v3.26.1
Segment Information (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Information

The following table is representative of revenue and significant expense categories regularly provided to the CODM when managing the Company’s single reporting segment (in thousands):

 

 

Three Months Ended June 30,

 

 

 

Six Months Ended June 30,

 

 

2026

 

 

2025

 

 

 

2026

 

 

2025

 

Revenues

 

$

909

 

 

$

422

 

 

 

$

1,472

 

 

$

619

 

Program expenses (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

Clinical trial studies(1)

 

 

502

 

 

 

539

 

 

 

 

924

 

 

 

1,209

 

Manufacturing, RenovoCath

 

 

260

 

 

 

383

 

 

 

 

496

 

 

 

720

 

Other research and development expenses

 

 

91

 

 

 

78

 

 

 

 

148

 

 

 

204

 

Non-program expenses (2)

 

 

1,398

 

 

 

998

 

 

 

 

2,925

 

 

 

2,104

 

Personnel compensation and related expenses, including share-based compensation

 

 

2,008

 

 

 

1,102

 

 

 

 

3,797

 

 

 

2,170

 

Other segment items (3)

 

 

(439

)

 

 

217

 

 

 

 

(386

)

 

 

(473

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(2,911

)

 

$

(2,895

)

 

 

$

(6,432

)

 

$

(5,315

)

 

(1)
Includes external research expenses, clinical studies, manufacturing including manufacturing and non-recurring engineering costs, professional and consulting, regulatory, and trade shows for 2026.
(2)
Includes selling, general and administrative expenses for professional and consulting expenses, audit fees, board fees, legal expenses, insurance expenses, travel, marketing expenses for 2026 and other office expenses.
(3)
Includes interest income and interest expense and gain recognized on the fair value of common stock warrant liability.