v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 441 $ 88
Accounts receivable, net 261 155
Inventories 62 86
Prepaid expenses and other current assets 485 61
Total current assets 1,249 390
Property and equipment, net 129 64
Operating lease right-of-use assets, net 1,631 162
Other non-current assets 56 8
Intangible assets, net 22,295 15,236
Goodwill 9,725 0
TOTAL ASSETS 35,085 15,860
Current Liabilities    
Accounts payable 1,079 1,492
Accrued expenses 2,325 1,697
Deferred revenue 126 0
Short-term notes payable, net of discount 6,540 0
Convertible notes payable, at fair value 298 298
Deferred consideration 8,151 0
Current portion of operating lease liabilities 901 63
Total current liabilities 19,738 3,907
Royalties payable due to related parties 792 792
Operating lease liabilities 732 101
Deferred tax liability 1,452 1,331
Total liabilities 25,928 9,209
Commitments and Contingencies (see Note 17)
Stockholders' Equity    
Common stock, $0.0001 par value, 500,000,000 shares authorized; 2,692,473 and 1,738,955 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 0 0
Additional paid-in capital 320,785 316,589
Accumulated deficit (311,216) (309,535)
Total stockholders' equity attributable to Catheter Precision, Inc. 9,569 7,054
Non-controlling interest (412) (403)
Total stockholders' equity 9,157 6,651
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 35,085 15,860
Series B Preferred Stock [Member]    
Stockholders' Equity    
Preferred Stock 0 0
Series C1 Convertible Preferred Stock [Member]    
Stockholders' Equity    
Preferred Stock 0 0
Series J Preferred Stock [Member]    
Stockholders' Equity    
Preferred Stock 0 0
Series X Preferred Stock [Member]    
Stockholders' Equity    
Preferred Stock 0 0
Related Party [Member]    
Current Liabilities    
Short-term notes payable of variable interest entities due to related parties 309 306
Current portion of royalties payable due to related parties 9 51
Notes payable of variable interest entities, net of discount 1,788 1,748
Variable Interest Entities [Member]    
Current Liabilities    
Notes payable of variable interest entities, net of discount 1,363 1,330
Nonrelated Party [Member]    
Current Liabilities    
Notes payable of variable interest entities, net of discount $ 63 $ 0