v3.26.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
ASSETS:    
Cash and cash equivalents $ 10,299 $ 12,935
Accounts receivable, net of allowance for credit losses of $158 and $163, respectively 31,765 46,735
Prepaid expenses and other current assets 7,367 7,799
Total current assets 49,431 67,469
Non-current restricted cash 710 710
Property and equipment, net 128 104
Operating lease right-of-use assets 2,676 2,859
Intangible assets, net 16,704 17,276
Other non-current assets 2,622 715
Total assets 72,271 89,133
LIABILITIES AND SHAREHOLDERS' EQUITY:    
Accounts payable 7,483 7,200
Accrued expenses and other current liabilities 20,024 25,163
Deferred revenue 143 721
Short-term debt, net 23,456 30,846
Current portion of operating lease liability 1,104 1,104
Total current liabilities 52,210 65,034
Convertible Notes, at fair value with related parties 4,571 3,734
Operating lease liability, net 1,784 1,985
Other non-current liabilities 420 168
Total liabilities 58,985 70,921
Contingencies (Note 10)
Shareholders' equity:    
Preferred stock — $0.0001 par value, 10,000,000 Shares authorized; Shares outstanding — 0 shares for both periods 0 0
Common stock — $0.0005 par value, 200,000,000 Shares authorized; Shares issued — 30,584,307 and 30,404,779, respectively; and Shares outstanding — 29,815,712 and 29,636,184, respectively 54 53
Treasury stock, at cost — 768,595 and 768,595 Shares, respectively (11,407) (11,407)
Additional paid-in capital 467,955 467,528
Accumulated deficit (443,316) (437,962)
Total shareholders' equity 13,286 18,212
Total liabilities and shareholders' equity $ 72,271 $ 89,133