v3.26.1
CONDENSED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (1,958) $ (2,124)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 17 0
Change in fair value of warrant liability 0 31
Common stock issued for consulting services rendered, including board fees and salary 275 0
Stock-based compensation 113 252
Changes in operating assets and liabilities:    
Receivables 3 3
Prepaid expenses and other current assets 169 (18)
Accounts payable 118 293
Accrued expenses (68) 90
Net cash flows from operating activities (1,331) (1,473)
Cash flows from financing activities:    
Proceeds from the issuance of common stock and pre funded warrants, net of offering costs 0 1,911
Proceeds from sale of Series A-1 preferred stock 0 500
Proceeds from sale of Series A-2 preferred stock 0 850
Proceeds from equity line of credit, net of cost 70 0
Net cash flows from financing activities 70 3,261
Net increase (decrease) in cash, cash equivalents (1,261) 1,788
Cash and cash equivalents, beginning of period 1,385 1,091
Cash and cash equivalents, end of period $ 124 $ 2,879