v3.25.3

Consolidated Consolidated Statements of Operations (Current Period Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Operating expenses
Research and development	$ 5,370	$ 3,412	$ 15,029	$ 10,714
General and administrative	3,881	2,973	10,676	9,756
Total operating expenses	9,251	6,385	25,705	20,470
Operating loss	(9,251)	(6,385)	(25,705)	(20,470)
Impairment charge on investment in equity securities	0	(1,710)	0	(1,710)
Interest income	570	1,001	1,935	3,213
Other expense, net	(11)	(136)	(63)	(190)
Loss before income taxes	(8,692)	(7,230)	(23,833)	(19,157)
Income taxes benefit	0	0	0	0
Net loss	$ (8,692)	$ (7,230)	$ (23,833)	$ (19,157)
Net loss per share of common stock - basic (in dollars per share)	$ (0.07)	$ (0.06)	$ (0.18)	$ (0.15)
Net loss per share of common stock - diluted (in dollars per share)	$ (0.07)	$ (0.06)	$ (0.18)	$ (0.15)
Weighted average shares outstanding used to compute net loss per share- basic (in shares)	129,171,424	125,772,664	129,170,623	125,608,794
Weighted average shares outstanding used to compute net loss per share - diluted (in shares)	129,171,424	125,772,664	129,170,623	125,608,794

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

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