Annual report [Section 13 and 15(d), not S-K Item 405]

Statements of Stockholders' Equity

v3.26.1
Statements of Stockholders' Equity - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock, Common [Member]
Total
Balances at Dec. 31, 2023 $ 2 $ 38,886 $ (25,659) $ (40) $ 13,189
Balance, shares at Dec. 31, 2023 2,511,350        
Net loss (4,677) (4,677)
Balances at Dec. 31, 2024 $ 2 38,886 (30,336) (40) 8,512
Balance, shares at Dec. 31, 2024 2,511,350        
Net loss (9,133) (9,133)
Adjustment of common stock for reverse stock split (2) 2
Issuance of common stock to director for accrued fees 8 8
Issuance of common stock to director for accrued fees, shares 2,679        
Shares of common stock issued for cash, net of offering costs 757 757
Shares of common stock issued for cash, net of offering costs, shares 166,127        
Balances at Dec. 31, 2025 $ 39,653 $ (39,469) $ (40) $ 144
Balance, shares at Dec. 31, 2025 2,680,156