Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Statement of Cash Flows [Abstract]    
Net change in cash and cash equivalents $ (8,454) $ (6,710)
Operating activities    
Net cash used in operating activities (8,454) (6,790)
Net loss (8,443) (6,867)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock based compensation 636 204
Other adjustments 205 193
Changes in operating assets and liabilities:    
Accounts receivable 109 (126)
Prepaid expenses and other assets 97 (50)
Accounts payable and accrued expenses (425) (153)
Lease liability payments (182) (178)
Deferred revenue (451) 187
Investing activities    
Net cash for investing activities 0 0
Financing activities    
Proceeds from sales of common stock, net of issuance costs 0 80
Net cash provided by financing activities 0 80
Cash and cash equivalents at the beginning of the period 100,587 112,974
Cash and cash equivalents at the end of the period 92,133 106,264
Supplemental disclosure of cash flow information    
Interest paid 18 14
Income taxes paid $ 0 $ 21