v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 7,262,000 $ 8,878,000
Prepaid expenses and other current assets 1,461,000 808,000
Total current assets 8,723,000 9,686,000
Intangible assets 11,148,000 11,148,000
Other non-current assets 900,000 900,000
Operating lease right-of-use asset 254,000 314,000
Furniture and equipment, net 62,000 78,000
Total assets 21,087,000 22,126,000
Liabilities, Current [Abstract]    
Accounts payable 4,337,000 3,508,000
Accrued expenses and other current liabilities 4,976,000 3,346,000
Total current liabilities 9,313,000 6,854,000
Operating lease liability - long-term, net of current portion 147,000 222,000
Warrant liability 40,000 44,000
Total liabilities 9,500,000 7,120,000
Commitments and contingencies (Note 7)
Stockholders' equity    
Preferred stock, $0.001 par value; 5,000,000 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.001 par value; 500,000,000 shares authorized; 7,100,000 and 3,199,228 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 7,000 3,000
Additional paid-in capital 238,128,000 220,997,000
Accumulated other comprehensive income (loss) (64,000) 10,000
Accumulated deficit (226,484,000) (206,004,000)
Total stockholders’ equity 11,587,000 15,006,000
Total liabilities and stockholders’ equity $ 21,087,000 $ 22,126,000