v3.26.1
Segments (Tables)
 6 Months Ended
Jun. 30, 2026
Segments [Abstract]  
Summary of Significant Expense Categories and Asset Categories
The table below summarizes the significant expense categories regularly reviewed by the CODM for the six month periods ended June 30, 2026 and 2025 (in thousands).
 
           
   Six Months
Ended
June 30, 		 
     2026      2025  
  (in thousands)
Operating expenses:
         
Research and development
 $4,366   $9,746 
General and administrative
  3,693    2,776 
Total operating expenses
  8,059    12,522 
Total operating loss
  (8,059)    (12,522) 
Other income (expense):
         
Interest income
  64    62 
Interest expense
  (3,992)    (3,570) 
Change in fair value of derivatives
  (2,172)    (1,122) 
Total other expense
  (6,100)    (4,630) 
Net loss
 $(14,159)   $(17,152) 
Preferred stock dividends
  (83)    (37) 
Net loss applicable to common stockholders
 $(14,242)   $(17,189) 
The table below summarizes the significant asset categories regularly reviewed by the CODM as of June 30, 2026 and December 31, 2025 (in thousands).
     June 30,
2026 		     December 31,
2025 		 
  (in thousands)
Cash and cash equivalents
 $13,269   $17,720