v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 2,083 $ 1,085
Accounts receivable 1,559 1,493
Inventories, net 1,779 1,910
Other current assets 406 698
Total current assets 5,827 5,186
Property, plant and equipment, net 365 368
Operating lease right-of-use asset 237 293
Intangible assets, net 112 0
Other assets 420 271
TOTAL ASSETS 6,961 6,118
Current liabilities    
Accounts payable and accrued liabilities 2,429 2,226
Accrued compensation 852 460
Current portion of operating lease liability 265 261
Deferred consideration from Rendiatech acquisition, current 113 0
Other current liabilities 71 85
Total current liabilities 3,730 3,032
Deferred consideration from Rendiatech acquisition, non-current 200 0
Warrant liabilities 362 389
Operating lease liability 0 67
Total liabilities 4,292 3,488
Commitments and contingencies
Mezzanine Equity    
Series J Convertible Preferred Stock as of March 31, 2026 and December 31, 2025, par value $0.0001 per share; authorized 600,000 shares, issued and outstanding 147 and 137, respectively 8 6
Stockholders’ equity    
Preferred stock 0 0
Common stock as of March 31, 2026 and December 31, 2025, par value $0.0001 per share; authorized 100,000,000 shares, issued and outstanding 2,635,718 and 1,686,217, respectively 0 0
Additional paid‑in capital 323,506 318,928
Foreign currency translation adjustment 8 8
Accumulated deficit (320,853) (316,312)
Total stockholders’ equity 2,661 2,624
TOTAL LIABILITIES, CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY 6,961 6,118
Series A Junior Participating Preferred Stock [Member]    
Stockholders’ equity    
Preferred stock 0 0
Series F Convertible Preferred Stock [Member]    
Stockholders’ equity    
Preferred stock 0 0
Series F-1 Convertible Preferred Stock [Member]    
Stockholders’ equity    
Preferred stock $ 0 $ 0