Quarterly report [Sections 13 or 15(d)]

Statements of Stockholders' Equity (Unaudited)

v3.25.3
Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Class A Preferred Shares
Preferred Stock
Class A Common Shares
Common Shares
Common Shares
Common Shares
Common Stock Issuable
Additional Paid-in Capital
Accumulated Deficit
Total
Balances at Dec. 31, 2023     $ 1 $ 591 $ 380,502 $ (380,971) $ 123
Balances (in shares) at Dec. 31, 2023 250,000 845,385 166,974        
Issuance of common shares - Founders Agreement       (477) 477    
Issuance of common shares - Founders Agreement (in shares)     7,061        
Issuance of common shares, equity fee on At-the-Market and equity offerings       (114) 306   192
Issuance of common shares, equity fee on At-the-Market and equity offerings (in shares)     14,152        
Issuance of common shares, net of offering costs - At-the-Market Offering         1,118   1,118
Issuance of common shares, net of offering costs - At-the-Market Offering (in shares)     53,236        
Issuance of common shares, net of offering costs - Public Offerings         5,160   5,160
Issuance of common shares, net of offering costs - Public Offerings (in shares)     83,700        
Issuance of common shares under ESPP         48   48
Issuance of common shares under ESPP (in shares)     938        
Stock-based compensation expenses         (500)   (500)
Stock-based compensation expenses (in shares)     119        
Exercise of warrants     $ 2   1   3
Exercise of warrants (in shares)     409,816        
Net Loss           (14,800) (14,800)
Balances at Sep. 30, 2024     $ 3   387,112 (395,771) (8,656)
Balances (in shares) at Sep. 30, 2024 250,000 845,385 735,996        
Balances at Jun. 30, 2024     $ 3   386,028 (394,361) (8,330)
Balances (in shares) at Jun. 30, 2024 250,000 845,385 681,412        
Issuance of common shares, equity fee on At-the-Market and equity offerings         29   29
Issuance of common shares, equity fee on At-the-Market and equity offerings (in shares)     1,330        
Issuance of common shares, net of offering costs - At-the-Market Offering         1,118   1,118
Issuance of common shares, net of offering costs - At-the-Market Offering (in shares)     53,236        
Offering costs - Equity Offerings         (105)   (105)
Stock-based compensation expenses         42   42
Stock-based compensation expenses (in shares)     18        
Net Loss           (1,410) (1,410)
Balances at Sep. 30, 2024     $ 3   387,112 (395,771) (8,656)
Balances (in shares) at Sep. 30, 2024 250,000 845,385 735,996        
Balances at Dec. 31, 2024     $ 5 611 392,234 (396,723) (3,873)
Balances (in shares) at Dec. 31, 2024 250,000 845,385 985,972        
Issuance of common shares - Founders Agreement       $ (611) 611    
Issuance of common shares - Founders Agreement (in shares)     69,046        
Issuance of common shares, equity fee on At-the-Market and equity offerings         395   395
Issuance of common shares, equity fee on At-the-Market and equity offerings (in shares)     127,140        
Issuance of common shares, net of offering costs- Equity Offerings         6,782   6,782
Issuance of common shares, net of offering costs- Equity Offerings (in shares)     495,000        
Issuance of common shares, net of offering costs - At-the-Market Offering         599   599
Issuance of common shares, net of offering costs - At-the-Market Offering (in shares)     54,440        
Issuance of common shares under ESPP (in shares)     200        
Stock-based compensation expenses         106   106
Stock-based compensation expenses (in shares)     68        
Abeyance shares released (in shares)     185,880        
Exercise of warrants     $ 1   7,144   7,145
Exercise of warrants (in shares)     4,536,162        
Reverse Split (1-for-50) adjustment     $ (5)   5    
Reverse Split (1-for-50) adjustment (in shares)     (207)        
Net Loss           (1,383) (1,383)
Balances at Sep. 30, 2025     $ 1   407,876 (398,106) 9,771
Balances (in shares) at Sep. 30, 2025 250,000 845,385 6,453,701        
Balances at Jun. 30, 2025         400,530 (397,638) 2,892
Balances (in shares) at Jun. 30, 2025 250,000 845,385 3,532,452        
Issuance of common shares, net of offering costs - At-the-Market Offering         179   179
Issuance of common shares, net of offering costs - At-the-Market Offering (in shares)     59,334        
Issuance of common shares under ESPP (in shares)     100        
Stock-based compensation expenses         23   23
Stock-based compensation expenses (in shares)     8        
Exercise of warrants     $ 1   7,144   7,145
Exercise of warrants (in shares)     2,861,807        
Net Loss           (468) (468)
Balances at Sep. 30, 2025     $ 1   $ 407,876 $ (398,106) $ 9,771
Balances (in shares) at Sep. 30, 2025 250,000 845,385 6,453,701