v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
ASSETS:    
Cash and cash equivalents $ 12,935 $ 9,439
Accounts receivable, net of allowance for credit losses of $163 and $487, respectively 46,735 46,532
Prepaid expenses and other current assets 7,799 8,729
Current restricted cash 0 1,255
Total current assets 67,469 65,955
Non-current restricted cash 710 0
Property and equipment, net 104 304
Operating lease right-of-use assets 2,859 1,570
Intangible assets, net 17,276 21,797
Other non-current assets 715 3,991
Total assets 89,133 93,617
LIABILITIES AND SHAREHOLDERS’ EQUITY:    
Accounts payable 7,200 8,776
Accrued expenses and other current liabilities 25,163 21,905
Deferred revenue 721 556
Short-term debt, net 30,846 31,609
Current portion of operating lease liability 1,104 1,836
Total current liabilities 65,034 64,682
Long-term debt, net 0 250
Convertible Notes, at fair value with related parties 3,734 3,720
Operating lease liability, net 1,985 9
Other non-current liabilities 168 1
Total liabilities 70,921 68,662
Contingencies (Note 15)
Shareholders' equity:    
Preferred stock — $0.0001 par value, 10,000,000 Shares authorized; Shares outstanding — 0 shares for both periods 0 0
Common stock — $0.0005 par value, 200,000,000 Shares authorized; Shares issued — 30,404,779 and 20,791,431, respectively; and Shares outstanding — 29,636,184 and 20,022,836, respectively 53 47
Treasury stock, at cost — 768,595 and 768,595 shares, respectively (11,407) (11,407)
Additional paid-in capital 467,528 447,110
Accumulated deficit (437,962) (410,795)
Total shareholders’ equity 18,212 24,955
Total liabilities and shareholders' equity $ 89,133 $ 93,617