v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities:    
Net loss $ (2,947) $ (11,696)
Reconciliation of net loss to net cash used in operating activities:    
Share based compensation 665 1,236
Loss on common stock warrant liabilities 0 759
Change in fair value of warrant liability (15) (170)
Issuance of Stock Under Founders Agreement 76 (167)
Common Stock, Issued to Fortress, Value 55 827
License Expenses Paid In Kind 0 6
Gain on repurchase of common stock held by AnnJi (4) 0
Issuance of common stock of subsidiary 37 0
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 2 (11)
Net cash and cash equivalents used in operating activities (1,833) (9,026)
Cash flows from financing activities:    
Proceeds from ATM sales of common stock, net of issuance costs 2,094 1,623
Proceeds from exercise of warrants 0 9,421
Warrant exercise transaction costs 0 (1,207)
Net cash provided by financing activities 2,094 9,837
Net change in cash and cash equivalents 261 811
Cash and cash equivalents, beginning of period 2,594 1,783
Cash and cash equivalents, end of period 2,855 2,594
Supplement disclosure of non-cash information:    
Baergic deconsolidation (1) 0
Issuance of common shares - Founders Agreement 55 827
Nonrelated Party [Member]    
Changes in operating assets and liabilities:    
Accounts payable and accrued expenses (186) 367
Related Party [Member]    
Changes in operating assets and liabilities:    
Accounts payable and accrued expenses $ 484 $ (177)

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