v3.26.1
Condensed Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock [Member]
Treasury Stock, Common [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2024 $ 35 $ (433) $ 278,001 $ 64 $ (251,393) $ 26,274
Balance, shares at Dec. 31, 2024 34,728,140          
Treasury stock balance, shares at Dec. 31, 2024   (433,333)        
Fair value of vested options 1,423 1,423
Unrealized loss on marketable securities (35) (35)
Fair value of vested restricted stock units 103 103
Cost of stock option modifications and repricing 6 6
Issuance of common stock for cash $ 3 9,550 9,553
Issuance of common stock for cash, shares 3,000,000          
Issuance of common stock upon exercise of stock options 14 14
Issuance of common stock upon exercise of stock options, shares 5,000          
Net loss (7,492) (7,492)
Balance at Mar. 31, 2025 $ 38 $ (433) 289,097 29 (258,885) 29,846
Balance, shares at Mar. 31, 2025 37,733,140          
Treasury stock balance, shares at Mar. 31, 2025   (433,333)        
Balance at Dec. 31, 2024 $ 35 $ (433) 278,001 64 (251,393) 26,274
Balance, shares at Dec. 31, 2024 34,728,140          
Treasury stock balance, shares at Dec. 31, 2024   (433,333)        
Net loss           (14,948)
Balance at Jun. 30, 2025 $ 38 $ (433) 290,631 3 (266,341) 23,898
Balance, shares at Jun. 30, 2025 37,759,016          
Treasury stock balance, shares at Jun. 30, 2025   (433,333)        
Balance at Mar. 31, 2025 $ 38 $ (433) 289,097 29 (258,885) 29,846
Balance, shares at Mar. 31, 2025 37,733,140          
Treasury stock balance, shares at Mar. 31, 2025   (433,333)        
Fair value of vested options 1,290 1,290
Unrealized loss on marketable securities (26) (26)
Fair value of vested restricted stock units 185 185
Cost of stock option modifications and repricing 7 7
Net loss (7,456) (7,456)
Common stock issued under equity award plans 52 52
Common stock issued under equity award plans, shares 25,876          
Balance at Jun. 30, 2025 $ 38 $ (433) 290,631 3 (266,341) 23,898
Balance, shares at Jun. 30, 2025 37,759,016          
Treasury stock balance, shares at Jun. 30, 2025   (433,333)        
Balance at Dec. 31, 2025 $ 38 $ (433) 295,468 9 (283,538) $ 11,544
Balance, shares at Dec. 31, 2025 38,139,144          
Treasury stock balance, shares at Dec. 31, 2025   (433,333)       433,333
Fair value of vested options 1,394 $ 1,394
Unrealized loss on marketable securities (14) (14)
Fair value of vested restricted stock units 319 319
Fair value of vested restricted stock units , shares 29,063          
Cost of stock option modifications and repricing 68 68
Issuance of common stock for cash $ 7 18,518 18,525
Issuance of common stock for cash, shares 6,666,667          
Issuance of common stock upon exercise of stock options 13 13
Issuance of common stock upon exercise of stock options, shares 5,542          
Net loss (8,928) (8,928)
Balance at Mar. 31, 2026 $ 45 $ (433) 315,780 (5) (292,466) 22,921
Balance, shares at Mar. 31, 2026 44,840,416          
Treasury stock balance, shares at Mar. 31, 2026   (433,333)        
Balance at Dec. 31, 2025 $ 38 $ (433) 295,468 9 (283,538) $ 11,544
Balance, shares at Dec. 31, 2025 38,139,144          
Treasury stock balance, shares at Dec. 31, 2025   (433,333)       433,333
Issuance of common stock upon exercise of stock options, shares           5,542
Net loss           $ (18,399)
Balance at Jun. 30, 2026 $ 45 $ (433) 318,440 (2) (301,937) $ 16,113
Balance, shares at Jun. 30, 2026 45,103,461          
Treasury stock balance, shares at Jun. 30, 2026   (433,333)       433,333
Balance at Mar. 31, 2026 $ 45 $ (433) 315,780 (5) (292,466) $ 22,921
Balance, shares at Mar. 31, 2026 44,840,416          
Treasury stock balance, shares at Mar. 31, 2026   (433,333)        
Fair value of vested options 1,417 1,417
Unrealized loss on marketable securities 3 3
Fair value of vested restricted stock units 782 782
Fair value of vested restricted stock units , shares 123,965          
Cost of stock option modifications and repricing 68 68
Issuance of common stock for cash 339 339
Issuance of common stock for cash, shares 120,087          
Net loss (9,471) (9,471)
Common stock issued under equity award plans 54 54
Common stock issued under equity award plans, shares 18,993          
Balance at Jun. 30, 2026 $ 45 $ (433) $ 318,440 $ (2) $ (301,937) $ 16,113
Balance, shares at Jun. 30, 2026 45,103,461          
Treasury stock balance, shares at Jun. 30, 2026   (433,333)       433,333