v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 244 $ 868
Accounts receivable 350 43
Prepaid expenses 25 159
Interest receivable 46 0
Other current assets 250 1,350
Total current assets 915 2,420
Right of use asset 18 86
Security deposit 32 86
Intangible assets, net of accumulated amortization 4,151 3,410
Goodwill 2,956 1,161
Capitalized software development, net of accumulated amortization 1,321 1,823
TOTAL ASSETS 9,393 8,986
Current liabilities    
Accounts payable 2,566 1,853
Accrued liabilities 1,321 1,519
Notes payable 250 0
Notes payable – related party 1,000 0
Convertible notes payable, net of discount of $66 717 0
Deferred revenue 5 0
Contingent consideration 564 0
Right of use liability 18 68
Total current liabilities 6,441 3,440
Long-term liabilities    
Right of use liability, net of current portion 0 18
Notes payable – related party, net of current portion 1,000 0
Notes payable, net of current portion 59 61
Total long-term liabilities 1,059 79
TOTAL LIABILITIES 7,500 3,519
Commitments and contingencies (Note 8)
Stockholders’ equity    
Series A preferred stock; $0.001 par value; 100,000 shares authorized; 14 shares issued and outstanding at December 31, 2025 and 2024 0 0
Common stock, $0.001 par value; 105,263,158 shares authorized; 40,488,934 and 33,278,934 issued and outstanding at December 31, 2025 and 2024, respectively 40 33
Additional paid-in capital 178,470 174,131
Accumulated deficit (176,617) (168,697)
Total stockholders’ equity 1,893 5,467
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 9,393 $ 8,986