Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Shareholders??? Equity (Unaudited)

v3.25.3
Condensed Consolidated Statements of Shareholders’ Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock
Non-voting Common Stock
Additional paid-in capital
Accumulated deficit
Total
Balance at Dec. 31, 2023 $ 1 $ 40,075 $ (39,688) $ 388
Balance (in Shares) at Dec. 31, 2023 3,007,745      
Share based compensation 259 259
Vesting of RSUs [1] [1]
Vesting of RSUs (in Shares) 28,228      
Issuance of common stock, net of offering costs [1] 316 316
Issuance of common stock, net of offering costs (in Shares) 227,939      
Exercise of options into common stock [1] 32 32
Exercise of options into common stock (in Shares) 21,225      
Warrant to lender 61 61
Warrant inducement agreement, net of offering costs [1] 1,978 1,978
Warrant inducement agreement, net of offering costs (in Shares) 999,670      
Warrant inducement agreement, net of offering costs [1] 2,602 2,602
Warrant inducement agreement, net of offering costs (in Shares) 999,670      
Exercise of Pre funded warrants into common stock [1] [1]
Exercise of Pre funded warrants into common stock (in Shares) 970,187      
Net comprehensive loss for the period (2,575) (2,575)
Balance at Sep. 30, 2024 $ 1 45,323 (42,263) 3,061
Balance (in Shares) at Sep. 30, 2024 6,254,664      
Balance at Jun. 30, 2024 $ 1 42,888 (41,752) 1,137
Balance (in Shares) at Jun. 30, 2024 5,017,322      
Share based compensation 80 80
Vesting of RSUs [1] [1]
Vesting of RSUs (in Shares) 9,733      
Issuance of common stock, net of offering costs 316 316
Issuance of common stock, net of offering costs (in Shares) 227,939        
Warrant to lender 61 61
Warrant inducement agreement, net of offering costs [1] 1,978 1,978
Warrant inducement agreement, net of offering costs (in Shares) 999,670      
Net comprehensive loss for the period (511) (511)
Balance at Sep. 30, 2024 $ 1 45,323 (42,263) 3,061
Balance (in Shares) at Sep. 30, 2024 6,254,664      
Balance at Dec. 31, 2024 $ 1 47,046 (44,062) 2,985
Balance (in Shares) at Dec. 31, 2024 7,623,159      
Share based compensation 308 308
Vesting of RSUs [1] [1]
Vesting of RSUs (in Shares) 25,014      
Issuance of common stock, net of offering costs [1] 2,375   2,375
Issuance of common stock, net of offering costs (in Shares) 3,051,195      
Warrant to lender 22 22
Warrant inducement agreement, net of offering costs [1]   1,387   1,387
Warrant inducement agreement, net of offering costs (in Shares) 4,270,197        
Issuance of common stock and warrants, net of offering costs(see note 6b)- July PIPE [1]   839   839
Issuance of common stock and warrants, net of offering costs(see note 6b)- July PIPE (in Shares) 1,626,019        
Issuance of common stock and prefunded warrants, net of offering costs (see note 6d)- September PIPE [1]   790   790
Issuance of common stock and prefunded warrants, net of offering costs (see note 6d)- September PIPE (in Shares) 871,766        
Net comprehensive loss for the period (5,741) (5,741)
Balance at Sep. 30, 2025 $ 1 52,767 (49,803) 2,965
Balance (in Shares) at Sep. 30, 2025 17,467,350      
Balance at Jun. 30, 2025 $ 1 49,074 (47,823) 1,252
Balance (in Shares) at Jun. 30, 2025 9,540,221      
Share based compensation 179 179
Vesting of RSUs [1] [1]
Vesting of RSUs (in Shares) 9,251      
Issuance of common stock, net of offering costs [1] 498 498
Issuance of common stock, net of offering costs (in Shares) 1,149,896      
Warrant inducement agreement, net of offering costs [1] 1,387 1,387
Warrant inducement agreement, net of offering costs (in Shares) 4,270,197      
Issuance of common stock and warrants, net of offering costs(see note 6b)- July PIPE [1] 839 839
Issuance of common stock and warrants, net of offering costs(see note 6b)- July PIPE (in Shares) 1,626,019      
Issuance of common stock and prefunded warrants, net of offering costs (see note 6d)- September PIPE [1] 790 790
Issuance of common stock and prefunded warrants, net of offering costs (see note 6d)- September PIPE (in Shares) 871,766      
Net comprehensive loss for the period (1,980) (1,980)
Balance at Sep. 30, 2025 $ 1 $ 52,767 $ (49,803) $ 2,965
Balance (in Shares) at Sep. 30, 2025 17,467,350      
[1] Represents an amount less than $1 thousand.