The following table reconciles cash and cash equivalents, and restricted cash in the condensed consolidated balance sheets to the totals shown on the unaudited condensed consolidated statements of cash flows as of March 31, 2026 and December 31, 2025:

	March 31,		December 31,
(in thousands)	2026		2025
Cash and cash equivalents	$	22,451	$	2,076
Restricted cash		626		589
Total cash and cash equivalents, and restricted cash	$	23,077	$	2,665

The following table presents cash and cash equivalents, and restricted cash held in accounts in each country (translated into USD) as of March 31, 2026 and December 31, 2025:

	March 31,		December 31,
(in thousands)	2026		2025
Cash and cash equivalents:
United States	$	20,012	$	31
Malta		1,818		1,118
Finland		157		182
Switzerland		131		91
Lithuania		60		221
United Kingdom		52		89
Other		220		344
Restricted cash
United Kingdom		260		255
Denmark		176		159
Malta		186		175
Other		5		—
Total cash and cash equivalents, and restricted cash	$	23,077	$	2,665