Note 8 - Subsequent Events |
6 Months Ended | ||
|---|---|---|---|
Jun. 30, 2026 | |||
| Notes to Financial Statements | |||
| Subsequent Events [Text Block] |
The Company evaluated subsequent events for their potential impact on the condensed financial statements and disclosures through the date the condensed financial statements were issued and determined that, except as set forth below, no subsequent events occurred that were reasonably expected to impact the condensed financial statements presented herein.
On July 29, 2026, the Company entered into a waiver and release agreement with Aegis Capital Corp. (“Aegis”) pursuant to which the Company agreed to pay Aegis: (i) $0.7 million, which was paid on July 30, 2026, in exchange for a waiver of any and all rights of first refusal arising from prior engagement agreements with Aegis; and (ii) $0.3 million, to be paid prior to any future financing, in exchange for a waiver of any tail fees associated with the Prior Agreements.
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