v3.26.3
Stock Option Plan (Tables)
9 Months Ended
Sep. 30, 2026
Schedule of Stock Option Activity [Abstract]  
Schedule of Stock Option Activity

Activity under the Plan, as adjusted for the recapitalization and Reverse Stock Splits, is set forth below:

 

    Options Outstanding  
Stock Option Activity   Number of
Options
    Weighted-
Average
Exercise
Price Per
Share
 
Balances at December 31, 2025     103     $ 23,181.00  
Options granted     144       535.11  
Options cancelled     —       —  
Balances at March 31, 2026     247     $ 16,222.92  
Options granted     —       —  
Options cancelled     (2 )     50,527.10  
Balances at June 30, 2026     245     $ 15,942.88  
Options granted     —       —  
Options cancelled     (17 )     50,527.10  
Balances at September 30, 2026     228     $ 13,401.54  
Schedule of Stock Compensation Expense

The following table is a summary of stock compensation expense by function for the stock options activity reflected in the rollforward, for the three and nine months ended September 30, 2026 and 2025 (in thousands).

 

    Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
    2026     2025     2026     2025  
General and administrative   $ 101     $ 579     $ 413     $ 612  
Research and development     25       38       88       92  
Total stock-based compensation   $ 126     $ 617     $ 501     $ 704