v3.26.1
Nature of Business and Basis of Presentation (Tables)
3 Months Ended
Mar. 31, 2026
Nature of Business and Basis of Presentation [Abstract]  
Inventories
Inventories consisted of the following:
 
           
(in thousands)
 
March 31,
2026
   
December 31,
2025
 
Finished Goods  $285   $445 
Work in Process
  138    88 
Raw Materials
  1,449    1,457 
Inventory Reserves
  (93   (80
Total
 $1,779   $1,910 
Potential Shares of Common Stock not Included in Diluted Net Loss Per Share
The following table sets forth the potential shares of common stock that are not included in the calculation of diluted net loss per share because to do so would be anti-dilutive as of the end of each period presented:
 
           
   
March 31
 
   
2026
   
2025
 
Stock options
  34,446    81 
Warrants to purchase common stock
  4,815,296    126,787 
Series F convertible preferred stock
  10,719    1,642 
Series F-1 convertible preferred stock   13,498     
Series J convertible preferred stock
  87    2 
Total
  4,874,046    128,512 
Reconciliation of Reported Net Loss with Reported Net Loss Per Share
The following table reconciles reported net loss with reported net loss per share for each of the three months ended:
 
         
            
    Three months ended
March 31
 
    2026     2025  
(in thousands, except per share amounts)           
Net loss
 $ (4,541  $(3,014
Deemed dividend attributable to Series J Convertible Preferred Stock
   2    1 
Net loss attributable to common shareholders
 $ (4,539  $(3,013
Weighted average shares outstanding
   2,075    104 
Basic and diluted loss per share
 $ (2.19  $(28.93