v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 10,947 $ 8,229
Prepaid expenses and other current assets 387 363
Total current assets 11,334 8,592
Property and equipment, net 2 3
Operating lease right-of-use assets 44 71
Total assets 11,380 8,666
Current liabilities:    
Accounts payable 526 1,837
Accrued expenses 530 750
Operating lease liabilities, current 44 56
Total current liabilities 1,100 2,643
Operating lease liabilities, non-current 0 15
Total liabilities 1,100 2,658
Commitments and contingencies (Note 9)
Stockholders' equity:    
Common stock, $0.0001 par value; 250,000,000 shares authorized; 2,186,115 and 497,693 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 0 0
Additional paid-in capital 65,617 57,704
Accumulated deficit (55,337) (51,696)
Total stockholders’ equity 10,280 6,008
Total liabilities and stockholders' equity $ 11,380 $ 8,666