Annual report [Section 13 and 15(d), not S-K Item 405]

Statements of Stockholders' Equity (Deficit)

v3.25.4
Statements of Stockholders' Equity (Deficit) - USD ($)
Preferred Stock [Member]
Series C Preferred Stock [Member]
Preferred Stock [Member]
Series L Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2023 $ 1,000 $ 1,000 $ 689,539,000 $ (682,065,000) $ 7,476,000
Balance, shares at Dec. 31, 2023 96,230 1,380,633      
Common stock and warrants issued for cash $ 1,000 2,975,000 2,976,000
Common stock and warrants issued for cash, shares     740,000      
Cancellation of common stock previously issued to prior CFO
Cancellation of common stock previously issued to prior CFO, shares     (13,902)      
Issuance of common stock in settlement of vendor payable 810,000 810,000
Issuance of common stock in settlement of vendor payable, shares     127,597      
Fair value of vested stock options 230,000 230,000
Net loss (13,162,000) (13,162,000)
Balance at Dec. 31, 2024 $ 1,000 $ 2,000 693,554,000 (695,227,000) (1,670,000)
Balance, shares at Dec. 31, 2024 96,230 2,234,328      
Net loss           (30,945,000)
Balance at Jun. 30, 2025           (25,875,000)
Balance at Dec. 31, 2024 $ 1,000 $ 2,000 693,554,000 (695,227,000) (1,670,000)
Balance, shares at Dec. 31, 2024 96,230 2,234,328      
Net loss           (22,646,000)
Balance at Sep. 30, 2025           3,000,000
Balance at Dec. 31, 2024 $ 1,000 $ 2,000 693,554,000 (695,227,000) (1,670,000)
Balance, shares at Dec. 31, 2024 96,230 2,234,328      
Fair value of vested stock options 432,000 432,000
Net loss (28,354,000) (28,354,000)
Exercise of warrants for cash and inducement warrants, net $ 10,000 5,486,000 5,496,000
Exercise of warrants for cash and inducement warrants, net, shares     9,289,536      
Series L Preferred Stock and warrants issued for cash, net 10,508,000 10,508,000
Stock issued during period, shares   12,444        
Conversion of Series L convertible preferred stock into common stock $ 14,000 (14,000)
Conversion of Series L convertible preferred stock into common stock, shares   (8,802) 13,489,858      
Reclassification of Greenshoe Rights liability to equity 17,323,000 17,323,000
Issuance of prefunded warrants in settlement of vendor payable 847,000 847,000
Issuance and exercise of prefunded warrants for Committed Equity Facility fee 672,000 672,000
Issuance and exercise of prefunded warrants for ELOC fee, shares     300,000      
Issuance of common stock and warrants for services 718,000 718,000
Issuance of common stock and warrants for services, shares     50,000      
Issuance of warrants for VRT waiver 44,000 44,000
Dividend on Series L Preferred Stock 91,000 (320,000) (229,000)
Dividend on Series L convertible preferred stock, shares     170,451      
Balance at Dec. 31, 2025 $ 1,000 $ 26,000 $ 729,661,000 $ (723,901,000) 5,787,000
Balance, shares at Dec. 31, 2025 96,230 3,642 25,534,173      
Balance at Jun. 30, 2025           (25,875,000)
Net loss           8,299,000
Balance at Sep. 30, 2025           $ 3,000,000