v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities    
Net loss $ (3,042) $ (2,684)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of intangible asset 62 80
Amortization of vendor advances 433 1,298
Fair value of vested restricted stock units 518 153
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (85) (50)
Accounts payable and accrued expenses 66 (316)
Net cash used in operating activities (2,048) (1,519)
Proceeds from the At the Market (ATM) offering 392
Proceeds from the sale and exercise of prefunded warrants 3,058
Proceeds from the equity line of credit 223
Payment of deferred offering costs (209)
Net cash provided by financing activities 183 3,281
Net increase (decrease) in cash and cash equivalents (1,865) 1,762
Cash and cash equivalents, beginning of period 4,491 1,272
Cash and cash equivalents, end of period 2,626 3,034
Supplemental cash flows disclosures:    
Interest paid
Taxes paid
Supplemental non-cash financing disclosures:    
Common shares issued for deferred offering costs 328
Common shares issued for vendor advances 156
Reclassification of deferred offering costs to shareholders’ equity $ 18 $ 13