v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net loss $ (1,529) $ (7,050)
Reconciliation of net loss to net cash used in operating activities:    
Share based compensation 360 383
Loss on settlement of common stock warrant liabilities (0) 759
Change in fair value of warrant liabilities (16) (139)
Common Stock, Issued to Fortress, Value 55 543
Issuance of Stock Under Founders Agreement 0 (371)
Gain on repurchase of common stock held by AnnJi (4) 0
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 43 (2)
Receivable per license termination and transfer agreement (800) 0
Net cash used in operating activities (1,362) (5,373)
Cash flows from financing activities:    
Proceeds from ATM sales of common stock, net of issuance costs 2,094 295
Exercise of warrants 0 9,421
Warrant transaction costs 0 (1,207)
Net cash provided by financing activities 2,094 8,509
Net change in cash and cash equivalents 732 3,136
Cash and cash equivalents, beginning of period 2,594 1,783
Cash and cash equivalents, end of period 3,326 4,919
Supplemental cash flow information:    
Issuance of common shares - Founders Agreement 55 543
Nonrelated Party [Member]    
Changes in operating assets and liabilities:    
Accounts payable and accrued expenses 298 427
Related Party [Member]    
Changes in operating assets and liabilities:    
Accounts payable and accrued expenses $ 231 $ 77

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