v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (3,202) $ (20,102)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation and amortization   135
Non-cash operating lease cost   184
Loss on fair value remeasurement of contingent consideration   174
Amortization of debt discount and other non-cash interest   359
Stock-based compensation (607) 4,550
Issuance of Common Stock for service contract 1,755  
Change in operating assets and liabilities:    
Prepaid expenses and other current assets (1,420) (105)
Other long-term assets   (7)
Accounts payable 156 30
Accrued expenses and other current liabilities (1,112) (1,596)
Lease liabilities and other long-term liabilities   (180)
Net cash used in operating activities (4,430) (16,558)
Cash flows from investing activities:    
Payment for short-term investment (7,000) (16)
Net cash used in investing activities (7,000) (16)
Cash flows from financing activities:    
Payment of issuance costs from issuance of common stock and Series I preferred stock   (120)
Proceeds from issuance of Series AAA preferred stock, net of issuance cost 4,102  
Payment of principal and payment fee on debt   (2,500)
Payment of principal on finance lease   (58)
Proceeds from issuance of common stock under employee stock purchase plan   13
Net cash provided by (used in) financing activities 4,102 (2,665)
Net (decrease) increase in cash and cash equivalents: (7,328) (19,239)
Cash and cash equivalents at beginning of period 7,557 51,181
Cash and cash equivalents at end of period 229 31,942
Non-cash investing and financing activities:    
Issuance of common stock to satisfy service contract in additional paid-in capital $ 1,755  
Supplemental disclosure:    
Cash paid for interest   $ 1,853