Research and development expenses (including amounts for related party of $947,084 and $1,418,887 for the years ended December 31, 2025 and 2024, respectively)
$7.7M-7.9%
$8.4M+15.0%
$7.3M+6.9%
$6.8M
Selling, general and administrative expenses
$6.3M+17.6%
$5.4M-4.3%
$5.6M-34.0%
$8.5M
Total operating expenses
$14.1M+2.1%
$13.8M+6.6%
$13.0M-15.8%
$15.4M
Loss from operations
-$14.0M-1.1%
-$13.8M-4.8%
-$13.2M+5.5%
-$14.0M
Interest expense
-$712K-15.5%
-$616K-327.5%
-$144K-169.4%
-$54K
Issuance cost of senior secured convertible note measured at fair value
-$308K
—
-$526K
$0
Fair value change of senior secured convertible note
-$276K
—
$94K
$0
Other income (expenses), net
-$68K-137.9%
$179K
—
—
Total non-operating expenses, net
-$780K+23.6%
-$1.0M-81.3%
-$563K-1748.4%
-$30K
Net loss before income taxes
-$14.8M+0.6%
-$14.9M-7.9%
-$13.8M+1.7%
-$14.0M
Provision for income taxes
$800+0.0%
$800+0.0%
$800
$0
Net loss
-$14.8M+0.6%
-$14.9M-7.9%
-$13.8M+1.7%
-$14.0M
Net loss per common share - basic
-$3.46+55.8%
-$7.82-132.7%
-$3.36
—
Net loss per common share - diluted
-$3.46+55.8%
-$7.82-132.7%
-$3.36
—
Weighted-average shares used in computing net loss per common share-basic
$4270815.00+124.7%
$1900723.00-53.6%
$4098109.00
—
Weighted-average shares used in computing net loss per common share-diluted
$4270815.00+124.7%
$1900723.00-53.6%
$4098109.00
—
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
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