For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-09-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenues | - | 5 | 5 | 5* |
| Research and development | 16,192 | 14,960 | 15,827 | 22,817* |
| General and administrative | 8,052 | 5,904 | 5,993 | 6,059* |
| Total operating expenses | 24,244 | 20,864 | 21,820 | 28,876* |
| Loss from operations | -24,244 | -20,859 | -21,815 | -28,871* |
| Interest expense | 1,068 | 495 | 1 | -9* |
| Interest income | 2,901 | 2,426 | 1,545 | 2,344* |
| Other income (expense), net | -152 | -86 | 15 | -6* |
| Total other income (expense), net | 1,681 | 1,845 | 1,559 | 2,347* |
| Net loss before income taxes | -22,563 | -19,014 | -20,256 | - |
| Income tax expense (benefit) | - | - | -681 | - |
| Net loss | -22,563 | -19,014 | -19,575 | -26,524* |
| Other comprehensive income - unrealized gain on short-term investments | -296 | 23 | -30 | -1,010* |
| Comprehensive loss | -22,859 | -18,991 | -19,605 | -27,534 |
| Basic EPS | -0.18 | -0.21 | -0.26 | -0.388 |
| Diluted EPS | -0.18 | -0.21 | -0.26 | -0.388 |
| Basic Average Shares | 124,461,818 | 89,418,028 | 75,547,746 | 70,922,011 |
| Diluted Average Shares | 124,461,818 | 89,418,028 | 75,547,746 | 70,922,011 |