| Schedule of Other Financial Information Regarding The Company’s Operating Segment |
See
the condensed consolidated financial statements for other financial information regarding the Company’s operating segment.
| |
|
Three Months Ended
June 30, |
|
|
Six Months Ended
June 30, |
|
| |
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
| Operating expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Research personnel compensation costs, including stock-based
compensation |
|
$ |
289 |
|
|
$ |
320 |
|
|
$ |
586 |
|
|
$ |
658 |
|
| Contract research organization and regulatory costs |
|
|
431 |
|
|
|
— |
|
|
|
1,066 |
|
|
|
— |
|
| Administrative personnel compensation costs, including stock-based
compensation |
|
|
653 |
|
|
|
401 |
|
|
|
1,352 |
|
|
|
736 |
|
| Rent and office costs |
|
|
96 |
|
|
|
118 |
|
|
|
223 |
|
|
|
318 |
|
| Legal and accounting costs |
|
|
379 |
|
|
|
110 |
|
|
|
1,599 |
|
|
|
649 |
|
| Other expenses
(1) |
|
|
697 |
|
|
|
54 |
|
|
|
1,725 |
|
|
|
66 |
|
| Total segment expenses |
|
|
2,545 |
|
|
|
1,003 |
|
|
|
6,551 |
|
|
|
2,427 |
|
| Loss from operations |
|
|
(2,545 |
) |
|
|
(1,003 |
) |
|
|
(6,551 |
) |
|
|
(2,427 |
) |
| Other income (expense): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Loss on change in the fair value of convertible notes |
|
|
(4,251 |
) |
|
|
(153 |
) |
|
|
(5,048 |
) |
|
|
(309 |
) |
| Gain on change in fair value of warrant liabilities |
|
|
418 |
|
|
|
— |
|
|
|
676 |
|
|
|
— |
|
| Loss on disposal of digital assets |
|
|
— |
|
|
|
— |
|
|
|
(295 |
) |
|
|
— |
|
| Interest expense (including related parties amounts of $5
and $533
for the three months ended June 30, 2026 and 2025, and $10
and $1,142
for the six months ended June 30, 2026 and 2025, respectively) |
|
|
(21 |
) |
|
|
(1,193 |
) |
|
|
(39 |
) |
|
|
(2,328 |
) |
| Gain on extinguishment of PPP loan |
|
|
— |
|
|
|
— |
|
|
|
1,391 |
|
|
|
— |
|
| Financing costs |
|
|
(2,410 |
) |
|
|
— |
|
|
|
(2,470 |
) |
|
|
— |
|
| Other income |
|
|
54 |
|
|
|
1 |
|
|
|
125 |
|
|
|
— |
|
| Total other expense, net |
|
|
(6,210 |
) |
|
|
(1,345 |
) |
|
|
(5,660 |
) |
|
|
(2,637 |
) |
| Net loss |
|
$ |
(8,755 |
) |
|
$ |
(2,348 |
) |
|
$ |
(12,211 |
) |
|
$ |
(5,064 |
) |
|
(1) |
Other expenses includes public relations costs, insurance costs, third party professional services
and consulting costs and small balances of research materials and supplies. |
|