STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Sep. 30, 2025

Equity [Abstract]

Schedule of stockholders' equity activity

Activity in equity during the nine month periods ended September 30, 2025 and 2024 was as follows (dollars in thousands):

	Common Stock			Additional Paid-In Capital		Accumulated Deficit		Total
	Shares	Amount
2025
Balances as of December 31, 2024	1,035,893	$	1	$	138,607	$	(136,097)	$	2,511
Stock-based compensation	—	—		91		—		91
Issuance of common stock, net of transaction costs	365,319	—		1,066		—		1,066
Issuance of common stock upon exercise of warrants, net of transaction costs	374,718	1		888		—		889
Net loss	—	—		—		(1,665)		(1,665)
Balances as of March 31, 2025	1,775,930	2		140,652		(137,762)		2,892
Stock-based compensation	—	—		90		—		90
Issuance of common stock, net of transaction costs	489,341	1		1,639		—		1,640
Issuance of common stock upon exercise of warrants, net of transaction costs	1,498,872	1		3,970		—		3,971
Net loss	—	—		—		(1,616)		(1,616)
Balances as of June 30, 2025	3,764,143	4		146,351		(139,378)		6,977
Stock-based compensation	—	—		47		—		47
Issuance of common stock upon exercise of warrants, net of transaction costs	1,458,872	1		5,621		—		5,622
Net loss	—	—		—		(1,298)		(1,298)
Balances as of September 30, 2025	5,223,015	$	5	$	152,019	$	(140,676)	$	11,348
2024
Balances as of December 31, 2023	514,003	$	1	$	136,263	$	(129,913)	$	6,351
Stock-based compensation	—	—		85		—		85
Issuance of common stock upon exercise of warrants, net of transaction costs	460	—		6		—		6
Net loss	—	—		—		(1,832)		(1,832)
Balances as of March 31, 2024	514,463	1		136,354		(131,745)		4,610
Stock-based compensation	—	—		88		—		88
Issuance of common stock for fractional shares in the 10:1 reverse stock split	877	—		—		—		—
Net loss	—	—		—		(1,584)		(1,584)
Balances as of June 30, 2024	515,340	1		136,442		(133,329)		3,114
Stock-based compensation	—	—		73		—		73
Issuance of common stock upon exercise of warrants, net of transaction costs	505,502	—		1,977		—		1,977
Net loss	—	—		—		(1,513)		(1,513)
Balances as of September 30, 2024	1,020,842	$	1	$	138,492	$	(134,842)	$	3,651