Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Stockholders' Equity (Deficit)

v3.26.1
Consolidated Statements of Stockholders' Equity (Deficit) - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2023 $ 4 $ 272,324 $ (249,960) $ 22,368
Balance, shares at Dec. 31, 2023 [1] 245,952      
Issuance of common stock to settle restricted stock units 52 52
Issuance of common stock to settle restricted stock units, shares [1] 3,819      
Issuance of common stock, net of issuance costs $ 4 4,003 4,007
Issuance of common stock, net of issuance costs, shares [1] 27,110      
Taxes withheld on net settled vesting of restricted stock units   (4)   (4)
Stock-based compensation 1,525 1,525
Impact of retroactively adjusted reverse stock split (8) 8
Net loss (33,648) (33,648)
Balance at Dec. 31, 2024 277,908 (283,608) (5,700)
Balance, shares at Dec. 31, 2024 [1] 276,881      
Issuance of common stock, net of issuance costs $ 12 13,659 13,671
Issuance of common stock, net of issuance costs, shares [1] 677,927      
Stock-based compensation 1,541 1,541
Impact of retroactively adjusted reverse stock split (13) 13
Net loss (20,657) (20,657)
Issuance of common stock upon settlement of restricted stock units, net of taxes withheld $ 1 (1)
Issuance of common stock to settle restricted stock units, shares [1] 42,956      
Stock-based compensation related to 2024 bonus accrual 1,215 1,215
Promissory note payments settled in equity $ 1 1,974 1,975
Promissory note payments settled in equity, other [1] 267,342      
Impact of retroactively adjusted reverse stock split, shares [1] (39)      
Balance at Dec. 31, 2025 $ 1 $ 296,309 $ (304,265) $ (7,955)
Balance, shares at Dec. 31, 2025 [1] 1,265,067      
[1] Adjusted retroactively to reflect the 1-for-18 reverse stock split that became effective on October 28, 2025, see Note 1.