Quarterly report [Sections 13 or 15(d)]

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

v3.25.1
Condensed Consolidated Statements of Mezzanine Equity and Shareholders’ Equity (Unaudited) - USD ($)
$ in Thousands
Redeemable Convertible Preferred Stock
Warrants To Placement Agent
Common Stock
Non-voting Common Stock
Additional paid-in capital
Accumulated deficit
Total
Balance at Dec. 31, 2023 $ 159 $ 1 $ 39,916 $ (39,688) $ 229
Balance (in Shares) at Dec. 31, 2023     3,007,745      
Share based compensation 89 89
Vesting of RSUs [1] [1]
Vesting of RSUs (in Shares)     2,499      
Net comprehensive loss for the period (1,986) (1,986)
Balance at Mar. 31, 2024 159 $ 1 40,005 (41,674) (1,668)
Balance (in Shares) at Mar. 31, 2024     3,010,244      
Balance at Dec. 31, 2024 228 $ 1 46,818 (44,062) 2,757
Balance (in Shares) at Dec. 31, 2024     7,623,159      
Share based compensation 79 79
Vesting of RSUs [1] [1]
Vesting of RSUs (in Shares)     1,665      
Issuance of common stock, net of offering costs [1] 1,580 1,580
Issuance of common stock, net of offering costs (in Shares)     1,394,934      
Warrants to lender 22 22
Net comprehensive loss for the period (1,860) (1,860)
Balance at Mar. 31, 2025 $ 228 $ 1 $ 48,499 $ (45,922) $ 2,578
Balance (in Shares) at Mar. 31, 2025     9,019,758      
[1] Represents an amount less than $1 thousand.