Quarterly report [Sections 13 or 15(d)]

Condensed Statements of Stockholders' Equity (Unaudited)

v3.26.1
Condensed Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock, Common [Member]
Total
Balance at Dec. 31, 2024 $ 2 $ 38,886 $ (30,336) $ (40) $ 8,512
Balance, shares at Dec. 31, 2024 2,511,350        
Net loss   (1,265) (1,265)
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        
Balance at Mar. 31, 2025 38,896 (31,601) (40) 7,255
Balance, shares at Mar. 31, 2025 2,514,029        
Balance at Dec. 31, 2025 39,653 (39,469) (40) 144
Balance, shares at Dec. 31, 2025 2,680,156        
Shares of common stock issued for cash, net of offering costs 2,424 2,424
Shares of common stock issued for cash, net of offering costs, shares 962,500        
Net loss   (178) (178)
Balance at Mar. 31, 2026 $ 42,077 $ (39,647) $ (40) $ 2,390
Balance, shares at Mar. 31, 2026 3,642,656