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Note 3 - Business Combination (Tables)
12 Months Ended
Dec. 31, 2024
Notes Tables  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
  

Fair Value as of

 

Description

 

January 9, 2023

 

Fair value of 14,649.592 Series X convertible preferred stock issued

 $69,140 

Fair value of Old Catheter’s fully vested stock options

  3,404 

Total Purchase Price

 $72,544 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Description

 

Fair Value

 

Assets acquired:

    

Cash and cash equivalents

 $15 

Accounts receivable

  71 

Inventories

  52 

Prepaid expenses and other current assets

  23 

Property and equipment, net

  26 

Lease right-of-use assets

  119 

Other assets

  8 

Developed technology

  27,014 

Customer relationships

  62 

Trademarks

  1,285 

Goodwill

  60,934 

Total assets acquired

 $89,609 
     

Liabilities assumed:

    

Accounts payable

 $922 

Accrued expenses

  1,389 

Lease liability

  124 

Interest payable

  198 

Convertible promissory notes

  250 

Royalties payable due to related parties

  14,182 

Total liabilities assumed

  17,065 

Total purchase price

 $72,544 
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

Intangible Assets

 

Estimated Fair Value

  

Estimated Useful Life

 

Developed technology- VIVO

 $8,244   15 

Developed technology- LockeT

  18,770   14 

Customer relationships

  62   6 

Trademark- VIVO

  876   9 

Trademark- LockeT

  409   9 
  $28,361     
Business Acquisition, Pro Forma Information [Table Text Block]
  

For the Year Ended December 31,

 
  

2023

 

Revenues

 $445 

Net loss

 $(70,742)

Net loss attributable to common stockholders

 $(71,542)

Basic and diluted net loss per share – on a pro forma basis

 $(118.30)