v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 5,164 $ 14,054
Restricted cash 125 125
Accounts receivable, net of allowance for expected losses of $747 at December 31, 2025 and 2024 21,900 22,890
Prepaid expenses and other current assets 3,383 3,687
Total current assets 30,572 40,756
Right-of-use assets 0 810
Property and equipment, net of accumulated depreciation of $584 and $405 at December 31, 2025 and 2024, respectively 1,269 1,577
Capitalized software costs, net of accumulated amortization of $3,391 and $810 at December 31, 2025 and 2024, respectively 7,061 4,637
Intangible assets, net of accumulated amortization of $3,568 and $2,008 at December 31, 2025 and 2024, respectively 2,836 4,396
Other non-current assets 1,915 1,895
Total assets 43,653 54,071
Current liabilities:    
Accounts payable 2,512 2,900
Accrued expenses 24,189 19,838
Deferred revenue 94 153
Current lease liabilities 0 446
Revolving credit facility, net 12,721 0
Current portion of long-term debt, net 50,585 14,257
Total current liabilities 90,101 37,594
Long-term lease liabilities 0 466
Long-term debt, net 0 39,883
Other long-term liabilities 0 7,798
Total liabilities 90,101 85,741
Stockholders deficit:    
Common stock, par value $0.001; 500,000,000 shares authorized, 2,190,945 and 1,124,951 issued and outstanding at December 31, 2025 and 2024, respectively 2 1
Additional paid-in capital 172,773 167,125
Accumulated deficit (219,223) (198,796)
Total stockholders deficit (46,448) (31,670)
Total liabilities and stockholders deficit $ 43,653 $ 54,071