v3.26.1
Condensed Consolidated Statements of Stockholders’ Equity (Deficit) - USD ($)
$ in Thousands
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Series A Preferred Stock
Series A Preferred Stock
Preferred Stock
Preferred stock, beginning balance (in shares) at Dec. 31, 2024             44,866,000
Beginning balance at Dec. 31, 2024 $ (40,820)   $ 9 $ 214,063 $ (254,937)   $ 45
Common stock, beginning balance (in shares) at Dec. 31, 2024     9,328,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock-based compensation 106     106      
Exercise of stock options (in shares)     3,000        
Net loss (12,656)       (12,656)    
Preferred stock, ending balance (in shares) at Mar. 31, 2025             44,866,000
Ending balance at Mar. 31, 2025 (53,370)   $ 9 214,169 (267,593)   $ 45
Common stock, ending balance (in shares) at Mar. 31, 2025     9,331,000        
Preferred stock, beginning balance (in shares) at Dec. 31, 2024             44,866,000
Beginning balance at Dec. 31, 2024 (40,820)   $ 9 214,063 (254,937)   $ 45
Common stock, beginning balance (in shares) at Dec. 31, 2024     9,328,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net loss (25,503)            
Preferred stock, ending balance (in shares) at Jun. 30, 2025   9,331,830       44,866,071 44,866,000
Ending balance at Jun. 30, 2025 (66,111)   $ 9 214,275 (280,440)   $ 45
Common stock, ending balance (in shares) at Jun. 30, 2025     9,331,000        
Preferred stock, beginning balance (in shares) at Mar. 31, 2025             44,866,000
Beginning balance at Mar. 31, 2025 (53,370)   $ 9 214,169 (267,593)   $ 45
Common stock, beginning balance (in shares) at Mar. 31, 2025     9,331,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock-based compensation 106     106      
Net loss (12,847)       (12,847)    
Preferred stock, ending balance (in shares) at Jun. 30, 2025   9,331,830       44,866,071 44,866,000
Ending balance at Jun. 30, 2025 $ (66,111)   $ 9 214,275 (280,440)   $ 45
Common stock, ending balance (in shares) at Jun. 30, 2025     9,331,000        
Preferred stock, beginning balance (in shares) at Dec. 31, 2025 0           0
Beginning balance at Dec. 31, 2025 $ 43,042   $ 10 362,055 (319,023)   $ 0
Common stock, beginning balance (in shares) at Dec. 31, 2025 9,699,858   9,700,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Common stock issued for stock rights (in shares)     750,000        
Common stock issued for stock rights $ 3,033   $ 1 3,032      
Net loss (19,882)       (19,882)    
Preferred stock, ending balance (in shares) at Mar. 31, 2026             0
Ending balance at Mar. 31, 2026 $ 26,193   $ 11 365,087 (338,905)   $ 0
Common stock, ending balance (in shares) at Mar. 31, 2026     10,450,000        
Preferred stock, beginning balance (in shares) at Dec. 31, 2025 0           0
Beginning balance at Dec. 31, 2025 $ 43,042   $ 10 362,055 (319,023)   $ 0
Common stock, beginning balance (in shares) at Dec. 31, 2025 9,699,858   9,700,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net loss $ (40,053)            
Preferred stock, ending balance (in shares) at Jun. 30, 2026 0           0
Ending balance at Jun. 30, 2026 $ 7,178   $ 11 366,243 (359,076)   $ 0
Common stock, ending balance (in shares) at Jun. 30, 2026 10,893,417   10,893,000        
Preferred stock, beginning balance (in shares) at Mar. 31, 2026             0
Beginning balance at Mar. 31, 2026 $ 26,193   $ 11 365,087 (338,905)   $ 0
Common stock, beginning balance (in shares) at Mar. 31, 2026     10,450,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Common stock issued for stock rights (in shares)     443,000        
Common stock issued for stock rights 1,156     1,156      
Net loss $ (20,171)       (20,171)    
Preferred stock, ending balance (in shares) at Jun. 30, 2026 0           0
Ending balance at Jun. 30, 2026 $ 7,178   $ 11 $ 366,243 $ (359,076)   $ 0
Common stock, ending balance (in shares) at Jun. 30, 2026 10,893,417   10,893,000