v3.25.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 838 $ 2,873
Trading debt securities 874 0
Accounts receivable, net 115 70
Inventories 48 33
Prepaid expenses and other current assets 171 316
Total current assets 2,046 3,292
Property and equipment, net 79 91
Operating lease right-of-use assets, net 178 105
Intangible assets, net 23,252 24,274
Other non-current assets 8 8
TOTAL ASSETS 25,563 27,770
Current Liabilities    
Accounts payable 804 230
Accrued expenses 1,533 1,548
Current portion of operating lease liabilities 86 98
Total current liabilities 4,642 2,230
Royalties payable due to related parties 11,546 9,068
Operating lease liabilities 94 13
Deferred tax liability 1,467 3,141
Total liabilities 19,014 16,013
Commitments and contingencies (see Note 16)
Stockholders' Equity    
Common stock, $0.0001 par value, 60,000,000 shares authorized; 18,861,579 and 8,004,633 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 0 0
Additional paid-in capital 308,295 304,109
Accumulated deficit (301,506) (292,352)
Total stockholders' equity attributable to Catheter Precision, Inc. 6,789 11,757
Non-controlling interest (240) 0
Total stockholders' equity 6,549 11,757
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 25,563 27,770
Series A Preferred Stock [Member]    
Stockholders' Equity    
Preferred Stock 0 0
Series B Preferred Stock [Member]    
Stockholders' Equity    
Preferred Stock 0 0
Series X Preferred Stock [Member]    
Stockholders' Equity    
Preferred Stock 0 0
Nonrelated Party [Member]    
Current Liabilities    
Short-term notes payable 26 177
Current portion of notes payable due to related parties 26 177
Notes payable of variable interest entities, net of discount 1,265 0
Related Party [Member]    
Current Liabilities    
Short-term notes payable 1,500 0
Current portion of notes payable due to related parties 1,500 0
Current portion of interest payable due to related parties 151 0
Current portion of royalties payable due to related parties 542 177
Notes payable of variable interest entities, net of discount 0 1,500
Interest payable due to related parties $ 0 $ 61