v3.26.1
Income Tax (Tables)
 12 Months Ended
Dec. 31, 2025
Income Tax [Abstract]  
Schedule of U.S. and Foreign Components of Loss Before Income Taxes

U.S. and foreign components of loss before income taxes were as follows (in thousands):

 

   2025   2024 
United States   4,905    788 
UK   430    205 
    5,335    993 
Schedule of Income Tax Expense Components

The income tax expense components for the years ended December 31 is as follows (in thousands):

 

   2025   2024 
Current tax expense/(benefit)        
Federal  $            -   $            - 
Foreign   -    - 
State   1    1 
Deferred tax expense/(benefit)          
Federal   -    - 
Foreign   -    - 
State   -    - 
Total tax expense/(benefit)  $1   $1 
Schedule of Components of Net Deferred Tax Assets and Liabilities

The components of the net deferred tax assets and liabilities at December 31, is as follows (in thousands):

 

    2025     2024  
Deferred tax assets:            
Intangibles   $ 454     $ 729  
Accrued expenses     23       16  
Lease liability     65       91  
Net operating loss     6,876       5,608  
Returns allowance     28       30  
Stock compensation     292      
-
  
Total net deferred tax assets     7,738       6,474  
Valuation allowance     (7,669 )     (6,374 )
Deferred tax liabilities:                
Depreciation     (5 )     (10 )
ROU asset     (64 )     (90 )
Total net deferred tax liabilities     (69 )     (100 )
Net deferred tax asset/(liability)   $
-
     $
-
  
Schedule of Reconciliation of Company’s provision for income Taxes

A reconciliation of the Company’s provision for income taxes at the federal statutory rate to the reported income tax provision for the years ended December 31 is as follows (in thousands):

 

   2025   2024 
                 
Income before taxes at federal statutory tax rate  $(1,120)   21%  $(195)   21%
State and local income taxes, net of federal benefit   1    (1)%   1    -%
Tax impact of foreign operations   (17)   
-
%   (16)   2%
Change in valuation allowance   1,143    (21)%   184    20%
Non-taxable or deductible share-based payment awards   44    1%   23    (3)%
Non-taxable or deductible other   7    
-
%   3    
-
%
Other   (57)   1%   1    (3)%
Income tax expense (benefit)  $1    
-
%  $1    
-
%