v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalent $ 4,202 $ 831
Restricted cash 2,700 7,260
Accounts receivable, net 2,928 2,288
Inventory 80 80
Prepaid and other current assets, net 585 410
Total current assets 10,495 10,869
Non-current assets:    
Property and equipment, net 1,961 1,984
Intangible assets, net 1,629 1,662
Other non-current assets, net 924 969
Operating lease right-of-use asset 5,055 5,312
Total non-current assets 9,569 9,927
Total assets 20,064 20,796
Current liabilities:    
Short-term borrowings 500 500
Accounts payable 837 1,609
Accrued and other liabilities 1,331 1,542
Income taxes payable, current 1 1
Operating lease liability, current 1,481 1,285
Total current liabilities 4,150 4,937
Non-current liabilities:    
Long-term borrowings 2,700 2,700
Other non-current liabilities 44 167
Operating lease liability, non-current 4,464 4,742
Total non-current liabilities 7,208 7,609
Total liabilities 11,358 12,546
Commitments and contingencies
EQUITY    
Additional paid-in capital 517,217 517,185
Accumulated deficit (508,542) (508,966)
Accumulated other comprehensive loss (128) (128)
Total equity 8,706 8,250
Total liabilities and equity 20,064 20,796
Class A Ordinary Shares    
EQUITY    
Ordinary shares, value 146 146
Class C Ordinary Shares    
EQUITY    
Ordinary shares, value $ 13 $ 13