v3.26.1
Condensed Consolidated Statements of Changes in Stockholders' Equity (Deficiency) (Unaudited) - USD ($)
$ in Thousands
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2024 $ 1 $ 94 $ 158,437 $ (151,884) $ 6,648
Balance, shares at Dec. 31, 2024 7,561,875 9,411      
Fair value of vested options 56 56
Net loss (8,079) (8,079)
Dividends on Series A (5) (5)
Common stock issued upon conversion of SAFE agreement 115 115
Common shares issued upon conversion of SAFE agreement with related entities, shares 12,778        
Common stock issued for cash 3,000 3,000
Common shares issued for cash, shares 537,632        
Balance at Jun. 30, 2025 $ 1 $ 94 161,608 (159,968) 1,735
Balance, shares at Jun. 30, 2025 8,112,285 9,411      
Balance at Mar. 31, 2025 $ 1 $ 94 158,484 (153,915) 4,664
Balance, shares at Mar. 31, 2025 7,561,875 9,411      
Fair value of vested options 9 9
Net loss (6,048) (6,048)
Dividends on Series A (5) (5)
Common stock issued upon conversion of SAFE agreement 115 115
Common shares issued upon conversion of SAFE agreement with related entities, shares 12,778        
Common stock issued for cash 3,000 3,000
Common shares issued for cash, shares 537,632        
Balance at Jun. 30, 2025 $ 1 $ 94 161,608 (159,968) 1,735
Balance, shares at Jun. 30, 2025 8,112,285 9,411      
Balance at Dec. 31, 2025 $ 5 $ 94 176,783 (167,731) 9,151
Balance, shares at Dec. 31, 2025 11,820,429 9,411      
Fair value of vested options 8 8
Fair value of vested restricted shares 94 94
Fair value of vested restricted shares, shares 36,657        
Net loss (10,737) (10,737)
Balance at Jun. 30, 2026 $ 5 $ 94 176,884 (178,468) (1,485)
Balance, shares at Jun. 30, 2026 11,857,086 9,411      
Balance at Mar. 31, 2026 $ 5 $ 94 176,787 (174,195) 2,691
Balance, shares at Mar. 31, 2026 11,820,429 9,411      
Fair value of vested options 3 3
Fair value of vested restricted shares 94 94
Fair value of vested restricted shares, shares 36,657        
Net loss (4,273) (4,273)
Balance at Jun. 30, 2026 $ 5 $ 94 $ 176,884 $ (178,468) $ (1,485)
Balance, shares at Jun. 30, 2026 11,857,086 9,411