v3.25.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 85 $ 12
Prepaid expenses 0 2
Other current assets 0 5,981
Total current assets 85 5,995
Property and equipment, net 689 689
Total assets 774 6,684
Current liabilities:    
Accounts payable 4,288 0
Accrued expenses 1,266 35
Promissory notes 4,478 0
Total current liabilities 10,032 35
Related party loan 5,335 49,433
Total liabilities 15,367 49,468
Commitments and contingencies (See Note 5)
Stockholders' deficit:    
Preferred stock, $0.0001 par value, 45,000,000 shares authorized as of September 30, 2025 and December 31, 2024; 5,423,606 and no shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 1 0
Common stock, $0.0001 par value, 740,000,000 and 200,000,000 shares authorized as of September 30, 2025 and December 31, 2024, respectively; 229,740,978 and 200,000,000 issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 23 20
Additional paid-in capital 255,025 72,580
Accumulated deficit (269,642) (115,384)
Total stockholders' deficit (14,593) (42,784)
Total liabilities and stockholders' deficit $ 774 $ 6,684