v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue:        
Total revenue $ 2,404,000 $ 2,423,000 $ 4,683,000 $ 4,576,000
Cost of revenue:        
Total cost of revenue 870,000 1,002,000 1,589,000 1,941,000
Gross profit 1,534,000 1,421,000 3,094,000 2,635,000
Operating expenses:        
Research and development 704,000 952,000 1,677,000 1,858,000
Sales and marketing 679,000 2,137,000 1,765,000 4,026,000
General and administrative 1,961,000 2,725,000 4,702,000 5,854,000
Total operating expenses 3,344,000 5,814,000 8,144,000 11,738,000
Loss from operations (1,810,000) (4,393,000) (5,050,000) (9,103,000)
Other (expense) income, net:        
Change in fair value of warrant liabilities (624,000) 889,000 297,000 1,140,000
Change in fair value of convertible notes 170,000
Loss upon issuance of Convertible Notes carried at fair value (1,198,000)
Interest expense, net (13,000) (10,000) (27,000) (15,000)
Other (expense) income, net (219,000) (16,000) 1,289,000 (181,000)
Total other (expense) income, net (856,000) 863,000 531,000 944,000
Net loss $ (2,666,000) $ (3,530,000) $ (4,519,000) $ (8,159,000)
Net loss per share - basic $ (0.07) $ (0.28) $ (0.16) $ (0.67)
Net loss per share - diluted $ (0.07) $ (0.28) $ (0.16) $ (0.67)
Basic weighted average common shares used to compute net loss per common share 35,564,032 12,518,725 28,579,132 12,181,481
Diluted weighted average common shares used to compute net loss per common share 35,564,032 12,518,725 28,579,132 12,181,481
Product [Member]        
Revenue:        
Total revenue $ 2,404,000 $ 2,423,000 $ 4,683,000 $ 4,576,000
Cost of revenue:        
Total cost of revenue $ 870,000 $ 1,002,000 $ 1,589,000 $ 1,941,000