Quarterly report [Sections 13 or 15(d)]

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

v3.25.2
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 179 179
Exercise of options into common stock     [1] 32 32
Exercise of options into common stock (in Shares)     21,225        
Vesting of RSUs [1] [1]
Vesting of RSUs (in Shares)     18,495      
Warrant inducement agreement, net of offering costs 42 [1] 2,560 2,560
Warrant inducement agreement, net of offering costs (in Shares)     999,670      
Exercise of Pre funded warrants into common stock [1] [1] [1]
Exercise of Pre funded warrants into common stock (in Shares)     970,187      
Net comprehensive loss for the period [1] (2,064) (2,064)
Balance at Jun. 30, 2024 201 $ 1 42,687 (41,752) 936
Balance (in Shares) at Jun. 30, 2024     5,017,322      
Balance at Mar. 31, 2024 159 $ 1 40,005 (41,674) (1,668)
Balance (in Shares) at Mar. 31, 2024     3,010,244      
Share based compensation   90 90
Exercise of options into common stock 32 32
Exercise of options into common stock (in Shares)     21,225      
Vesting of RSUs
Vesting of RSUs (in Shares)     15,996      
Warrant inducement agreement, net of offering costs 42 2,560 2,560
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   (78) (78)
Balance at Jun. 30, 2024 201 $ 1 42,687 (41,752) 936
Balance (in Shares) at Jun. 30, 2024     5,017,322      
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 129 129
Vesting of RSUs [1] [1]
Vesting of RSUs (in Shares)     15,763      
Issuance of common stock, net of offering costs [1] 1,877 1,877
Issuance of common stock, net of offering costs (in Shares)     1,901,299      
Warrants to lender 22 22
Net comprehensive loss for the period (3,761) (3,761)
Balance at Jun. 30, 2025 228 $ 1 48,846 (47,823) 1,024
Balance (in Shares) at Jun. 30, 2025     9,540,221      
Balance at Mar. 31, 2025 228 $ 1 48,499 (45,922) 2,578
Balance (in Shares) at Mar. 31, 2025     9,019,758      
Share based compensation   50 50
Vesting of RSUs   [1] [1]
Vesting of RSUs (in Shares)     14,098      
Issuance of common stock, net of offering costs   [1] [1] 297 297
Issuance of common stock, net of offering costs (in Shares)     506,365      
Net comprehensive loss for the period   (1,901) (1,901)
Balance at Jun. 30, 2025 $ 228 $ 1 $ 48,846 $ (47,823) $ 1,024
Balance (in Shares) at Jun. 30, 2025     9,540,221      
[1] Represents an amount less than $1 thousand.