v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash $ 2,169 $ 7,025
Restricted cash 75 75
Government contract receivable 35
Tax credit receivable 701 706
Prepaid expenses and other current assets 256 328
Total current assets 3,236 8,134
Property and equipment, net 69 93
Deposits 114 95
Operating lease right-of-use assets, net (including $75 and $152 to related party) 1,230 1,390
Total assets 4,649 9,712
Current liabilities:    
Accounts payable and accrued expenses 2,264 1,876
Current maturities of operating lease liabilities (including $60 and $49 to related party) 352 334
Total current liabilities 2,616 2,210
Long-term liabilities:    
Operating lease liabilities (including $16 and $104 to related party) 989 1,171
Total long-term liabilities 989 1,171
Total liabilities 3,605 3,381
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.001 a par value: 100,000 shares authorized as of June 30, 2026, and December 31, 2025; 13,789 and 13,784 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 13 13
Additional paid-in capital 348,743 348,567
Accumulated deficit (347,712) (342,249)
Total stockholders’ equity 1,044 6,331
Total liabilities and stockholders’ equity $ 4,649 $ 9,712