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Stock Based Compensation (Tables)
9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Based Compensation Expense

Stock based compensation has been reported within expense line items on the consolidated statement of operations for the three and nine months ended September 30, 2025 and 2024 as shown in the following table (in $000s):

 

   2025   2024   2025   2024 
   Three Months Ended   Nine Months Ended 
   September 30,   September 30, 
   2025   2024   2025   2024 
General and administrative  $1   $101   $1,596   $421 
Research and development   5   $6    83    78 
Stock-based compensation costs  $6   $107   $1,679   $499 
Schedule of Assumptions Used for Fair Value of the Stock Options Granted Using Black-Scholes Option-Pricing Model

The fair value of the stock options granted is calculated using the Black-Scholes option-pricing model as prescribed by ASC 718 using the following assumptions:

 

   Nine months
ended
   Nine months
ended
 
   September 30, 2025   September 30, 2024 
Expected term (years)   5 - 10    6 
Risk free interest rate   4.060% – 4.250%   3.995%
Volatility   100% – 107%   93%
Expected dividend yield over expected term   0.00%   0.00%
Resulting weighted average grant date fair value  $70.79   $424.80 
Schedule of Share Option Activity

A summary of the share option activity and related information is as follows:

 

           Weighted     
       Weighted   Average     
   Number of   Average   Remaining   Aggregate 
   Options   Exercise Price   Contractual   Intrinsic 
   Outstanding   Per Share   Term (Years)   Value ($000) 
Options outstanding at December 31, 2024   494   $10,658.40    7.20   $ 
Granted   24,812   $78.92       $ 
Exercised      $       $ 
Cancelled/forfeited   (369)  $9,966.29       $ 
Options outstanding at September 30, 2025   24,937   $104.31    9.38   $ 
                     
Unvested at September 30, 2025   20   $2,094.84    7.75   $ 
Vested and exercisable at September 30, 2025   24,917   $102.72    9.38   $ 
Schedule of Restricted Stock Units Activity

Summarized information for restricted stock units as of September 30, 2025, is as follows:

 

       Weighted 
   Restricted   Average 
   Stock Units   Grant Date 
   Outstanding   Value Per Share 
         
Unvested at September 30, 2025   10   $3,240.00 
           
Vested at September 30, 2025      $- 
    10    -