XML 38 R27.htm IDEA: XBRL DOCUMENT v3.26.1
Summary of Significant Accounting Policies - Segment Reporting - Reconciliation of company's net income (Details) - USD ($)
$ in Thousands
3 Months Ended
Jan. 07, 2025
Mar. 31, 2026
Mar. 31, 2025
Segment operating expenses:      
Research and development   $ 2,034 $ 825
Change in fair value of contingent consideration   (4) (3,488)
Total operating costs and expenses   5,933 462
Loss from operations   (5,933) (462)
Other segment items:      
Change in fair value of convertible notes   (8,727) (1,631)
Change in fair value of warrants   (4,656) (86,729)
Loss on issuance of warrants $ (75,600)   (75,644)
Loss on extinguishment of debt   (76)  
Loss on derivative liability   (1,743)  
Other income, net   30 103
Total other (loss) income, net   (5,860) 9,557
(Loss) income before taxes   (11,793) 9,095
Net (loss) income   (11,793) 9,095
Single reportable segment      
Segment operating expenses:      
Compensation and benefits   3,129 2,388
Professional and legal fees   1,442 1,215
Office and travel   302 234
Research and development   1,064 113
Total selling, general and administrative, and research and development   5,937 3,950
Change in fair value of contingent consideration   (4) (3,488)
Total operating costs and expenses   5,933 462
Loss from operations   (5,933) (462)
Other segment items:      
Change in fair value of convertible notes   (8,727) (1,631)
Change in fair value of warrants   4,656 86,729
Loss on issuance of warrants     (75,644)
Loss on extinguishment of debt   (76)  
Loss on derivative liability   (1,743)  
Other income, net   30 103
Total other (loss) income, net   (5,860) 9,557
(Loss) income before taxes   (11,793) 9,095
Net (loss) income   $ (11,793) $ 9,095