v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash $ 1,126 $ 1,064
Trade accounts receivable, less allowances of $17 and $33, respectively 487 526
Inventories, net 3,694 2,930
Prepayments to vendors 15 3
Prepaid and other current assets 211 126
Total current assets 5,533 4,649
Property and equipment, net 89 97
Operating lease, right-of-use asset 175 207
Advance for investment in joint venture 155 156
Total assets 5,952 5,109
Current liabilities:    
Accrued liabilities 136 56
Accrued legal and professional fees 71 44
Accrued payroll and related benefits 52 47
Accrued sales commissions 1 1
Accrued warranty reserve 62 91
Operating lease liabilities 145 139
Total current liabilities 1,943 922
Operating lease liabilities, net of current portion 40 78
Total liabilities 1,983 1,000
STOCKHOLDERS' EQUITY    
Preferred stock, par value $0.0001 per share: Authorized: 5,000,000 shares (3,300,000 designated as Series A Convertible Preferred Stock) at March 31, 2026 and December 31, 2025 Issued and outstanding: 876,447 at March 31, 2026 and December 31, 2025 0 0
Common stock, par value $0.0001 per share: Authorized: 50,000,000 shares at March 31, 2026 and December 31, 2025 Issued and outstanding: 6,303,433 at March 31, 2026 and 6,306,433 at December 31, 2025 1 1
Additional paid-in capital 160,035 160,035
Accumulated other comprehensive loss (3) (3)
Accumulated deficit (156,064) (155,924)
Total stockholders' equity 3,969 4,109
Total liabilities and stockholders' equity 5,952 5,109
Nonrelated Party    
Current assets:    
Trade accounts receivable, less allowances of $17 and $33, respectively 487 526
Current liabilities:    
Accounts payable 162 158
Related Party    
Current liabilities:    
Accounts payable $ 1,314 $ 386