v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities    
Net loss $ (9,139) $ (7,666)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 230 243
Non-cash professional services expenses 144  
Non-cash lease charge (credit) 2 (1)
Depreciation 9 9
Gain from change in fair value of warrant liabilities (113) (247)
Change in operating assets and liabilities    
Prepaid expenses and other assets 164 (671)
Accounts payable (261) (1,348)
Accrued and other liabilities 944 1,795
Net cash used in operating activities (8,020) (7,886)
Investing activities    
Purchases of property and equipment   (2)
Net cash used in investing activities   (2)
Financing activities    
Proceeds from the issuance of common stock and warrants under the securities purchase agreements from a private placement offering   9,996
Proceeds from exercise of warrants 2,420 6
Payment of employee withholding taxes related to shares withheld from vested restricted stock units   (12)
Net cash provided by financing activities 10,376 9,460
Net increase in cash and cash equivalents 2,356 1,572
Cash and cash equivalents at beginning of period 10,278 16,017
Cash and cash equivalents at end of period 12,634 17,589
Supplemental non-cash investing and financing transactions    
Unpaid issuance costs 122 344
Private placement offering    
Financing activities    
Payment of issuance costs in connection with the sale of common stock   $ (530)
Underwritten public offering    
Financing activities    
Proceeds from the issuance of common stock and warrants under an underwritten public offering 9,316  
Payment of issuance costs in connection with the sale of common stock (2,179)  
At the market offering    
Financing activities    
Payment of issuance costs in connection with the sale of common stock (94)  
Proceeds from the issuance of common stock under an at the market offering agreement $ 913