v3.26.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Total revenues $ 16,313 $ 9,608
Costs and expenses:    
Cost of Sales 11,163 7,298
General and administrative 29,484 24,345
Depreciation 1,264 1,214
Total costs and expenses 41,911 32,857
Operating loss (25,598) (23,249)
Interest expense, net (8,580) (7,880)
Gain (Loss) on Derivative Instruments, Net, Pretax 38 0
Loss before income taxes (34,140) (31,129)
Income tax expense (11) (11)
Net loss and comprehensive loss (34,151) (31,140)
Less: Preferred stock dividend requirements 5,083 5,106
Net loss and comprehensive loss applicable to common stock $ (39,234) $ (36,246)
Basic and diluted net loss per common share (in dollars per share) $ (0.48) $ (0.53)
Basic and diluted weighted-average shares outstanding (in shares) 81,064 68,847