v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (8,877) $ (5,692)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 559 563
Non-cash interest expense on promissory note 100
Depreciation and amortization 483 291
Fair value of common stock issued for services 11
Fair value of warrants issued for services 20
Changes in operating assets and liabilities:    
Accounts receivable (269) (193)
Operating lease liabilities, net (67) (62)
Prepaid expenses and other current assets 98 62
Deposits and other 64 41
Accounts payable 608 (117)
Accrued expenses (127) (206)
Other liabilities 646 (2)
Contract liability (508) (280)
Net cash used in operating activities (7,290) (5,564)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payment for acquisition, net of cash acquired of $865 (5,135)
Acquisitions of property and equipment (893) (211)
Net cash (used in) provided by investing activities (6,028) (211)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of debt 9,642
Proceeds from issuance of common stock 347
Proceeds from issuance of warrants 1,699 7,500
Proceeds from issuance of pre-funded warrants 609 3,941
Payments for issuance costs (837) (406)
Net cash provided by financing activities 11,460 11,035
Net (decrease) increase in cash and cash equivalents (1,858) 5,260
Cash and cash equivalents at beginning of year 6,260 1,643
Cash and cash equivalents at end of year 4,402 6,903
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for interest 7
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Conversion of promissory note, net of issuance costs 1,100
Common stock issued as consideration for acquisition 1,305
Contingent consideration as consideration for acquisition $ 1,400