v3.26.1
Condensed Consolidated Statement of Changes in Stockholders’ Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock
Additional Paid-In Capital
Subscription Receivable
Accumulated Other Comprehensive Gain (Loss)
Accumulated Deficit
Total
Balance at Dec. 31, 2024 $ 22 $ 195,754   $ (575) $ (163,104) $ 32,097
Balance (in Shares) at Dec. 31, 2024 22,280,451          
Stock-based compensation 2,076   2,076
Sale of common stock for cash $ 1 5,272   5,273
Sale of common stock for cash (in Shares) 649,860          
Exercise of warrants for cash 1   1
Exercise of warrants for cash (in Shares) 100          
Gain (loss) on foreign currency translation   (35) (35)
Net loss   (9,739) (9,739)
Balance at Mar. 31, 2025 $ 23 203,103   (610) (172,843) 29,673
Balance (in Shares) at Mar. 31, 2025 22,930,411          
Balance at Dec. 31, 2024 $ 22 195,754   (575) (163,104) 32,097
Balance (in Shares) at Dec. 31, 2024 22,280,451          
Gain (loss) on foreign currency translation           (188)
Net loss           (34,197)
Balance at Jun. 30, 2025 $ 27 226,904   (763) (197,301) 28,867
Balance (in Shares) at Jun. 30, 2025 26,585,258          
Balance at Mar. 31, 2025 $ 23 203,103   (610) (172,843) 29,673
Balance (in Shares) at Mar. 31, 2025 22,930,411          
Stock-based compensation 1,534   1,534
Sale of common stock for cash $ 4 22,267   22,271
Sale of common stock for cash (in Shares) 3,654,847          
Gain (loss) on foreign currency translation   (153) (153)
Net loss       (24,458) (24,458)
Balance at Jun. 30, 2025 $ 27 226,904   (763) (197,301) 28,867
Balance (in Shares) at Jun. 30, 2025 26,585,258          
Balance at Dec. 31, 2025 $ 27 233,271 (737) (209,037) 23,524
Balance (in Shares) at Dec. 31, 2025 26,585,258          
Stock-based compensation 1,497 1,497
Gain (loss) on foreign currency translation 10
Net loss (5,407) (5,407)
Balance at Mar. 31, 2026 $ 27 234,768 (727) (214,444) 19,624
Balance (in Shares) at Mar. 31, 2026 26,585,258          
Balance at Dec. 31, 2025 $ 27 233,271 (737) (209,037) 23,524
Balance (in Shares) at Dec. 31, 2025 26,585,258          
Gain (loss) on foreign currency translation           (86)
Net loss           (6,680)
Balance at Jun. 30, 2026 $ 28 237,688 (814) (823) (215,717) 20,362
Balance (in Shares) at Jun. 30, 2026 27,653,789          
Balance at Mar. 31, 2026 $ 27 234,768 (727) (214,444) 19,624
Balance (in Shares) at Mar. 31, 2026 26,585,258          
Stock-based compensation 1,358 1,358
Exercise of warrants for cash $ 1 943 (814) 130
Exercise of warrants for cash (in Shares) 674,155          
Gain (loss) on foreign currency translation (96) (96)
Net loss (1,273) (1,273)
Common stock issued for cash 584 584
Common stock issued for cash (in Shares) 370,417          
Exercise of stock options for cash 35 35
Exercise of stock options for cash (in Shares) 23,959          
Balance at Jun. 30, 2026 $ 28 $ 237,688 $ (814) $ (823) $ (215,717) $ 20,362
Balance (in Shares) at Jun. 30, 2026 27,653,789