v3.26.1
CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY/(DEFICIT) (UNAUDITED) - USD ($)
$ in Thousands
Total
Convertible Preferred Stock [Member]
Common Stock [Member]
Treasury Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Lincoln Park Purchase Agreement [Member]
Lincoln Park Purchase Agreement [Member]
Common Stock [Member]
Lincoln Park Purchase Agreement [Member]
Additional Paid-in Capital [Member]
Distribution Agreement [Member]
Distribution Agreement [Member]
Common Stock [Member]
Distribution Agreement [Member]
Additional Paid-in Capital [Member]
Balance at Dec. 31, 2024 $ (8,949)   $ 0 $ (500) $ 485,030 $ (493,479)            
Balance (in shares) at Dec. 31, 2024   1,952 246,190                  
Balance, Treasury (in shares) at Dec. 31, 2024       (10,337)                
Stock-based compensation 148       148              
Exercise of pre-funded warrants     $ 1   (1)              
Exercise of pre-funded warrants (in Shares)     261,429                  
Exercise of Series B Warrants from May 2024 PIPE 882       882              
Exercise of Series B Warrants from May 2024 PIPE (in shares)     19,912                  
Exchange of warrants for notes payable (3,694)       (3,694)              
Issuance of common stock, pre-funded warrants and warrants for debt repayment 5,373       5,373              
Issuance of common stock, pre-funded warrants and warrants for debt repayment (in shares)     162,789                  
Net Income (Loss) (17,401)         (17,401)            
Balance at Mar. 31, 2025 (23,641)   $ 1 $ (500) 487,738 (510,880)            
Balance (in shares) at Mar. 31, 2025   1,952 690,320                  
Balance, Treasury (in shares) at Mar. 31, 2025       (10,337)                
Balance at Dec. 31, 2024 (8,949)   $ 0 $ (500) 485,030 (493,479)            
Balance (in shares) at Dec. 31, 2024   1,952 246,190                  
Balance, Treasury (in shares) at Dec. 31, 2024       (10,337)                
Net Income (Loss) (12,250)                      
Balance at Jun. 30, 2025 3,034   $ 4 $ (500) 509,259 (505,729)            
Balance (in shares) at Jun. 30, 2025   1,952 3,697,534                  
Balance, Treasury (in shares) at Jun. 30, 2025       (10,337)                
Balance at Mar. 31, 2025 (23,641)   $ 1 $ (500) 487,738 (510,880)            
Balance (in shares) at Mar. 31, 2025   1,952 690,320                  
Balance, Treasury (in shares) at Mar. 31, 2025       (10,337)                
Stock-based compensation 152       152              
Exercise of March 2025 Series B Warrants 858   $ 2   856              
Exercise of March 2025 Series B Warrants (in Shares)     2,251,081                  
Exercise of pre-funded warrants (in Shares)     360,653                  
Cancellation of common stock (in Shares)     (12,000)                  
Issuance of common stock             $ 2,746 $ 1 $ 2,745      
Issuance of common stock (in, Shares)               407,480        
Reclassification of 2025 Series B warrant liability to equity 10,967       10,967              
Modification of warrants 6,801       6,801              
Net Income (Loss) 5,151         5,151            
Balance at Jun. 30, 2025 3,034   $ 4 $ (500) 509,259 (505,729)            
Balance (in shares) at Jun. 30, 2025   1,952 3,697,534                  
Balance, Treasury (in shares) at Jun. 30, 2025       (10,337)                
Balance at Dec. 31, 2025 $ 3,996   $ 6 $ (500) 520,355 (515,865)            
Balance (in shares) at Dec. 31, 2025   1,952 5,557,371                  
Balance, Treasury (in shares) at Dec. 31, 2025 10,337     (10,337)                
Stock-based compensation $ 1,022       1,022              
Cancellation of common stock (in Shares)     (272,821)                  
Issuance of common stock upon vesting of RSUs     8,867                  
Issuance of common stock 13,889   $ 1   13,888              
Issuance of common stock (in, Shares)     1,578,947                  
Net Income (Loss) (6,946)         (6,946)            
Balance at Mar. 31, 2026 11,961   $ 7 $ (500) 535,265 (522,811)            
Balance (in shares) at Mar. 31, 2026   1,952 6,872,364                  
Balance, Treasury (in shares) at Mar. 31, 2026       (10,337)                
Balance at Dec. 31, 2025 $ 3,996   $ 6 $ (500) 520,355 (515,865)            
Balance (in shares) at Dec. 31, 2025   1,952 5,557,371                  
Balance, Treasury (in shares) at Dec. 31, 2025 10,337     (10,337)                
Net Income (Loss) $ (15,952)                      
Balance at Jun. 30, 2026 $ 5,463   $ 7 $ (500) 537,773 (531,817)            
Balance (in shares) at Jun. 30, 2026   1,952 7,320,345                  
Balance, Treasury (in shares) at Jun. 30, 2026 10,337     (10,337)                
Balance at Mar. 31, 2026 $ 11,961   $ 7 $ (500) 535,265 (522,811)            
Balance (in shares) at Mar. 31, 2026   1,952 6,872,364                  
Balance, Treasury (in shares) at Mar. 31, 2026       (10,337)                
Stock-based compensation 830       830              
Issuance of common stock upon vesting of RSUs     11,533                  
Issuance of common stock                   $ 1,678   $ 1,678
Issuance of common stock (in, Shares)                     436,448  
Net Income (Loss) (9,006)         (9,006)            
Balance at Jun. 30, 2026 $ 5,463   $ 7 $ (500) $ 537,773 $ (531,817)            
Balance (in shares) at Jun. 30, 2026   1,952 7,320,345                  
Balance, Treasury (in shares) at Jun. 30, 2026 10,337     (10,337)