases

2.0

Weighted average discount rate – operating leases

10.63%

Schedule of remaining maturities of operating leases, excluding short-term leases

March 31, 

(in thousands)

2026

2026

$

237

2027

304

2028

22

Total undiscounted lease payments

563

Less imputed interest

(56)

Total net lease liabilities

$

507