v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating expenses:        
Selling, general and administrative $ 2,991 $ 3,258 $ 6,893 $ 6,383
Research and development 2,938 1,064 4,973 1,889
Change in fair value of contingent consideration (10) 16 (15) (3,472)
Total operating costs and expenses 5,919 4,338 11,851 4,800
Loss from operations (5,919) (4,338) (11,851) (4,800)
Other (loss) income:        
Change in fair value of convertible notes (213) (1,854) (8,940) (3,485)
Change in fair value of warrants 4,941 (542) 9,597 86,187
Loss on issuance of warrants       (75,644)
Loss on extinguishment of debt     (76)  
Loss on derivative liability (1,700)   (1,743)  
Other income, net 36 92 65 195
Total other (loss) income, net 4,764 (2,304) (1,097) 7,253
(Loss) income before taxes (1,155) (6,642) (12,948) 2,453
Net (loss) income $ (1,155) $ (6,642) $ (12,948) $ 2,453
Basic net (loss) income per share (in dollars per share) $ (0.02) $ (0.6) $ (0.28) $ 0.32
Diluted net (loss) income per share (in dollars per share) $ (0.02) $ (0.6) $ (0.28) $ 0.31
Weighted average shares of common stock outstanding used to compute basic net (loss) income per share 50,530,946 11,090,809 45,599,911 7,557,472
Weighted average shares of common stock outstanding used to compute diluted net (loss) income per share 50,530,946 11,090,809 45,599,911 7,848,566