XML 16 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 554 $ 4,228
Prepaid expenses 2,161 1,505
Total current assets 2,715 5,733
Operating lease right-of-use assets. net 263
Property, plant and equipment, net 40
Prepaid expenses and other long-term assets 1,175 1,491
Total assets 4,193 7,224
Current liabilities    
Accounts payable 1,428 215
Accrued expenses and other current liabilities 1,963 601
Operating lease liability, current portion 119
Convertible promissory note payable 800 800
Total current liabilities 10,741 1,801
Operating lease liability, non-current portion 107
Derivative warrant liability 138 142
Deferred commission payable 5,738
Total liabilities 10,986 7,681
Commitments and contingencies (see note 15)
Stockholders’ deficit    
Common stock, par value $0.0001; 250,000,000 shares authorized at December 31, 2024 and December 31, 2023, respectively, 1,384,801 shares and 738,295 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively 14 7
Preferred stock, par value $0.0001; 1,000,000 shares authorized at December 31, 2024 and December 31, 2023, respectively; nil shares issued and outstanding at December 31, 2024 and December 31, 2023
Additional paid-in capital 21,880 10,424
Accumulated deficit (29,101) (11,299)
Accumulated other comprehensive income 414 411
Total stockholders’ deficit (6,793) (457)
Total liabilities and stockholders’ deficit 4,193 7,224
Nonrelated Party [Member]    
Current liabilities    
Convertible promissory notes payable at fair value 2,985
Notes payable 150 185
Related Party [Member]    
Current liabilities    
Convertible promissory notes payable at fair value 2,871
Notes payable $ 425