Quarterly report [Sections 13 or 15(d)]

Segment Information (Tables)

v3.26.1
Segment Information (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Information

 

    2026     2025     2026     2025  
   

Three Months Ended

June 30,

   

Six Months Ended

June 30,

 
    2026     2025     2026     2025  
Research and development   $ 1,055,000     $ 363,000     $ 1,468,000     $ 1,462,000  
Salaries     410,000       351,000       771,000       632,000  
Insurance     43,000       61,000       83,000       121,000  
Stock-based compensation     46,000       4,000       92,000       7,000  
Operating expenses     2,958,000       734,000       4,946,000       1,223,000  
Loss on initial recognition of Greenshoe Rights liability           28,736,000             28,736,000  
Other expense (income)     6,000       (80,000 )     (9,000 )     (1,236,000 )
Net loss   $ 4,518,000     $ 30,169,000     $ 7,351,000     $ 30,945,000