Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Changes in Stockholders' Equity

v3.26.1
Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Common Stock
Common Stock Class A
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Total
Balance at beginning at Dec. 31, 2024 $ 1 $ 1 $ 107,094 $ (87,027) $ 20,069
Balance at beginning (in shares) at Dec. 31, 2024 6,000,000 16,153,610      
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY          
Share-based compensation     2,659   2,659
Exercise of stock options for cash     240   240
Exercise of stock options for cash (In shares)   133,703      
Issuance of common stock for vested restricted stock units (in shares)   324,159      
Issuance of common stock under ESPP     99   99
Issuance of common stock under ESPP (in shares)   25,641      
Issuance of common stock, ATM offering, net of issuance costs     4,048   4,048
Issuance of common stock, ATM offering, net of issuance costs (in shares)   834,722      
Net loss       (7,869) (7,869)
Balance at ending at Jun. 30, 2025 $ 1 $ 1 114,140 (94,896) 19,246
Balance at ending (in shares) at Jun. 30, 2025 6,000,000 17,471,835      
Balance at beginning at Mar. 31, 2025 $ 1 $ 1 112,639 (91,100) 21,541
Balance at beginning (in shares) at Mar. 31, 2025 6,000,000 17,104,437      
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY          
Share-based compensation     1,336   1,336
Exercise of stock options for cash     165   165
Exercise of stock options for cash (In shares)   93,660      
Issuance of common stock for vested restricted stock units (in shares)   273,738      
Net loss       (3,796) (3,796)
Balance at ending at Jun. 30, 2025 $ 1 $ 1 114,140 (94,896) 19,246
Balance at ending (in shares) at Jun. 30, 2025 6,000,000 17,471,835      
Balance at beginning at Dec. 31, 2025 $ 1 $ 2 130,307 (98,458) 31,852
Balance at beginning (in shares) at Dec. 31, 2025 6,000,000 21,144,655      
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY          
Share-based compensation     2,426   2,426
Exercise of stock options for cash     230   230
Exercise of stock options for cash (In shares)   93,144      
Issuance of common stock for vested restricted stock units (in shares)   394,382      
Issuance of common stock under ESPP     148   148
Issuance of common stock under ESPP (in shares)   24,874      
Net loss       (2,542) (2,542)
Balance at ending at Jun. 30, 2026 $ 1 $ 2 133,111 (101,000) 32,114
Balance at ending (in shares) at Jun. 30, 2026 6,000,000 21,657,055      
Balance at beginning at Mar. 31, 2026 $ 1 $ 2 131,516 (100,688) 30,831
Balance at beginning (in shares) at Mar. 31, 2026 6,000,000 21,333,946      
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY          
Share-based compensation     1,437   1,437
Exercise of stock options for cash     158   158
Exercise of stock options for cash (In shares)   50,994      
Issuance of common stock for vested restricted stock units (in shares)   272,115      
Net loss       (312) (312)
Balance at ending at Jun. 30, 2026 $ 1 $ 2 $ 133,111 $ (101,000) $ 32,114
Balance at ending (in shares) at Jun. 30, 2026 6,000,000 21,657,055