v3.25.2
Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 12,314 $ 7,154
Accounts receivable 363 43
Prepaid expenses 430 328
Other current assets 288 303
Total current assets 13,395 7,828
Right-of-use operating asset 235 278
Property and equipment, net 13 12
Total assets 13,643 8,118
Current liabilities:    
Accounts payable 671 586
Accrued expenses 885 1,323
Total current liabilities 1,556 1,909
Common stock warrant liability 1,285 1,519
Operating lease liability, net of current portion 161 212
Total liabilities 3,002 3,640
Commitments and contingencies (Note 6)
Convertible preferred stock and stockholders’ equity:    
Convertible preferred stock, $0.0001 par value; 15,000,000 shares authorized; no shares issued and outstanding as of June 30, 2025, and December 31, 2024
Common stock, $0.0001 par value, 250,000,000 shares authorized; 36,645,884 and 24,034,672 shares issued and outstanding as of June 30, 2025, and December 31, 2024, respectively 4 2
Additional paid-in capital 66,171 54,695
Accumulated deficit (55,534) (50,219)
Total convertible preferred stock and stockholders’ equity 10,641 4,478
Total liabilities, convertible preferred stock and stockholders’ equity $ 13,643 $ 8,118

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