v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 4,198 $ 600
Prepaid expenses and other current assets 173 95
Total Current Assets 4,371 695
Operating lease right-of-use assets 46 64
Intangible asset 2,039 2,039
Other assets 3 3
TOTAL ASSETS 6,459 2,801
Current Liabilities    
Accounts payable and accrued liabilities 1,302 3,035
Due to related parties 111 345
Operating lease liabilities - current portion 42 40
Accrued interest - convertible notes 0 11
Accrued interest - convertible notes - related party 0 4
Convertible notes 0 437
Convertible notes - related party 0 172
Total Current Liabilities 1,455 4,044
Operating lease liabilities 7 29
TOTAL LIABILITIES 1,462 4,073
STOCKHOLDERS' EQUITY    
Preferred Stock, par value $0.001, 23,148 shares authorized, 0 shares issued and outstanding as of June 30, 2026, and December 31, 2025 0 0
Common Stock, par value $0.001, 166,666,667 shares authorized and 4,188,400 and 673,008 shares issued and outstanding as of June 30, 2026, and December 31, 2025, respectively 4 1
Additional paid-in capital 73,635 62,014
Accumulated deficit (68,400) (63,015)
Accumulated other comprehensive loss (242) (272)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) 4,997 (1,272)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 6,459 $ 2,801