v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Cash flows from operating activities:      
Net loss $ (1,300,000) $ (3,231,000)  
Adjustments to reconcile net loss to net cash used in operating activities      
Depreciation expense 17,000 13,000  
Interest paid-in- kind on Centre Lane Senior Secured Credit Facility - related party 2,593,000 2,269,000  
Amortization of operating lease right-of-use assets 21,000 18,000  
Amortization of debt discount 460,000 633,000  
Amortization of intangible assets 445,000 485,000  
Stock-based compensation 21,000 37,000  
Common Stock Issued to Centre Lane Partners for Debt Modification 14,000 0  
Provison for credit losses 39,000 11,000  
Changes in operating assets and liabilities:      
Accounts receivable 839,000 762,000  
Prepaid expenses and other assets 288,000 (459,000)  
Operating lease liabilities (11,000) (18,000)  
Accounts payable and accrued expenses (4,510,000) (3,942,000)  
Other liabilities (665,000) (543,000)  
Deferred revenue 1,565,000 3,495,000  
Net cash used in operating activities (196,000) (350,000)  
Cash flows from investing activities:      
Purchase of property and equipment 0 (10,000)  
Net cash used in investing activities 0 (10,000)  
Cash flows from financing activities:      
Proceeds from stock option exercises 0 1,000  
Principal payments on finance lease obligations (6,000) (5,000)  
Repayment of principal on Centre Lane Senior Secured Credit Facility – related party (575,000) 0 $ (2,292,000)
Net cash used in financing activities (581,000) (4,000)  
Effect of foreign exchange rates on cash 0 (1,000)  
Net decrease in cash, cash equivalents, and restricted cash (777,000) (365,000)  
Cash, cash equivalents, and restricted cash at the beginning of the period 3,232,000 4,407,000 4,407,000
Cash, cash equivalents, and restricted cash at the end of the period 2,455,000 4,042,000 3,232,000
Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets:      
Cash and cash equivalents 594,000 2,181,000 1,371,000
Restricted cash 1,861,000 1,861,000 1,861,000
Total cash, cash equivalents, and restricted cash 2,455,000 4,042,000 $ 3,232,000
Supplemental disclosure of cash flow information:      
Cash paid for interest 59,000 0  
Interest paid-in-kind on Centre Lane Senior Secured Credit Facility - related party 2,593,000 2,269,000  
Supplemental disclosure of non-cash investing and financing activities:      
Common stock issued to Centre Lane Partners for debt modification 14,000 0  
Centre Lane Senior Secured Credit Facility      
Changes in operating assets and liabilities:      
Interest payable $ (12,000) $ 120,000