v3.25.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 6,826 $ 20
Accounts receivable 1,907 1,110
Other current assets 1,107 322
Total current assets 9,840 1,452
Property and equipment, net 12
Due from affiliates 1,945 497
Total assets 11,785 1,961
Current liabilities    
Accounts payable 1,618 2,539
Short term borrowing 775 2,650
Other current liabilities 815 1,386
Total current liabilities 3,208 6,575
Long-term liabilities    
Contingent consideration 500
Total current and long-term liabilities 3,208 7,075
Stockholders’ equity    
Preferred stock, value 7,435 7,435
Common stock, par value $0.00001; 100,000,000 authorized 16,038,376 and 5,666,781 shares issued and outstanding as of March 31, 2025, and December 31, 2024 respectively
Additional paid-in capital 36,413 21,022
Accumulated deficit (35,271) (33,571)
Total stockholders’ equity (deficit) 8,577 (5,114)
Total liabilities and stockholders’ equity 11,785 1,961
Series A, Super Voting Preferred Stock    
Stockholders’ equity    
Preferred stock, value