v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities:    
Net loss $ (26,084) $ (8,983)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of right of use of assets 256 240
Share-based compensation expense 79 98
Non-cash interest expense 28  
Loss on disposal of assets 11,143  
Changes in operating assets and liabilities:    
Inventories 39 0
Accounts payable (46) 44
Accrued liabilities 289 (41)
Operating lease liabilities (258) (277)
Net cash used in operating activities (14,554) (8,919)
Cash flows from investing activities:    
Proceeds from maturities and sales of marketable securities 0 9,724
Purchases of marketable securities 0 (5,229)
Net cash provided by investing activities 0 4,495
Cash flows from financing activities:    
Dividend payment 0 (14,496)
Proceeds from sale of stock 1,000 0
Proceeds from issuance of convertible note 3,000  
Purchases of outstanding warrants (33)  
Proceeds from equity-based compensation programs (1) 23
Net cash provided by (used) in financing activities 3,966 (14,473)
Cash flows from discontinued operations    
Net cash provided by operating activities 7,032 2,497
Net cash provided by investing activities 2,912 0
Net cash provided by financing activities 0 0
Net cash provided by discontinued operations 9,944 2,497
Effect of exchange rate changes on cash and cash equivalents and restricted cash (34) (18)
Net decrease in cash and cash equivalents and restricted cash (678) (16,418)
Cash and cash equivalents and restricted cash at the beginning of the year 1,417 17,835
Cash and cash equivalents and restricted cash at the end of the year 739 1,417
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 103 $ 98
Interest paid as non-cash dividend 28  
Conversion of debt to Series B Preferred stock $ 3,026