v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 12,996 $ 21,031
Prepaid expenses and other current assets 1,302 445
Total current assets 14,298 21,476
Property and equipment, net 9 11
Total assets 14,307 21,487
Current liabilities:    
Accounts payable 901 435
Accrued expenses 804 905
Total liabilities 1,705 1,340
Commitments and contingencies (Note 3)
Stockholders' equity:    
Series D Preferred stock, $0.0001 par value, 10,000,000 shares authorized; 0 issued and outstanding at each of June 30, 2026 and December 31, 2025 0 0
Common stock, $0.0001 par value, 100,000,000 shares authorized; 11,617,250 and 11,617,250 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 1 1
Additional paid-in capital 175,796 175,200
Accumulated deficit (163,195) (155,054)
Total stockholders' equity 12,602 20,147
Total liabilities and stockholders' equity $ 14,307 $ 21,487