v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 4,315 $ 7,625
Accounts receivable, net 8,367 2,070
Advances 3,826 3,826
Other current assets 2,387 3,456
Total current assets 18,895 16,977
Furniture and equipment, net 1,330 5
Other intangible assets, net 55,219 2,808
Goodwill 2,946 2,946
Operating lease right-of-use assets 1,166
Other non-current assets 204
Deferred tax asset 402
Total assets 80,162 22,736
Current liabilities    
Accounts payable 3,288 744
Short-term borrowing 9,088 10,737
Operating lease liabilities 454
Other current liabilities 8,163 1,311
Total current liabilities 20,993 12,792
Long term liabilities    
Long term debt 629
Operating long-term lease liabilities 700
Contingent consideration 5,000
Other long-term liabilities 143
Total current and long-term liabilities 27,465 12,792
Stockholders’ equity    
Preferred stock, value
Common stock, par value $0.00001; 2,000,000,000 authorized, 1,846,424 and 142,426 shares issued and outstanding as of March 31, 2026, and December 31, 2025, respectively 11 11
Non-controlling interest (61) (37)
Additional paid-in capital 76,651 45,534
Accumulated deficit (49,339) (42,999)
Total stockholders’ equity 52,697 9,944
Total liabilities and stockholders’ equity 80,162 22,736
Series A, Super Voting Preferred Stock    
Stockholders’ equity    
Preferred stock, value
Series B Convertible preferred stock    
Stockholders’ equity    
Preferred stock, value 7,435 7,435
Series C Convertible preferred stock    
Stockholders’ equity    
Preferred stock, value $ 18,000