v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 4,117 $ 2,496
Accounts receivable, net of allowance for doubtful accounts of $0 and $0 as of March 31, 2026 and December 31, 2025, respectively 30 20
Prepaid expenses 151 216
Total current assets 4,298 2,732
Property and equipment, net 13 16
Operating lease right-of-use asset, net 273 494
Other assets 171 171
Total assets 4,755 3,413
Current liabilities:    
Accounts payable 541 641
Accrued expenses and other current liabilities 1,221 1,349
Operating lease liability - current 293 442
Total current liabilities 2,055 2,432
Operating lease liability - noncurrent 0 86
Total liabilities 2,055 2,518
Commitments and Contingencies  
Stockholders’ equity (deficit):    
Preferred stock, $0.001 par value, 25,000,000 shares authorized and no shares issued and outstanding as of March 31, 2026 and December 31, 2025 0 0
Common stock, $0.001 par value, 50,000,000 shares authorized, 10,940,372 and 10,755,647 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 15 11
Additional paid-in capital 174,906 169,233
Accumulated deficit (172,221) (168,349)
Total stockholders’ equity (deficit) 2,700 895
Total liabilities and stockholders’ equity (deficit) $ 4,755 $ 3,413