v3.25.4
Nature of Business and Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Nature of Business and Significant Accounting Policies [Abstract]  
Cash and Cash Equivalents and Restricted Cash The following table provides a reconciliation of cash, cash equivalents, and restricted cash presented in the consolidated statement of cash flows as of December 31, 2025 (in thousands):
     
Cash and cash equivalents
 $1,085 
Restricted cash
  105 
Total cash, cash equivalents, and restricted cash
 $1,190 
Inventories Inventories consisted of the following as of December 31:
         
(in thousands)
  2025     2024  
Finished Goods
 $445   $512 
Work in Process
  88    131 
Raw Materials
  1,457    1,310 
Inventory Reserve
  (80   (235
Total
 $1,910   $1,718 
Estimated Useful Lives Depreciation expense has been calculated using the following estimated useful lives:
  
Production Equipment
3-7 years
Office Furniture and Fixtures
3-5 years
Computer Software and Equipment
3-4 years
Loaners and demo equipment
1-5 years
Leasehold improvements
3-5 years
Potential Shares of Common Stock not Included in Diluted Net Loss Per Share
The following table sets forth the potential shares of common stock that are not included in the calculation of diluted net loss per share because to do so would be anti-dilutive as of the end of each year presented:
 
           
 
December 31,  
    2025     2024  
Stock options
  4,452    78 
Warrants to purchase common stock
  1,334,937    127,768 
Series F convertible preferred stock
  10,719    50,419 
Series F-1 convertible preferred stock
  13,498     
Series J convertible preferred stock
  81    72 
Total
  1,363,687    178,337 
Reconciles Reported Net Loss with Reported Net Loss Per Share
The following table reconciles reported net loss with reported net loss per share for the years ended December 31:
 
         
(in thousands, except per share amounts)
  2025     2024  
Net loss
 $(17,521  $(11,165
Deemed dividend attributable to Series J Convertible Preferred Stock
  4    541 
Net loss to common shareholders
  (17,517   (10,624
Weighted average shares outstanding
  690,145    31,601 
Basic and diluted loss per share
 $(25.39  $(353.30