v3.26.1
Note 10 - Subsequent Events
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Subsequent Events [Text Block]

Note 10. Subsequent Events

 

On July 13, 2026, in connection with the 2024 Rights Offering, the Company redeemed 50,607 warrants, pursuant to the irrevocable notice of redemption provided to warrant holders in June 2026, which would have entitled the holders to purchase up to 25,303 shares of common stock. In July 2026, the Company received gross proceeds of $1.8 million related to exercises of the second tranche of the 2024 Rights Offering Warrants. As of July 31, 2026, there were no remaining warrants outstanding under the 2024 Rights Offering Warrants and the cumulative gross proceeds received from the exercise of all warrants was $65.5 million.

 

Between July 1, 2026 and July 10, 2026, the Company sold 388,949 shares of common stock for net proceeds of $10.7 million under the February 2026 ATM while the trading window remained open.