v3.26.1
Business Description, Basis of Presentation and Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Business Description, Basis of Presentation and Significant Accounting Policies  
Schedule of allowance for doubtful accounts activity

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

Balance at beginning of the year

 

$

405

 

 

$

326

 

Allowance increase (decrease)

 

 

(101

)

 

 

79

Write offs, net of recoveries

 

 

 

 

Balance at end of the year

 

$

304

 

 

$

405

 

Schedule of deferred revenue and associated cost of goods sold and gross profit

 

 

As of December 31,

 

 

 

2025

 

 

2024

 

Deferred revenue

 

$

 

 

$

17

 

Deferred cost of goods sold

 

 

 

 

 

 

Deferred gross profit

 

$

 

 

$

17

 

Schedule of disaggregates the Company's revenue into primary product groups and major regions


Year Ended December 31,

 

 

2025

 

 

2024

 

Audio Conferencing

 

$

2,187

 

 

$

4,287

 

Microphones

 

 

3,017

 

 

 

5,195

 

Video products

 

 

805

 

 

 

1,904

 

 

 

$

6,009

 

 

$

11,386

 

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

North and South America

 

$

3,613

 

 

$

4,178

 

Asia (including Middle East) and Australia

 

 

1,458

 

 

 

5,959

 

Europe and Africa

 

 

938

 

 

 

1,249


 

 

$

6,009

 

 

$

11,386

 

Schedule of changes in the warranty accrual

The details of changes in the Company’s warranty accrual are as follows:

 

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

Balance at the beginning of year

 

$

194

 

 

$

194

 

Accruals/additions

 

 

167

 

 

 

 

Usage/claims

 

 

 

 

Balance at end of year

 

$

361

 

 

$

194

 

Schedule of the computation of basic and diluted loss per common share

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

Numerator:

 

 

 

 

 

 

 

 

Loss from continuing operations

 

$

(4,624

)

 

$

(1,850

)
Loss from discontinued operations

(21,460 )

(7,133 )
Interest adjustment under if-converted method





Adjusted net income

(26,084 )

(8,983 )









Denominator:

 

 

 

 

 

 

 

 

Basic weighted average shares

 

 

1,765,654

 

 

 

1,598,756

 

Dilutive common stock equivalents using if-converted method

 

 

 

 

 

 

Diluted weighted average shares

 

 

1,765,654

 

 

 

1,598,756

 

 

 

 

 

 

 

 

 

 

Basic income (loss) per common share:







From continuing operations
$ (2.62 )
$ (1.19 )
From discontinued operations

(12.15 )
$ (4.42 )
Total

(14.77 )
$ (5.61 )









Diluted income (loss) per common share:







From continuing operations
$ (2.62 )
$ (1.19 )
From discontinued operations

(12.15 )
$ (4.42 )
Total

(14.77 )
$ (5.61 )









Weighted average options, warrants and convertibles outstanding

 

 

576,145

 

 

 

370,254

 

Anti-dilutive options and warrants not included in the computation

 

 

576,145

 

 

 

370,254