v3.26.1
STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expense
The Company recorded stock-based compensation related to equity-based awards issued under the A&R 2018 Plan in the following expense categories of its accompanying consolidated statements of operations for the three and six months ended June 30, 2026 and 2025:
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Research and development$1$—$4$25
General and administrative334160236
Total$34$41$64$261
Schedule of Activity of Stock Options Granted
The table below represents the activity of stock options granted to employees and non-employees for the six months ended June 30, 2026:
Number of optionsWeighted-average exercise price
Weighted-average remaining contractual term (years)
Outstanding at December 31, 202515,032$68.44 9.67
Granted—
Exercised——
Forfeited/cancelled——
Outstanding at June 30, 202615,032$68.449.17
Exercisable at June 30, 202612,597 $66.929.16
Vested and expected to vest at June 30, 202615,032$68.449.17
Schedule of Valuation Assumptions The Black-Scholes option-pricing model was used to estimate the grant date fair value of each stock option grant at the time of grant using the following weighted-average assumptions:
Six Months Ended June 30, 2025
Volatility110.94 %
Expected term in years5.00
Dividend rate0.00 %
Risk-free interest rate4.45 %
Fair value of common stock on grant date$326.48