XML 16 R5.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Shareholders' Equity (Deficit) (Unaudited) - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2023 $ 11 $ 4,123 $ (6,212) $ (2,078)
Balance, shares at Dec. 31, 2023 10,562,640      
Net loss (576) (576)
Balance at Jun. 30, 2024 $ 11 4,123 (6,788) (2,654)
Balance, shares at Jun. 30, 2024 10,562,640      
Balance at Dec. 31, 2023 $ 11 4,123 (6,212) (2,078)
Balance, shares at Dec. 31, 2023 10,562,640      
Balance at Dec. 31, 2024 $ 14 13,577 (8,815) 4,776
Balance, shares at Dec. 31, 2024 13,736,597      
Balance at Mar. 31, 2024 $ 11 4,123 (6,535) (2,401)
Balance, shares at Mar. 31, 2024 10,562,640      
Net loss (253) (253)
Balance at Jun. 30, 2024 $ 11 4,123 (6,788) (2,654)
Balance, shares at Jun. 30, 2024 10,562,640      
Balance at Dec. 31, 2024 $ 14 13,577 (8,815) 4,776
Balance, shares at Dec. 31, 2024 13,736,597      
Common shares issued for cash through equity line of credit, net of expenses $ 1 209 210
Common shares issued for cash through equity line of credit, net of expenses, shares 510,000      
Issuance of common shares recorded as a vendor advance 156 156
Issuance of common shares recorded as a vendor advance, shares 534,188      
Fair value of vested restricted stock units 153 153
Fair value of vested restricted stock units, shares 78,521      
Net loss (2,684) (2,684)
Fair value of common shares issued for deferred offering costs $ 1 327 328
Fair value of common shares issued for deferred offering costs, shares 384,459      
Proceeds from the sale of common shares and pre-funded warrants, net of offering costs $ 2 3,056 3,058
Proceeds from the sale of common shares and pre-funded warrants, net of offering costs, shares 2,500,000      
Balance at Jun. 30, 2025 $ 18 17,478 (11,499) 5,997
Balance, shares at Jun. 30, 2025 17,743,765      
Balance at Mar. 31, 2025 $ 17 17,192 (10,077) 7,132
Balance, shares at Mar. 31, 2025 16,376,118      
Issuance of common shares upon the exercise of pre-funded warrants
Issuance of common shares upon the exercise of pre-funded warrants, shares 490,000      
Common shares issued for cash through equity line of credit, net of expenses $ 1 209 210
Common shares issued for cash through equity line of credit, net of expenses, shares 510,000      
Issuance of common shares recorded as a vendor advance
Issuance of common shares recorded as a vendor advance, shares 367,647      
Fair value of vested restricted stock units 77 77
Fair value of vested restricted stock units, shares      
Net loss (1,422) (1,422)
Balance at Jun. 30, 2025 $ 18 $ 17,478 $ (11,499) $ 5,997
Balance, shares at Jun. 30, 2025 17,743,765