v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash $ 4,707 $ 2,161
Restricted cash 0 1,839
Accounts receivable, net 32 2
Contract assets, net 211 0
Deposits 3,000 36,000
Note receivable, current 106 0
Prepaid expenses and other current assets 957 1,031
Current assets - discontinued operations 1,673 2,281
Total current assets 10,686 43,314
Property and equipment, net 422 680
Operating lease, right-of-use assets 148 167
Deposits 63 300
Note receivable, non-current 1,729 0
Non-current assets - discontinued operations 0 1,838
Total assets 13,048 46,299
Current liabilities:    
Accounts payable and accrued liabilities 3,299 5,452
Convertible notes, net 1,474 4,050
Operating lease liability 41 39
Credit facility and other loans 0 28,855
Customer deposits and deferred revenue 6,840 11,386
Current liabilities - discontinued operations 8,351 12,418
Total current liabilities 20,005 62,200
Operating lease liability, non-current 107 128
Non-current liabilities - discontinued operations 0 305
Total liabilities 20,112 62,633
COMMITMENTS AND CONTINGENCIES (Note 15)
Shareholders’ deficit:    
Common Stock Class A, $0.0001 par value; 200,000,000 authorized; 4,622,737 and 1,843,852 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 5 5
Additional paid-in capital 93,181 87,968
Accumulated deficit (100,250) (104,307)
Total shareholders’ deficit (7,064) (16,334)
Total liabilities and shareholders’ deficit $ 13,048 $ 46,299