v3.26.1
Balance Sheet Details (Tables)
6 Months Ended
Jun. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Inventories

Inventories consist of the following (in thousands):

  

   June 30, 2026   December 31, 2025 
Raw materials  $329   $206 
Work in process   1,202    301 
Finished goods   624    622 
Total  $2,155   $1,129 
Schedule of Prepaid and Other Current Assets

Prepaid and other current assets consist of the following (in thousands):

  

   June 30, 2026   December 31, 2025 
Insurance  $389   $436 
Prescription Drug User Fee Act (PDUFA) fees   221    - 
Receivable from Pharma 1   188    377 
Outside service retainers   26    98 
Short-term deposits   144    131 
Other   177    55 
Total  $1,145   $1,097 
Schedule of Property and Equipment Net

Property and equipment, net, consists of the following (in thousands):

  

   Useful Life  June 30, 2026   December 31, 2025 
Research equipment  5 years  $96   $96 
Computer equipment and software  3 years   37    36 
Construction in-process  -   402    402 
Property and equipment, gross      535    534 
Less: accumulated depreciation      (123)   (116)
Total, net     $412   $418 
Schedule of Intangible Assets, Net

Intangible asset, net, consists of the following (in thousands):

  

   Useful Life  June 30, 2026   December 31, 2025 
Intellectual property  16 years  $

2,076

   $5,466 
Less: accumulated amortization      

(1,207

)   (1,118)
Total, net     $869   $4,348 
Schedule of Accrued Expenses

Accrued expenses consist of the following (in thousands):

  

   June 30, 2026   December 31, 2025 
Accrued royalty  $24   $28 
Accrued compensation for non-employee directors   653    653 
Other   894    611 
Total  $1,571   $1,292 
Schedule of Other Current Liabilities

Other current liabilities consist of the following (in thousands):

  

   June 30, 2026   December 31, 2025 
Variable consideration related to net revenue  $10,084   $11,226 
Advancement on the July 2026 HUB Note (Note 4)   706    - 
Liability for loss on purchase commitment   -    304 
Deferred revenue   377    402 
Other   4    84 
Total  $11,171   $12,016