v3.26.1
Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Preferred Stock [Member]
Series C Preferred Stock [Member]
Common Stock [Member]
Voting Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Balance at Dec. 31, 2024 $ 2,735     $ 38,253 $ (35,518)
Balance, shares at Dec. 31, 2024   125 1,754,286    
Issuance of Voting Common Stock 250     250  
Issuance of Voting Common Stock, shares     5,950    
Conversion of Short-term convertible note payable/debt into Voting Common Stock 3,780     3,780  
Conversion of Short-term convertible note payable/debt into Voting Common Stock, shares     117,530    
Stock-based compensation expense 551     551  
Net loss (4,966)       (4,966)
Balance at Mar. 31, 2025 2,350     42,834 (40,484)
Balance, shares at Mar. 31, 2025   125 1,877,766    
Balance at Dec. 31, 2024 2,735     38,253 (35,518)
Balance, shares at Dec. 31, 2024   125 1,754,286    
Net loss (9,624)        
Balance at Jun. 30, 2025 860     46,002 (45,142)
Balance, shares at Jun. 30, 2025   125 2,034,124    
Balance at Mar. 31, 2025 2,350     42,834 (40,484)
Balance, shares at Mar. 31, 2025   125 1,877,766    
Conversion of Short-term convertible note payable/debt into Voting Common Stock 2,439     2,439  
Conversion of Short-term convertible note payable/debt into Voting Common Stock, shares     156,358    
Stock-based compensation expense 729     729  
Net loss (4,658)       (4,658)
Balance at Jun. 30, 2025 860     46,002 (45,142)
Balance, shares at Jun. 30, 2025   125 2,034,124    
Balance at Dec. 31, 2025 6,156   $ 1 60,319 (54,164)
Balance, shares at Dec. 31, 2025   125 3,325,986    
Issuance of Voting Common Stock 750     750  
Issuance of Voting Common Stock, shares     133,108    
Exercise of pre-funded warrants     53,750    
Issuance of fractional shares from reverse stock split     343    
Stock-based compensation expense 694     694  
Net loss (5,000)       (5,000)
Balance at Mar. 31, 2026 2,600   $ 1 61,763 (59,164)
Balance, shares at Mar. 31, 2026   125 3,513,187    
Balance at Dec. 31, 2025 6,156   $ 1 60,319 (54,164)
Balance, shares at Dec. 31, 2025   125 3,325,986    
Net loss (9,117)        
Balance at Jun. 30, 2026 4,636   $ 1 67,916 (63,281)
Balance, shares at Jun. 30, 2026   125 6,080,560    
Balance at Mar. 31, 2026 2,600   $ 1 61,763 (59,164)
Balance, shares at Mar. 31, 2026   125 3,513,187    
Issuance of Voting Common Stock 2,862     2,862  
Issuance of Voting Common Stock, shares     1,323,433    
Exercise of pre-funded warrants     1,243,940    
Issuance of pre-funded warrants 2,584     2,584  
Stock-based compensation expense 707     707  
Net loss (4,117)       (4,117)
Balance at Jun. 30, 2026 $ 4,636   $ 1 $ 67,916 $ (63,281)
Balance, shares at Jun. 30, 2026   125 6,080,560