v3.26.1
Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 8,722 $ 4,380
Prepaid expenses and other current assets 164 202
Inventory 110 103
Total Current Assets 8,996 4,685
Property and equipment, net 1,584 1,102
Other assets 57 56
Total Assets 10,637 5,843
Current Liabilities:    
Accounts payable (includes related party $0 and $5, respectively) 608 1,053
Accrued expenses (includes related party $5 and $0, respectively) 1,852 2,187
Total Current Liabilities 2,460 3,240
Total Liabilities 2,460 3,240
Commitments and Contingencies (Note 8)
Stockholders’ Equity    
Preferred stock - $0.0001 par value; 10,000,000 authorized; 0 shares outstanding at June 30, 2026 and December 31, 2025 0 0
Common stock - $0.0001 par value 100,000,000 shares authorized; 56,349,171 and 40,117,404 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 6 4
Additional paid in capital 95,198 79,887
Accumulated deficit (87,027) (77,288)
Total Stockholders’ Equity 8,177 2,603
Total Liabilities and Stockholders' Equity $ 10,637 $ 5,843