v3.26.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities    
Net loss $ (7,526) $ (6,385)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 743 1,289
Depreciation and amortization 148 90
Amortization of debt discount 1,028
Change in fair value of derivative liabilities (88)
Amortization of operating right-of-use asset 133 131
Provision for credit losses on accounts receivable 6
Increase (decrease) in cash resulting from changes in:    
Accounts receivable (255) 93
Inventory 528 (70)
Prepaid expenses and other assets (250) (374)
Accounts payable (217) 525
Accrued expenses 150 142
Operating lease liability (118) (138)
Net cash used in operating activities (5,718) (4,697)
Cash Flows from Investing Activities    
Purchases of property and equipment (228) (192)
Cash used in investing activities (228) (192)
Cash Flows from Financing Activities    
Gross proceeds from issuance of convertible notes 4,300
Gross proceeds from issuance of common stock, pre-funded warrants and warrants 4,010
Gross proceeds from issuance of common stock, pre-funded warrants and warrants under inducement agreement 3,057
Offering costs (433) (867)
Net cash provided by financing activities 3,867 6,200
Net (Decrease) Increase in Cash and Cash Equivalents (2,079) 1,311
Cash and Cash Equivalents at Beginning of Period 3,756 6,535
Cash and Cash Equivalents at End of Period 1,677 7,846
Non-cash investing and financing activities:    
Remeasurement of right-of-use asset and lease liability 1,323
Initial fair value of derivative liability recorded as a debt discount 563  
Warrant modification costs 1,402
Reclassification of deferred offering costs to additional paid-in capital $ 421