v3.26.1
Note 2 - Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

 

 

June 30,

 

 

 

2026

 

 

2025

 

Common Stock options

 

 

42,211

 

 

 

104,191

 

Common Stock warrants

 

 

447,673

 

 

 

745,701

 

Total Common Stock equivalents

 

 

489,884

 

 

 

849,892

 

Fair Value, by Balance Sheet Grouping [Table Text Block]

 

 

June 30, 2026

 

 

December 31, 2025

 

Fair Value

 

 

Carrying Value

 

 

Estimated Fair Value

 

 

Carrying Value

 

 

Estimated Fair Value

 

Input Hierarchy

Money market accounts

 

$

25,023

 

 

$

25,023

 

 

$

25,689

 

 

$

25,689

 

Level 1

Earnout liabilities

 

 

 

 

 

 

 

 

152,049

 

 

 

152,049

 

Level 3

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

 

 

June 30,

 

Earnout Liabilities:

 

2026

 

 

2025

 

Balance, beginning of year

 

$

152,049

 

 

$

 

Initial recognition

 

 

 

 

 

301,633

 

Change in fair value

 

 

(152,049

)

 

 

29,630

 

Balance, end of period

 

$

 

 

$

331,263

 

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Discount rate

 

21%

 

 

21%

 

Probability of milestone achievement

 

0%

 

 

100%

 

Expected term (in years)

 

0.50

 

 

1.00

 

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Discount rate

 

 

21%

 

 

 

21%

 

Probability of milestone achievement

 

 

0%

 

 

 

25%

 

Expected term (in years)

 

 

0.54

 

 

 

1.04