v3.25.4
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Additional Paid in Capital
Accumulated Deficit
Total
Beginning balance, shares at Dec. 31, 2023 212,968,451      
Beginning balance at Dec. 31, 2023 $ 136,937 $ 29,140 $ (157,640) $ 8,437
2024 Rights Offering, shares 298,106,831      
2024 Rights Offering, amount $ 35,286     $ 35,286
Stock option exercise, shares 36,275     50,000
Stock-based compensation, amount   (38)   $ (38)
Land repurchase, shares 5,000,000      
Land repurchase, amount $ 1,950     1,950
Net loss     (18,451) (18,451)
Ending balance, shares at Dec. 31, 2024 516,111,557      
Ending balance at Dec. 31, 2024 $ 174,173 29,102 (176,091) $ 27,184
Stock option exercise, shares 23,155     400,000
Stock-based compensation, amount   4   $ 4
Net loss     (4,899) (4,899)
Ending balance, shares at Dec. 31, 2025 516,134,712      
Ending balance at Dec. 31, 2025 $ 174,173 $ 29,106 $ (180,990) $ 22,289