v3.26.1
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Common Stock [Member]
Series A Convertible Preferred Stock [Member]
Preferred Stock [Member]
Series B Convertible Preferred Stock [Member]
Preferred Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Total
Balance at Dec. 31, 2024 $ 5 $ 0 $ 0 $ 105,326 $ (105,081) $ 250
Balance (in Shares) at Dec. 31, 2024 47,101,631 8,207        
Share-based compensation expense $ 0 $ 0 0 1,665 0 1,665
Dividends on convertible preferred stock $ 0 0 0 164 (164) 0
Dividends on convertible preferred stock (in Shares) 113,205          
Common Stock issued upon vesting of restricted stock units $ 0 0 0 0 0 0
Common Stock issued upon vesting of restricted stock units (in Shares) 63,199          
Common Stock and pre-funded warrants issued with Private Placement $ 0 0 0 543 0 543
Common Stock and pre-funded warrants issued with Private Placement (in Shares) 3,216,666          
Net income for the period $ 0 0 0 0 109 109
Balance at Mar. 31, 2025 $ 5 $ 0 0 107,698 (105,136) 2,567
Balance (in Shares) at Mar. 31, 2025 50,494,701 8,207        
Balance at Dec. 31, 2024 $ 5 $ 0 0 105,326 (105,081) 250
Balance (in Shares) at Dec. 31, 2024 47,101,631 8,207        
Reclassification of warrant liability due to warrant amendment           12,159
Net income for the period           (3,618)
Balance at Jun. 30, 2025 $ 5 $ 0 0 120,783 (109,027) 11,761
Balance (in Shares) at Jun. 30, 2025 50,728,535 8,207        
Balance at Mar. 31, 2025 $ 5 $ 0 0 107,698 (105,136) 2,567
Balance (in Shares) at Mar. 31, 2025 50,494,701 8,207        
Share-based compensation expense $ 0 $ 0 0 770 0 770
Dividends on convertible preferred stock $ 0 0 0 164 (164) 0
Dividends on convertible preferred stock (in Shares) 139,431          
Common Stock issued upon vesting of restricted stock units $ 0 0 0 0 0 0
Common Stock issued upon vesting of restricted stock units (in Shares) 94,403          
Reclassification of warrant liability due to warrant amendment $ 0 0 0 12,151 0 12,151
Net income for the period 0 0 0 0 (3,727) (3,727)
Balance at Jun. 30, 2025 $ 5 $ 0 0 120,783 (109,027) 11,761
Balance (in Shares) at Jun. 30, 2025 50,728,535 8,207        
Balance at Dec. 31, 2025 $ 5 $ 0 $ 0 127,804 (116,319) 11,490
Balance (in Shares) at Dec. 31, 2025 51,733,217 8,207 4,500      
Share-based compensation expense $ 0 $ 0 $ 0 2,384 0 2,384
Dividends on convertible preferred stock $ 0 0 0 249 (249) 0
Dividends on convertible preferred stock (in Shares) 462,656          
Common Stock issued upon vesting of restricted stock units $ 0 0 0 0 0 0
Common Stock issued upon vesting of restricted stock units (in Shares) 72,888          
Common Stock issued upon conversion of preferred stock $ 0 $ 0 $ 0 0 0 0
Common Stock issued upon conversion of preferred stock (in Shares) 668,965 (100) (900)      
Common Stock and pre-funded warrants issued with Private Placement $ 0 $ 0 $ 0 5,000 0 5,000
Common Stock and pre-funded warrants issued with Private Placement (in Shares) 2,500,000          
Common shares issued upon warrant exercise $ 0 0 0 100 0 100
Common shares issued upon warrant exercise (in Shares) 68,966          
Net income for the period $ 0 0 0 0 (4,540) (4,540)
Balance at Mar. 31, 2026 $ 5 $ 0 $ 0 135,537 (121,108) 14,434
Balance (in Shares) at Mar. 31, 2026 55,506,692 8,107 3,600      
Balance at Dec. 31, 2025 $ 5 $ 0 $ 0 127,804 (116,319) 11,490
Balance (in Shares) at Dec. 31, 2025 51,733,217 8,207 4,500      
Reclassification of warrant liability due to warrant amendment           0
Net income for the period           (6,797)
Balance at Jun. 30, 2026 $ 5 $ 0 $ 0 136,868 (123,527) 13,346
Balance (in Shares) at Jun. 30, 2026 55,857,933 8,107 3,600      
Balance at Mar. 31, 2026 $ 5 $ 0 $ 0 135,537 (121,108) 14,434
Balance (in Shares) at Mar. 31, 2026 55,506,692 8,107 3,600      
Share-based compensation expense $ 0 $ 0 $ 0 1,019 0 1,019
Common stock issued for professional services $ 0 0 0 150 0 150
Common stock issued for professional services (in Shares) 96,775          
Dividends on convertible preferred stock $ 0 0 0 162 (162) 0
Dividends on convertible preferred stock (in Shares) 162,836          
Common Stock issued upon vesting of restricted stock units $ 0 0 0 0 0 0
Common Stock issued upon vesting of restricted stock units (in Shares) 91,630          
Net income for the period $ 0 0 0 0 (2,257) (2,257)
Balance at Jun. 30, 2026 $ 5 $ 0 $ 0 $ 136,868 $ (123,527) $ 13,346
Balance (in Shares) at Jun. 30, 2026 55,857,933 8,107 3,600