v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 26,686 $ 7,797
Accounts receivable, net 206 161
Prepaid expense and other current assets 2,266 934
Total current assets 29,158 8,892
Investments 402 397
Property and equipment, net 919 63
Intangible assets, net (provisional) 832 925
Goodwill (provisional) 1,793 1,793
Other assets 224 253
Total assets 34,160 12,956
LIABILITIES AND STOCKHOLDERS’ DEFICIT    
Accounts payable 3,146 4,270
Accrued and other current liabilities 11,048 11,337
Accrued clinical site costs 340 351
Insurance loan payable 412 0
Warrant liabilities 18,550 12,304
Total current liabilities 33,874 28,578
Total liabilities 34,330 28,893
Commitments and Contingencies (Note 10)
Common Stock, $0.001 par value, 500,000,000 shares authorized; 43,157,744 and 31,734,333 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 43 32
Additional paid-in capital 324,632 290,926
Accumulated deficit (324,845) (306,895)
Total stockholders’ deficit (170) (15,937)
Total liabilities and stockholders' deficit 34,160 12,956
Nondesignated Preferred Stock [Member]    
LIABILITIES AND STOCKHOLDERS’ DEFICIT    
Preferred stock 0 0
Series A Convertible Preferred Stock [Member]    
LIABILITIES AND STOCKHOLDERS’ DEFICIT    
Preferred stock 0 0
Nonrelated Party [Member]    
ASSETS    
Right-of-use assets, net 665 414
LIABILITIES AND STOCKHOLDERS’ DEFICIT    
Lease liability, short term 267 211
Lease liability, noncurrent 396 199
Related Party [Member]    
ASSETS    
Right-of-use assets, net 167 219
LIABILITIES AND STOCKHOLDERS’ DEFICIT    
Lease liability, short term 111 105
Lease liability, noncurrent $ 60 $ 116