v3.25.3
Condensed Statements of Changes in Stockholders' Equity (Deficit) (Unaudited) - USD ($)
$ in Thousands
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2023 $ 94 $ 119,452 $ (138,727) $ (19,181)
Balance, shares at Dec. 31, 2023 697,882 9,411      
Fair value of vested options 268 268
Common shares issued for cash 1,903 1,903
Common stock issued for cash, shares 211,466        
Net loss (9,035) (9,035)
Common shares issued upon conversion of SAFE agreement $ 1   4,096   4,097
Common stock issued upon conversion of SAFE agreement, shares 455,201        
Dividends on Series A Convertible Preferred Stock (5) (5)
Balance at Sep. 30, 2024 $ 1 $ 94 125,719 (147,767) (21,953)
Balance, shares at Sep. 30, 2024 1,364,549 9,411      
Balance at Jun. 30, 2024 $ 94 119,674 (143,617) (23,849)
Balance, shares at Jun. 30, 2024 697,882 9,411      
Fair value of vested options 46 46
Common shares issued for cash 1,903 1,903
Common stock issued for cash, shares 211,466        
Net loss (4,150) (4,150)
Common shares issued upon conversion of SAFE agreement $ 1   4,096   4,097
Common stock issued upon conversion of SAFE agreement, shares 455,201        
Balance at Sep. 30, 2024 $ 1 $ 94 125,719 (147,767) (21,953)
Balance, shares at Sep. 30, 2024 1,364,549 9,411      
Balance at Dec. 31, 2024 $ 1 $ 94 158,437 (151,884) 6,648
Balance, shares at Dec. 31, 2024 7,561,714 9,411      
Fair value of vested options 60 60
Common shares issued for cash 8,000 8,000
Common stock issued for cash, shares 1,370,962        
Net loss (12,061) (12,061)
Dividends on Series A (5) (5)
Common shares issued upon conversion of SAFE agreement 115 115
Common stock issued upon conversion of SAFE agreement, shares 12,778        
Balance at Sep. 30, 2025 $ 1 $ 94 166,612 (163,950) 2,757
Balance, shares at Sep. 30, 2025 8,945,454 9,411      
Balance at Jun. 30, 2025 $ 1 $ 94 161,608 (159,968) 1,735
Balance, shares at Jun. 30, 2025 8,112,124 9,411      
Fair value of vested options 4 4
Common shares issued for cash 5,000 5,000
Common stock issued for cash, shares 833,330        
Net loss (3,982) (3,982)
Balance at Sep. 30, 2025 $ 1 $ 94 $ 166,612 $ (163,950) $ 2,757
Balance, shares at Sep. 30, 2025 8,945,454 9,411