v3.25.4
Condensed Consolidated Statements of Stockholders’ Equity (Deficit) (Unaudited) - USD ($)
$ in Thousands
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Total
Balance at Dec. 31, 2022 $ 3 $ 103,009 $ (95,097) $ 7,915
Balance (in Shares) at Dec. 31, 2022 224,397      
Stock-based compensation 2,980 2,980
Issuance of common stock upon February 2023 public offering, net of issuance costs $ 1 5,179 5,180
Issuance of common stock upon February 2023 public offering, net of issuance costs (in Shares) 35,604      
Issuance of warrants upon February 2023 public offering 1,473 1,473
Issuance of common stock upon June 2023 public offering, net of issuance costs $ 1 8,065 8,066
Issuance of common stock upon June 2023 public offering, net of issuance costs (in Shares) 61,333      
Issuance of common stock upon November 2023 public offering, net of issuance costs $ 1 3,568 3,569
Issuance of common stock upon November 2023 public offering, net of issuance costs (in Shares) 32,471      
Issuance of common stock for cash 3,203 3,203
Issuance of common stock for cash (in Shares) 16,878      
Issuance of common stock upon exercise of options 109 109
Issuance of common stock upon exercise of options (in Shares) 1,639      
Issuance of common stock warrants 124 124
Vesting of early exercised stock options 113 113
Net loss (29,283) (29,283)
Balance at Dec. 31, 2023 $ 6 127,823 (124,380) 3,449
Balance (in Shares) at Dec. 31, 2023 372,322      
Stock-based compensation 2,695 2,695
Issuance of common stock in April 2024 sale, net of issuance costs $ 4 12,890 12,894
Issuance of common stock in April 2024 sale, net of issuance costs (in Shares) 280,690      
Issuance of pre-funded warrants in April 2024 sale 980 980
Issuance of common stock warrants in April 2024 sale 8,756 8,756
Issuance of common stock for cash 490 490
Issuance of common stock for cash (in Shares) 10,072      
Issuance of common stock upon exercise of options 15 15
Issuance of common stock upon exercise of options (in Shares) 267      
Issuance of common stock warrants 60 60
Vesting of early exercised stock options 23 23
Net loss (19,111) (19,111)
Balance at Sep. 30, 2024 $ 10 153,732 (143,491) 10,251
Balance (in Shares) at Sep. 30, 2024 663,351      
Balance at Dec. 31, 2023 $ 6 127,823 (124,380) 3,449
Balance (in Shares) at Dec. 31, 2023 372,322      
Stock-based compensation 3,225 3,225
Issuance of common stock in April 2024 sale, net of issuance costs $ 4 12,890 12,894
Issuance of common stock in April 2024 sale, net of issuance costs (in Shares) 280,690      
Issuance of pre-funded warrants in April 2024 sale 980 980
Issuance of common stock warrants in April 2024 sale 8,756 8,756
Issuance of common stock for cash 1,680 1,680
Issuance of common stock for cash (in Shares) 30,750      
Issuance of common stock upon exercise of options 15 15
Issuance of common stock upon exercise of options (in Shares) 267      
Issuance of common stock warrants 60 60
Vesting of early exercised stock options 23 23
Net loss (23,727) (23,727)
Balance at Dec. 31, 2024 $ 10 155,452 (148,107) 7,355
Balance (in Shares) at Dec. 31, 2024 684,029      
Balance at Jun. 30, 2024 $ 10 153,058 (136,290) 16,778
Balance (in Shares) at Jun. 30, 2024 659,657      
Stock-based compensation 534 534
Common stock issuance costs (65) (65)
Issuance of common stock for cash 141 141
Issuance of common stock for cash (in Shares) 3,694      
Issuance of common stock warrants 60 60
Vesting of early exercised stock options 4 4
Net loss (7,201) (7,201)
Balance at Sep. 30, 2024 $ 10 153,732 (143,491) 10,251
Balance (in Shares) at Sep. 30, 2024 663,351      
Balance at Dec. 31, 2024 $ 10 155,452 (148,107) 7,355
Balance (in Shares) at Dec. 31, 2024 684,029      
Stock-based compensation 1,770 1,770
Net exercise of pre-funded warrants
Net exercise of pre-funded warrants (in Shares) 4,788      
Issuance of common stock for cash 1,606 1,606
Issuance of common stock for cash (in Shares) 146,091      
Net loss (12,432) (12,432)
Balance at Sep. 30, 2025 $ 10 158,828 (160,539) (1,701)
Balance (in Shares) at Sep. 30, 2025 834,908      
Balance at Jun. 30, 2025 $ 10 158,137 (156,510) 1,637
Balance (in Shares) at Jun. 30, 2025 830,120      
Stock-based compensation 691 691
Net exercise of pre-funded warrants
Net exercise of pre-funded warrants (in Shares) 4,788      
Net loss (4,029) (4,029)
Balance at Sep. 30, 2025 $ 10 $ 158,828 $ (160,539) $ (1,701)
Balance (in Shares) at Sep. 30, 2025 834,908