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Note 6 - Common Stock Warrants

9 Months Ended

Sep. 30, 2025

Stockholders' Equity Note, Warrants or Rights Warrants Disclosure [TextBlock]

Note 6 — Common Stock Warrants

The Company’s outstanding warrants to purchase shares of its common stock at September 30, 2025 are summarized in the table below.

Description of Warrants	*Warrant Issuance Date*	*No. of Shares*		*Exercise Price*
SWK Warrants – Debt – Tranche #1	11/13/2019		51,239	$	5.86
SWK Warrants – Debt – Tranche #2	8/11/2020		18,141	$	6.62
SWK Warrants – Debt – Tranche #3	9/30/2024		289,736	$	5.32
*Total shares and weighted average exercise price*			359,116	$	5.46

The holders of these warrants or their permitted transferees, are entitled to rights with respect to the registration under the Securities Act of their shares that are converted to common stock, including demand registration rights and piggyback registration rights. These rights are provided under the terms of a registration rights agreement between the Company and the investors. The issuance of these warrants was accounted for as equity and the fair value of the warrants issued were classified to additional paid-in capital in the Company's Condensed Balance Sheet.