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 $ (5,336) $ (994)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 115 110
Interest expense 1 1
Stock based compensation 473 112
Gain on debt extinguishment (74)
Changes in operating assets and liabilities:    
Accounts receivable, net 570 (499)
Allowance for credit losses (10)
Contract assets (164) 235
Other current assets (592) (49)
Long-term assets (140)
Accounts payable 939 25
Accrued payroll 255 (4)
Other current liabilities (126) (143)
Contract liabilities 150
Operating lease right-of-use assets and lease liabilities 8 5
Net cash used in operating activities (3,931) (1,201)
Cash Flows from Investing Activities:    
Purchases of property, plant and equipment (105)
Cash acquired in reverse acquisition 7
Net cash used in investing activities (98)
Cash Flows from Financing Activities:    
Payment of finance lease liability (3) (2)
Proceeds from Offering, net of Offering costs 28,847
Proceeds from issuance of Series A Prime Preferred Stock 609
Payment of share repurchase liability (81)
Proceeds from exercise of stock options 435
Net cash provided by financing activities 29,198 607
Net change in cash and cash equivalents 25,168 (594)
Effect of exchange rate on cash and cash equivalents 115 (18)
Cash and cash equivalents:    
Beginning of period 2,149 2,761
End of period 27,432 2,149
Supplemental schedule of non-cash investing and financing activities:    
Issuance of common stock in reverse acquisition $ 176