Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Stockholders' Equity (Unaudited)

v3.26.1
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Subscription Receivable [Member]
Retained Earnings [Member]
Treasury Stock, Common [Member]
AOCI Attributable to Parent [Member]
Total
Balance at Dec. 31, 2024 $ 23 $ 129,921   $ (58,393) $ (64,000) $ (198) $ 7,353
Balance, shares at Dec. 31, 2024 29,874,029            
Stock-based compensation 1,029     1,029
Net loss   (506) (506)
Issuance of common stock for cash, net of offering cost 6 (10,805)   14,357 3,558
Unrealized gain on marketable securities   2 2
Issuance of common stock for cash, net of offering cost, shares 11,315,000            
Issuance of common stock as commitment fee for future financing  
Issuance of common stock as commitment fee for future financing, shares 352,176            
Balance at Jun. 30, 2025 $ 29 120,145 (58,899) (49,643) (196) 11,436
Balance, shares at Jun. 30, 2025 41,541,205            
Balance at Mar. 31, 2025 $ 29 119,837 (480) (54,427) (49,643) (198) 15,118
Balance, shares at Mar. 31, 2025 41,541,205            
Stock-based compensation 508     508
Net loss   (4,472) (4,472)
Issuance of common stock for cash, net of offering cost (200) 480 280
Unrealized gain on marketable securities 2 2
Balance at Jun. 30, 2025 $ 29 120,145 (58,899) (49,643) (196) 11,436
Balance, shares at Jun. 30, 2025 41,541,205            
Balance at Dec. 31, 2025 $ 4 126,481   (73,136) (49,643) (198) 3,508
Balance, shares at Dec. 31, 2025 8,966,405            
Stock-based compensation 765   765
Net loss   (8,226) (8,226)
Issuance of common stock for cash, net of offering cost 41   41
Issuance of common stock for cash, net of offering cost, shares 163,900            
Issuance of common stock as commitment fee for future financing  
Issuance of common stock as commitment fee for future financing, shares 549,105            
Issuance of common shares and warrants in conjunction with debt issuance 32   32
Issuance of common shares and warrants in conjunction with debt issuance, shares 155,000            
Issuance of common stock to convert outstanding debt $ 3 766   769
Issuance of common stock to convert outstanding debt, shares 4,181,614            
Balance at Jun. 30, 2026 $ 7 128,085 (81,362) (49,643) (198) (3,111)
Balance, shares at Jun. 30, 2026 14,016,024            
Balance at Mar. 31, 2026 $ 7 127,710 (78,311) (49,643) (198) (435)
Balance, shares at Mar. 31, 2026 14,016,024            
Stock-based compensation 375 375
Net loss (3,051) (3,051)
Balance at Jun. 30, 2026 $ 7 $ 128,085 $ (81,362) $ (49,643) $ (198) $ (3,111)
Balance, shares at Jun. 30, 2026 14,016,024