v3.25.2
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS EQUITY (DEFICIT) - USD ($)
$ in Thousands
Preferred Stock Series A [Member]
Preferred Stock Series B [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Equity, Attributable to Parent           $ (2,604)  
Beginning balance, value at Dec. 31, 2022 $ 5 $ 174,509 $ (107,762) (2,604) $ 64,148
Beginning balance, shares at Dec. 31, 2022 1,723,924        
Issuance of common stock $ 2 9,998 10,000
Issuance of common stock, shares     824,352        
Stock issued under stock compensation plan $ 1 1
Stock issued under stock compensation plan, shares     31,883        
Stock based compensation expense 9,881 9,881
Reclassification of private warrants 545 545
Net loss (71,397) (71,397)
Other comprehensive income 270 270
Ending balance, value at Dec. 31, 2023 $ 8 194,933 (179,159) (2,334) 13,448
Ending balance, shares at Dec. 31, 2023 2,580,159        
Equity, Attributable to Parent   194,941 (179,159) (2,334) 13,448
Ending balance, shares at Mar. 31, 2024   2,605,135        
Beginning balance, value at Dec. 31, 2023 $ 8 194,933 (179,159) (2,334) 13,448
Beginning balance, shares at Dec. 31, 2023 2,580,159        
Issuance of common stock   282 282
Stock based compensation expense   4,042 4,042
Net loss   (20,629) (20,629)
Other comprehensive income   (22) (22)
Ending balance, shares at Jun. 30, 2024   2,636,508        
Beginning balance, value at Dec. 31, 2023 $ 8 194,933 (179,159) (2,334) 13,448
Beginning balance, shares at Dec. 31, 2023 2,580,159        
Issuance of common stock 291 291
Issuance of common stock, shares     56,727        
Reduction of fractional shares due to reverse stock split    
Reduction of fractional shares due to reverse stock split, shares     (378)        
Stock based compensation expense 3,783 3,783
Net loss (40,994) (40,994)
Other comprehensive income 575 575
Reclassification of par to APIC (8) 8
Disposal of subsidiaries 1,602 1,602
Ending balance, value at Dec. 31, 2024 199,015 (220,153) (157) (21,295)
Ending balance, shares at Dec. 31, 2024 2,636,508        
Equity, Attributable to Parent   197,000 (188,515) (2,406) 6,079
Beginning balance, shares at Mar. 31, 2024   2,605,135        
Issuance of common stock   156 156
Stock based compensation expense   2,109 2,109
Net loss   (11,273) (11,273)
Other comprehensive income   50 50
Ending balance, shares at Jun. 30, 2024   2,636,508        
Equity, Attributable to Parent   199,265 (199,788) (2,356) (2,879)
Equity, Attributable to Parent   199,015 (220,153) (157) (21,295)
Beginning balance, shares at Dec. 31, 2024 2,636,508        
Stock based compensation expense   550 550
Net loss   (7,071) (7,071)
Other comprehensive income   (1,606) (1,606)
Ending balance, shares at Jun. 30, 2025   2,670,286        
Equity, Attributable to Parent   199,408 (223,427) (663) (24,682)
Beginning balance, shares at Mar. 31, 2025   2,636,508        
Stock based compensation expense   157 157
Net loss   (3,797) (3,797)
Other comprehensive income   (1,100) (1,100)
Ending balance, shares at Jun. 30, 2025   2,670,286        
Equity, Attributable to Parent   $ 199,565 $ (227,224) $ (1,763) $ (29,422)