v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 5,073 $ 5,061
Restricted cash, short-term 544 0
Prepaid expenses and other current assets 1,107 1,854
Total current assets 6,724 6,915
Property and equipment, net 46 62
Restricted cash, long-term 0 544
Operating lease right-of-use asset 1,206 1,890
Other assets 2,012 1,573
Goodwill 8,982 8,982
Total assets 18,970 19,966
Current liabilities:    
Accounts payable 5,388 5,612
Accrued liabilities 7,243 7,274
Current portion of operating lease liability 1,044 1,190
Total current liabilities 13,675 14,076
Long-term operating lease liability 0 428
Warrant liability 600 0
Total liabilities 14,275 14,504
Stockholders’ equity:    
Preferred stock, $0.01 par value—5,000,000 shares authorized, no shares issued and outstanding at June 30, 2026 and December 31, 2025 0 0
Common stock, $0.01 par value—567,514,300 shares authorized, 1,949,041 shares issued and outstanding at June 30, 2026; 68,343,750 shares authorized, 646,537 shares issued and outstanding at December 31, 2025 19 6
Additional paid-in capital 1,284,837 1,252,837
Accumulated deficit (1,280,161) (1,247,381)
Total stockholders’ equity 4,695 5,462
Total liabilities and stockholders’ equity $ 18,970 $ 19,966