v3.26.1
Note 2 - Basis of Presentation, Principles of Consolidation and Significant Accounting Policies and Liquidity (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]
  

June 30, 2026

  

December 31, 2025

 

Prepaid insurance

 $1,035  $512 

Vendor prepayments and deposits

  388   278 

Prepaid sponsored research

  34   11 

Non-trade receivables

  4   7 

Total prepaid expenses and other current assets

 $1,461  $808 
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]

Description

 

Fair Value

  

Level 1

  

Level 2

  

Level 3

 

Fair value of warrant liability as of June 30, 2026:

 $40  $  $  $40 

Fair value of warrant liability as of December 31, 2025:

 $44  $  $  $44 

Three Months Ended June 30, 2026

 

Warrant Liability Long-Term

 

Balance, March 31, 2026

 $33 

Change in fair value - net

  7 

Balance, June 30, 2026

 $40 

Six Months Ended June 30, 2026

 

Warrant Liability Long-Term

 

Balance, December 31, 2025

 $44 

Warrants issued

  23,435 

Warrants exercised

  (1)

Warrants reclassification

  (12,675)

Change in fair value - net

  (10,763)

Balance, June 30, 2026

 $40 
Accounting Standards Update and Change in Accounting Principle [Table Text Block]
  

Three Months Ended

  

Six Months Ended

 
  

June 30, 2025

  

June 30, 2025

 
  

As Reported

  

As Adjusted

  

Effect of

  

As Reported

  

As Adjusted

  

Effect of

 
  

Under Old Policy

  

Under New Policy

  

Change

  

Under Old Policy

  

Under New Policy

  

Change

 

Condensed Consolidated Statement of Operations

                        

Gain (loss) from change in fair value of warrant liability

 $9,609  $(560) $(10,169) $18,663  $(560) $(19,223)

Transaction costs allocated to warrant liabilities

  (1,207)  (1,207)     (2,995)  (1,207)  1,788 

Loss on issuance of warrant liabilities

  (10,352)  (10,352)     (18,150)  (10,352)  7,798 

Net loss

  (7,640)  (17,809)  (10,169)  (14,076)  (23,713)  (9,637)

Net loss per common share - basic and diluted

  (12.30)  (28.68)  (16.38)  (28.26)  (47.61)  (19.35)

Other comprehensive income (loss)

  (7,640)  (17,809)  (10,169)  (14,073)  (23,710)  (9,637)