v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating expenses:        
Research and development $ 1,658 $ 2,041 $ 4,611 $ 3,821
General, administrative and other 2,375 2,449 4,490 5,200
Total operating expenses 4,033 4,490 9,101 9,021
Loss from operations (4,033) (4,490) (9,101) (9,021)
Other income/(expense):        
Change in fair value of SEPA put option liability 0 73 54 (10)
Change in fair value of convertible debt (0) 334 0 (117)
Other expense (92) (625) (94) (625)
Interest income 15 50 35 149
Interest expense (7) 0 (11) 0
Total other expense (84) (168) (16) (603)
Net loss $ (4,117) $ (4,658) $ (9,117) $ (9,624)
Net loss per share, basic $ (0.66) $ (2.41) $ (1.81) $ (5.11)
Net loss per share, diluted $ (0.66) $ (2.41) $ (1.81) $ (5.11)
Weighted-average shares outstanding, basic 6,272,541 1,931,763 5,029,640 1,883,281
Weighted-average shares outstanding, diluted 6,272,541 1,931,763 5,029,640 1,883,281