v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash $ 12,771 $ 1,659
Prepaid expenses and other current assets 188 181
Total current assets 12,959 1,840
Other non-current assets 385 432
Total assets 13,344 2,272
Current liabilities:    
Accounts payable 3,749 3,963
Accrued expenses and other current liabilities 1,590 1,764
Other liabilities 406 406
Convertible promissory notes, current ($300 to related parties) 3,107 3,133
Senior secured notes, current 1,430 1,273
Total liabilities 10,282 10,539
Commitments and contingencies (Note 5)
Stockholders’ equity (deficit)    
Common Stock, $0.0001 par value; 600,000,000 shares authorized; 187,328,921 and 172,318,506 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 19 17
Additional paid-in capital 124,949 110,211
Accumulated other comprehensive loss (201) (162)
Accumulated deficit (121,705) (118,333)
Total stockholders’ equity (deficit) 3,062 (8,267)
Total liabilities and stockholders’ equity (deficit) 13,344 2,272
Series A Convertible Preferred Stock [Member]    
Stockholders’ equity (deficit)    
Convertible preferred stock value 0 0
Series C Convertible Preferred Stock [Member]    
Stockholders’ equity (deficit)    
Convertible preferred stock value 0 0
Series D Convertible Preferred Stock [Member]    
Stockholders’ equity (deficit)    
Convertible preferred stock value $ 0 $ 0