v3.26.1
FINANCIAL STATEMENT COMPONENTS (Tables)
 3 Months Ended
Mar. 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
SCHEDULE OF COMPONENTS OF INVENTORY

Inventory consists of the following (in thousands):

  

   March 31,   December 31, 
   2026   2025 
Raw materials  $2,098   $- 
Finished goods   1,930    745 
Total inventory   $4,028   $745 
SCHEDULE OF COMPONENTS OF PROPERTY AND EQUIPMENT

Property and equipment consists of the following (in thousands):

  

   March 31,   December 31, 
   2026   2025 
Production equipment  $6,140   $6,140 
Leasehold improvements   5,863    4,067 
Computer hardware and software/lab equipment   22,009    10,364 
Office furniture and equipment   6,223    5,575 
Property and equipment, gross    40,235    26,146 
Less: Accumulated depreciation   (22,935)   (21,866)
Property and equipment, net   $17,300   $4,280 
SUMMARY OF COMPONENTS OF INTANGIBLE ASSETS

The components of intangible assets were as follows (in thousands):

  

   Gross           Net   Weighted
Average		 
   Carrying   Accumulated   Impairment   Carrying   Remaining 
As of March 31, 2026  Amount   Amortization   Expense   Amount   Period (Years) 
Acquired technology  $16,028    2,366    -    13,662    4 
Total  $16,028   $2,366   $-   $13,662      

 

   Gross           Net   Weighted
Average		 
   Carrying   Accumulated   Impairment   Carrying   Remaining 
As of December 31, 2025  Amount   Amortization   Expense   Amount   Period (Years) 
Acquired technology  $16,027   $5,938   $10,057   $32    1 
Total  $16,027   $5,938   $10,057   $32      
SCHEDULE OF ESTIMATED FUTURE AMORTIZATION EXPENSE RELATED TO INTANGIBLE ASSETS

The following table outlines our estimated future amortization expense related to intangible assets held as of March 31, 2026 by line item on the condensed consolidated statement of operations (in thousands):

 

   Research and 
   Development 
Years Ended December 31,  Expense 
2026 (remainder of the year)  $929 
2027   1,459 
2028   1,458 
2029   1,457 
2030   1,457 
Thereafter   6,902 
Total  $13,662 
SCHEDULE OF ACCOUNTS PAYABLE

Accounts payable consists of the following (in thousands):

   

   March 31,   December 31, 
   2026   2025 
Software licenses  $1,091   $58 
Legal fees   1,000    74 
Purchased accounting services   923    - 
Inventory   490    543 
Audit fees   143    13 
Other   890    940 
Total accounts payable   $4,537   $1,628 
SCHEDULE OF ACCRUED LIABILITIES

Accrued liabilities consists of the following (in thousands):

   

   March 31,   December 31, 
   2026   2025 
Bonuses  $494   $445 
Payroll and payroll taxes   2,426    1,124 

Restructuring charges

   1,139    - 
Income taxes payable   -    21 
Accrued professional fees   223    366 
Liabilities to suppliers   48    117 
Adverse purchase commitment   2,862    3,158 
Other   350    195
Total accrued liabilities   $7,542   $5,426