Quarterly report [Sections 13 or 15(d)]

Statements of Stockholders' Equity (Deficit)

v3.26.3
Statements of Stockholders' Equity (Deficit) - 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, 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 - Annual Stock Dividend       (611) 611    
Issuance of common shares - Annual Stock Dividend (in shares)     69,046        
Stock-based compensation expenses         106   106
Stock-based compensation expenses (in shares)     68        
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        
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        
Stock-based compensation expenses         23   23
Stock-based compensation expenses (in shares)     8        
Issuance of common shares, equity fee on At-the-Market and equity offerings         179   179
Issuance of common shares, equity fee on At-the-Market and equity offerings (in shares)     59,334        
Issuance of common shares under ESPP (in shares)     100        
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        
Balances at Dec. 31, 2025     $ 1 273 407,899 (398,644) 9,529
Balances (in shares) at Dec. 31, 2025 250,000 845,385 6,453,701        
Issuance of common shares - Annual Stock Dividend       $ (273) 273    
Issuance of common shares - Annual Stock Dividend (in shares)     278,385        
Stock-based compensation expenses         45   45
Stock-based compensation expenses (in shares)     36        
Issuance of common shares under ESPP         3   3
Issuance of common shares under ESPP (in shares)     6,571        
Net loss           (2,991) (2,991)
Balances at Sep. 30, 2026     $ 1   408,220 (401,635) 6,586
Balances (in shares) at Sep. 30, 2026 250,000 845,385 6,738,693        
Balances at Jun. 30, 2026     $ 1   408,215 (400,671) 7,545
Balances (in shares) at Jun. 30, 2026 250,000 845,385 6,732,120        
Stock-based compensation expenses         2   2
Stock-based compensation expenses (in shares)     2        
Issuance of common shares under ESPP         3   3
Issuance of common shares under ESPP (in shares)     6,571        
Net loss           (964) (964)
Balances at Sep. 30, 2026     $ 1   $ 408,220 $ (401,635) $ 6,586
Balances (in shares) at Sep. 30, 2026 250,000 845,385 6,738,693