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ATM Program | 6 Months Ended
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Jun. 30, 2026
Program Rights Obligations [Abstract] |
ATM Program | 13. ATM program On May 16, 2025, we filed an amendment to replace an existing Form S-3 shelf registration statement relating to (a) the issuance and sale from time to time in one or more transactions, of up to $65 million in aggregate of our common stock, preferred stock, debt securities and warrants and (b) an at the market offering prospectus covering the offering, issuance and sale of up to a maximum aggregate offering price of approximately $13.75 million of our common stock that may be sold under our ATM program. On May 1, 2025, we entered into the Sale Agreement with H.C. Wainwright & Co. LLC relating to the sale from time to time of shares of our common stock in accordance with the terms of the Sale Agreement having an aggregate offering price that does not exceed the number or dollar amount of shares of common stock that we may register from time to time for the ATM program, or approximately $13.75 million. Sales of newly issued shares of our common stock under the ATM program were as follows:
|  | Six months ended June 30, 2026 |  |  | Six months ended June 30, 2025 |
|  | Number of shares |  |  | Amount ($000's) |  |  | Number of shares |  |  | Amount ($000's) |
Sales of newly issued shares of common stock |  |  | 350,152 |  |  | $ | 1,472 |  |  |  | — |  |  |  | — |
Less: fees incurred |  |  | — |  |  |  | (39 | ) |  |  | — |  |  |  | — |
Total |  |  | 350,152 |  |  | $ | 1,433 |  |  |  | — |  |  | $ | — |
We utilize the net proceeds from offerings under the ATM program for general corporate purposes, including working capital and operating expenses. We may also use a portion of such proceeds to acquire or invest in businesses, products, services or technologies. There can be no assurance regarding the price at which we will be able to sell such shares in the future, whether under the ATM program or other securities offerings, and any sales of our common stock under the ATM program or other securities offerings may be at prices that result in additional dilution to our existing stockholders. At June 30, 2026, approximately $7.6 million remained available for sale under the existing Sale Agreement and prospectus for the ATM program, however, we have no current plans to continue to utilize the capacity remaining available under the ATM program.

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