v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash $ 9,177 $ 1,884
Prepaid expenses and other current assets 724 404
Total current assets 9,996 3,133
Property and equipment, net 88 94
Right-of-use assets - operating leases, net 349 453
Goodwill 2,044
Other assets 110 110
Total assets 10,543 5,834
Current liabilities:    
Accounts payable 1,300 1,125
Accrued expenses 1,481 898
Income taxes payable 4 3
Operating lease liabilities, current 163 213
Due to related party 250 750
Contingent consideration liability 41 41
Other current liabilities 218 83
Total current liabilities 3,457 3,113
Operating lease liabilities, non-current 226 277
Other liabilities 1 43
Total liabilities 3,684 3,433
Stockholders’ equity:    
Preferred stock, $0.005 par value, 1,000 shares authorized, 156 designated and outstanding of Series A convertible preferred stock at March 31, 2026 and December 31, 2025, $156 liquidation preference 1 1
Common stock, $0.005 par value, 150,000 shares authorized at March 31, 2026 and December 31, 2025, 1,166 and 314 issued and outstanding at March 31, 2026 and December 31, 2025, respectively 6 2
Additional paid-in capital 257,994 248,034
Accumulated deficit (251,142) (245,636)
Total stockholders’ equity 6,859 2,401
Total liabilities and stockholders’ equity 10,543 5,834
Nonrelated Party [Member]    
Current assets:    
Due from related party 95 95
Related Party [Member]    
Current assets:    
Due from related party $ 750