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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating expenses:    
Selling, general and administrative $ 3,903 $ 3,125
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 (loss) income:    
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
Basic net (loss) income per share (in dollars per share) $ (0.29) $ 2.28
Diluted net (loss) income per share (in dollars per share) $ (0.29) $ 2.28
Weighted average shares of common stock outstanding used to compute basic net (loss) income per share 40,614,087 3,984,876
Weighted average shares of common stock outstanding used to compute diluted net (loss) income per share 40,614,087 3,984,876