v3.25.2
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net loss $ (3,068) $ (3,372)
Adjustment to reconcile net income (loss) to net cash provided by (used in) operating activities    
Depreciation & amortization 12 691
Warrant liability 379
Interest expense settled by equity 316
Common stock issued for services 88
Amortization of debt discount 223 145
Other income (124)
Stock compensation expenses 36 51
(Increase) / decrease in:    
Accounts receivable (752) 1,231
Other current assets (133) 525
Due from affiliates (2,823) (59)
Accounts payable (1,375) (16)
Other current liabilities (592) (560)
Net cash used in operating activities (8,192) (985)
Cash flows from investing activities    
Purchase of furniture and equipment (3)
Acquisition of assets (note 8) (600)
Net cash used in investing activities (603)
Cash flows from financing activities    
Decrease in short term borrowing (1,674) (1,176)
Net proceeds from equity issuance 13,677 956
Net cash provided by / (used in) financing activities 12,003 (220)
Net changes in cash and cash equivalents 3,208 (1,205)
Cash and cash equivalents at the beginning of the period 20 1,234
Cash and cash equivalents at the end of the period 3,228 29
Supplementary disclosure of cash flows information    
Interest 435 280
Income taxes 6
Cashless warrants issued 14,710
Conversion of convertible note 1,191 1,181
Acquisition of assets (note 8) $ 5,100