Quarterly report [Sections 13 or 15(d)]

Description of Business and Summary of Significant Accounting Policies (Tables)

v3.25.3
Description of Business and Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2025
Description of Business and Summary of Significant Accounting Policies [Abstract]  
Schedule of Cash, Cash Equivalents and Restricted Cash

The following is a summary of cash, cash equivalents and restricted cash at September 30, 2025 and December 31, 2024:

 

(in thousands)   September 30,
2025
    December 31,
2024
 
Cash and cash equivalents   $ 53,391     $ 72,904  
Restricted cash – long-term     332       324  
Cash, cash equivalents and restricted cash   $ 53,723     $ 73,228  
Schedule of Diluted Net Loss Per Share For the three and nine months ended September 30, 2025 and 2024, the Company’s potentially dilutive shares, which include outstanding common stock options, restricted stock units, vested unissued shares of common stock and warrants, have not been included in the computation of diluted net loss per share as the result would have been anti-dilutive.
(in thousands)   September 30,
2025
    September 30,
2024
 
Stock Options     162       5,216  
Restricted Stock Units    
-
      300  
Vested unissued shares of common stock     179      
-
 
Warrants     7       9  
Total     348       5,525