Quarterly report [Sections 13 or 15(d)]

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

v3.26.1
Description of Business and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2026
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 June 30, 2026 and December 31, 2025:

 

(in thousands)   June 30,
2026
    December 31,
2025
 
Cash and cash equivalents   $ 36,473     $ 47,998  
Restricted cash – long-term     339       335  
Cash, cash equivalents and restricted cash   $ 36,812     $ 48,333  
Schedule of Diluted Net Loss Per Share For the three months and six months ended June 30, 2025, all potentially dilutive shares, including outstanding common stock options, restricted stock units, and warrants, were excluded from the computation of diluted net loss per share as the result would have been anti-dilutive.

 

    Three months ended     Six months ended  
(in thousands)   June 30,
2026
    June 30,
2025
    June 30,
2026
    June 30,
2025
 
Stock Options included in calculation of Fully diluted net income per share     284          -       279       -  
                                 
Securities excluded as anti-dilutive (exercise price exceeds average market price):  
                                 
Stock Options     95       240       100       240  
Restricted Stock Units     -       300       -       300  
Warrants     7       7       7       7  
Total     102       547       107       547