Annual report [Section 13 and 15(d), not S-K Item 405]

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

v3.26.1
Description of Business and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Description of Business and Summary of Significant Accounting Policies [Abstract]  
Schedule of Cash, Cash Equivalents and Restricted Cash

Following is a summary of cash, cash equivalents and restricted cash at December 31, 2025 and December 31, 2024:

 

(in thousands)   December 31,
2025
    December 31,
2024
 
Cash and cash equivalents   $ 47,998     $ 72,904  
Restricted cash – long-term     335       324  
Cash, cash equivalents and restricted cash   $ 48,333     $ 73,228  
Schedule of Diluted Net Loss Per Share

For the years ended December 31, 2025 and 2024, the Company’s potentially dilutive shares, which include outstanding common stock options, restricted stock units 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)   December 31,
2025
    December 31,
2024
 
Stock Options     99       5,137  
Restricted Stock Units    
-
      300  
Vested unissued shares of common stock     179      
-
 
Warrants     7       7  
Total     285       5,444