v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 22,451 $ 2,076
Restricted cash 626 589
Prepaid expenses and other current assets 1,172 779
Deferred tax asset, current 2,298 2,368
Total current assets 26,547 5,812
Deferred offering costs 0 80
Property and equipment, net 392 417
Operating lease right-of-use asset, net 755 826
Intangible assets, net 10,717 10,507
Deferred tax asset, non-current 796 817
Other assets 76 60
Total assets 39,283 18,519
Current liabilities    
Accrued expenses 2,686 3,373
Player liabilities 793 816
Operating leases obligation, current 225 166
Total current liabilities 6,111 7,152
Other liabilities 1,101 1,084
Operating lease obligation, noncurrent 573 641
Total liabilities 7,785 8,877
Stockholders’ equity    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued and outstanding as of March 31, 2026 and December 31, 2025 0 0
Common stock, $0.001 par value; 60,000,000 shares authorized; 10,943,070 shares and 8,485,404 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 11 8
Additional paid-in capital 57,960 32,930
Accumulated deficit (27,265) (24,299)
Accumulated other comprehensive income 792 1,003
Total stockholders’ equity 31,498 9,642
Total liabilities and stockholders’ equity 39,283 18,519
Related Party [Member]    
Current liabilities    
Accounts payable 1,912 1,993
Nonrelated Party [Member]    
Current liabilities    
Accounts payable $ 495 $ 804