v3.25.2
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Restricted Stock [Member]
Preferred Stock [Member]
Series A Preferred Stock [Member]
Restricted Stock [Member]
Preferred Stock [Member]
Series B Preferred Stock [Member]
Restricted Stock [Member]
Preferred Stock [Member]
Series X Preferred Stock [Member]
Restricted Stock [Member]
Common Stock [Member]
Restricted Stock [Member]
Additional Paid-in Capital [Member]
Restricted Stock [Member]
Retained Earnings [Member]
Restricted Stock [Member]
Parent [Member]
Restricted Stock [Member]
Noncontrolling Interest [Member]
Restricted Stock [Member]
May 2025 PIPE Financing [Member]
Preferred Stock [Member]
Series A Preferred Stock [Member]
May 2025 PIPE Financing [Member]
Preferred Stock [Member]
Series B Preferred Stock [Member]
May 2025 PIPE Financing [Member]
Preferred Stock [Member]
Series X Preferred Stock [Member]
May 2025 PIPE Financing [Member]
Common Stock [Member]
May 2025 PIPE Financing [Member]
Additional Paid-in Capital [Member]
May 2025 PIPE Financing [Member]
Retained Earnings [Member]
May 2025 PIPE Financing [Member]
Parent [Member]
May 2025 PIPE Financing [Member]
Noncontrolling Interest [Member]
May 2025 PIPE Financing [Member]
ATM Offering [Member]
Preferred Stock [Member]
Series A Preferred Stock [Member]
ATM Offering [Member]
Preferred Stock [Member]
Series B Preferred Stock [Member]
ATM Offering [Member]
Preferred Stock [Member]
Series X Preferred Stock [Member]
ATM Offering [Member]
Common Stock [Member]
ATM Offering [Member]
Additional Paid-in Capital [Member]
ATM Offering [Member]
Retained Earnings [Member]
ATM Offering [Member]
Parent [Member]
ATM Offering [Member]
Noncontrolling Interest [Member]
ATM Offering [Member]
Issuance to Noncontrolling Interest [Member]
Preferred Stock [Member]
Series A Preferred Stock [Member]
Issuance to Noncontrolling Interest [Member]
Preferred Stock [Member]
Series B Preferred Stock [Member]
Issuance to Noncontrolling Interest [Member]
Preferred Stock [Member]
Series X Preferred Stock [Member]
Issuance to Noncontrolling Interest [Member]
Common Stock [Member]
Issuance to Noncontrolling Interest [Member]
Additional Paid-in Capital [Member]
Issuance to Noncontrolling Interest [Member]
Retained Earnings [Member]
Issuance to Noncontrolling Interest [Member]
Parent [Member]
Issuance to Noncontrolling Interest [Member]
Noncontrolling Interest [Member]
Issuance to Noncontrolling Interest [Member]
Preferred Stock [Member]
Series A Preferred Stock [Member]
Preferred Stock [Member]
Series B Preferred Stock [Member]
Preferred Stock [Member]
Series X Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Parent [Member]
Noncontrolling Interest [Member]
Total
Balance (in shares) at Dec. 31, 2023                                                                         4,578 0 12,656 702,662          
Balance at Dec. 31, 2023                                                                         $ 0 $ 0 $ 0 $ 0 $ 296,902 $ (275,709) $ 21,193 $ 0 $ 21,193
Stock-based compensation                                                                         $ 0 $ 0 $ 0 $ 0 6 0 6 0 6
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest                                                                                   (2,675) (2,675) 0 (2,675)
Conversion of preferred stock (in shares)                                                                         (875) 0 0 54,678          
Conversion of preferred stock                                                                         $ 0 $ 0 $ 0 $ 0 0 0 0 0 0
Conversion of Series A Convertible Preferred Stock (in shares)                                                                         (875) 0 0 54,678          
Conversion of Series A Convertible Preferred Stock                                                                         $ 0 $ 0 $ 0 $ 0 0 0 0 0 0
Balance (in shares) at Mar. 31, 2024                                                                         3,703 0 12,656 757,340          
Balance at Mar. 31, 2024                                                                         $ 0 $ 0 $ 0 $ 0 296,908 (278,384) 18,524 18,524
Balance (in shares) at Dec. 31, 2023                                                                         4,578 0 12,656 702,662          
Balance at Dec. 31, 2023                                                                         $ 0 $ 0 $ 0 $ 0 296,902 (275,709) 21,193 0 21,193
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest                                                                                         (6,895)
Balance (in shares) at Jun. 30, 2024                                                                         3,703 0 12,656 757,340          
Balance at Jun. 30, 2024                                                                         $ 0 $ 0 $ 0 $ 0 296,921 (282,604) 14,317 0 14,317
Balance (in shares) at Mar. 31, 2024                                                                         3,703 0 12,656 757,340          
Balance at Mar. 31, 2024                                                                         $ 0 $ 0 $ 0 $ 0 296,908 (278,384) 18,524 18,524
Stock-based compensation                                                                         $ 0 $ 0 $ 0 $ 0 13 0 13 0 13
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest                                                                                   (4,220) (4,220) 0 (4,220)
Balance (in shares) at Jun. 30, 2024                                                                         3,703 0 12,656 757,340          
Balance at Jun. 30, 2024                                                                         $ 0 $ 0 $ 0 $ 0 296,921 (282,604) 14,317 0 14,317
Balance (in shares) at Dec. 31, 2024                                                                         0 0 12,656 8,004,633          
Balance at Dec. 31, 2024                                                                         $ 0 $ 0 $ 0 $ 0 304,109 (292,352) 11,757 0 11,757
Stock-based compensation                                                                         $ 0 $ 0 $ 0 $ 0 91 0 91 0 91
Issuance of common stock for vested restricted stock awards (in shares) 0 0 0 49,999                                                                                  
Issuance of common stock for vested restricted stock awards $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0                                                                        
Issuance of common stock for asset acquisition (see Note 14) (in shares)                                                                         0 0 0 275,000          
Issuance of common stock for asset acquisition (see Note 14)                                                                         $ 0 $ 0 $ 0 $ 0 113 0 113 0 113
Issuance of common stock upon release of Prepaid Series Warrants (see Note 11) (in shares)                                                                         0 0 0 939,000          
Issuance of common stock upon release of Prepaid Series Warrants (see Note 11)                                                                         $ 0 $ 0 $ 0 $ 0 0 0 0 0 0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest                                                                                   (4,045) (4,045) 0 (4,045)
Balance (in shares) at Mar. 31, 2025                                                                         0 0 12,656 9,268,632          
Balance at Mar. 31, 2025                                                                         $ 0 $ 0 $ 0 $ 0 304,313 (296,397) 7,916 0 7,916
Balance (in shares) at Dec. 31, 2024                                                                         0 0 12,656 8,004,633          
Balance at Dec. 31, 2024                                                                         $ 0 $ 0 $ 0 $ 0 304,109 (292,352) 11,757 0 11,757
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest                                                                                         (9,503)
Issuance of preferred stock and warrants under the May 2025 PIPE Financing, net of issuance costs (in shares)                                                     4,183,589                                    
Balance (in shares) at Jun. 30, 2025                                                                         0 2,229 12,656 18,861,579          
Balance at Jun. 30, 2025                                                                         $ 0 $ 0 $ 0 $ 0 308,295 (301,506) 6,789 (240) 6,549
Balance (in shares) at Mar. 31, 2025                                                                         0 0 12,656 9,268,632          
Balance at Mar. 31, 2025                                                                         $ 0 $ 0 $ 0 $ 0 304,313 (296,397) 7,916 0 7,916
Stock-based compensation                                                                         $ 0 $ 0 $ 0 $ 0 98 0 98 0 98
Issuance of common stock for vested restricted stock awards (in shares) 0 0 0 50,001                                                                                  
Issuance of common stock for vested restricted stock awards $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0                                                                        
Issuance of common stock for asset acquisition (see Note 14) (in shares)                                                                         0 0 0 1,000,000          
Issuance of common stock for asset acquisition (see Note 14)                                                                         $ 0 $ 0 $ 0 $ 0 280 0 280 0 280
Issuance of common stock upon release of Prepaid Series Warrants (see Note 11) (in shares)                                                                         0 0 0 2,157,000          
Issuance of common stock upon release of Prepaid Series Warrants (see Note 11)                                                                         $ 0 $ 0 $ 0 $ 0 0 0 0 0 0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest                                                                                   (5,109) (5,109) (349) (5,458)
Issuance of preferred stock and warrants under the May 2025 PIPE Financing, net of issuance costs (in shares)                   0 3,000 0 0           0 0 0 4,183,589                                              
Issuance of preferred stock and warrants under the May 2025 PIPE Financing, net of issuance costs                   $ 0 $ 0 $ 0 $ 0 $ 2,034 $ 0 $ 2,034 $ 0 $ 2,034 $ 0 $ 0 $ 0 $ 0 $ 1,570 $ 0 $ 1,570 $ 0 $ 1,570                                    
Conversion of preferred stock (in shares)                                                                         0 (771) 0 2,202,357          
Conversion of preferred stock                                                                         $ 0 $ 0 $ 0 $ 0 0 0 0 0 0
Issuance of VIE shares to non-controlling interest                                                       $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 109 $ 109                  
Conversion of Series A Convertible Preferred Stock (in shares)                                                                         0 (771) 0 2,202,357          
Conversion of Series A Convertible Preferred Stock                                                                         $ 0 $ 0 $ 0 $ 0 0 0 0 0 0
Balance (in shares) at Jun. 30, 2025                                                                         0 2,229 12,656 18,861,579          
Balance at Jun. 30, 2025                                                                         $ 0 $ 0 $ 0 $ 0 $ 308,295 $ (301,506) $ 6,789 $ (240) $ 6,549