v3.26.1
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Breakdown of Significant Operating Expenses

 

   2026   2025   2026   2025 
   Three months ended June 30,   Six months ended June 30, 
   2026   2025   2026   2025 
Operating expenses:                    
Research and development by significant expense:                    
Study fees  $2,008   $60   $3,275   $412 
Payroll and related   359    114    595    211 
Professional fees   173    202    337    358 
MSA/license fees   131    663    200    1,300 
Other1   121    97    300    164 
                     
Research and development   2,792    1,136    4,707    2,445 
                     
General and administrative by significant expense:                    
Payroll and related2   421    428    1,223    821 
Professional fees2   391    440    838    826 
Stock-based compensation   300    353    596    839 
Other2   200    144    286    300 
General and administrative   1,312    1,365    2,943    2,786 
                     
Impairment of goodwill   -    -    2,044    - 
                     
Total operating expenses   4,104    2,501    9,694    5,231 
                     
Loss from operations   (4,104)   (2,501)   (9,694)   (5,231)
                     
Forward sales contract expense   -    (512)   -    (5,847)
Change in fair value of warrant liabilities   -    -    -    1 
Interest income (expense), net   55    -    99    5 
Gain on extinguishment of contingent liability   41    -    41    - 
Other expense, net   (1)   (123)   (1)   (258)
Total other income (expense), net   95    (635)   139    (6,099)
                     
Loss before income taxes   (4,009)   (3,136)   (9,555)   (11,330)
Benefit (provision) for income taxes   -    (3)   40    (11)
                     
Net loss  $(4,009)  $(3,139)  $(9,515)  $(11,341)

 

   June 30, 2026   December 31, 2025 
           
Cash  $5,028   $1,884 

 

1Other includes certain lab supply expenses, travel expenses, stock-based compensation, allocated occupancy costs, and depreciation.

 

2Other includes expenses related to insurance, occupancy expense, information technology, travel, depreciation and other miscellaneous expenses.