v3.26.1
Note 2 - Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2026
Notes Tables  
Segment Reporting [Table Text Block]
 

For the Three Months Ended March 31,

 
 

2026

 

2025

 
 

Cardiac Electrophysiology

 

Private Aviation

 

Total

 

Total

 

Revenues:

            

Product revenue

            

VIVO

$73 $ $73 $15 

LockeT

 175    175  128 

Total product revenues

 248    248  143 
             

Service revenue, net

            

Luxe

   42  42   

Hops

   142  142   

Total service revenues, net

   184  184   

Total revenues

 248  184  432  143 
             

Less:

            

Cost of revenues:

            

Cost of product revenue

 31    31  11 

Cost of service revenues

   11  11   

Total cost of revenues

 31  11  42  11 
             

Acquired in-process research and development expense

       119 

Depreciation and amortization expense

 367  37  404  531 

Stock-based compensation expense

 64    64  91 

Salaries and benefits expense

 810  5  815  1,314 

Professional fees

 514  142  656  727 

Research and development expense

 149    149  103 

Interest income

 (2)   (2) (18)

Interest expense

 103  16  119  49 

Change in fair value of royalties payable due to related parties

       1,163 

Change in fair value of minority equity interest

 2,302    2,302   

Change in fair value of deferred consideration

 (2,877)   (2,877)  

Income tax benefit

 (175)   (175) (724)

Other segment items (1)

 520  105  625  822 

Segment net loss

 (1,558) (132) (1,690) (4,045)
             

Reconciliation of net loss

            

Adjustments and reconciling items

        

Consolidated net loss

$(1,558)$(132)$(1,690)$(4,045)
Fair Value, by Balance Sheet Grouping [Table Text Block]
      

March 31, 2026

     
  

Total

  

Level 1

  

Level 2

  

Level 3

 

Assets:

                

Cash Equivalents

                

Mutual funds

 $339  $339  $  $ 

Money market funds

  66   66       

Total assets

 $405  $405  $  $ 
                 

Liabilities:

                

Royalties payable due to related parties

 $792  $  $  $792 

Deferred consideration

  8,151         8,151 

Convertible notes payable

  298         298 

Total liabilities

 $9,241  $  $  $9,241 

 

      

December 31, 2025

     
  

Total

  

Level 1

  

Level 2

  

Level 3

 

Assets:

                

Cash Equivalents

                

Money market funds

 $2  $2  $  $ 

Total assets

 $2  $2  $  $ 
                 

Liabilities:

                

Royalties payable due to related parties

 $792  $  $  $792 

Convertible notes payable

  298         298 

Total liabilities

 $1,090  $  $  $1,090 
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
  

Fair Value Measurements Using Significant Unobservable Inputs (Level 3)

 

Royalties Payable due to Related Parties

 

Deferred Consideration

  

Convertible Notes Payable

Balance at January 1, 2026

$

792

 $

 $

298

Fair value at issuance

 

  

11,028

  

Change in fair value

 

  

(2,877)

  

Balance at March 31, 2026

$

792

 $

8,151

 $

298

   

Fair Value Measurements Using Significant Unobservable Inputs (Level 3)

   

Royalties Payable due to
Related Parties

  

Deferred Consideration

  

Convertible Notes Payable

Balance at January 1, 2025

 $

9,213

 $

 $

 —

Change in fair value

  

1,163

  

  

Balance at March 31, 2025

 $

10,376

 $

 $

Schedule of Property, Plant and Equipment, Useful Life [Table Text Block]

Machinery and equipment

  2 - 5 years 

Computer hardware and software

  1 - 5 years 

LockeT animation video

  3 years 

VIVO DEMO/Clinical Systems

  1-5 years 
Disaggregation of Revenue [Table Text Block]
  

For the Three Months Ended March 31,

 
  

2026

 

2025

 

Revenue - Product

       

US

 $94 $135 

Europe

  154  8 

Total Revenue - Product

  248  143 
        

Revenue - Services

       

US

  184   

Europe

     

Total Revenue - Services

 $184 $ 
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]
  

For the Three Months Ended March 31,

 
  

2026

 

2025

 

Deferred revenue, beginning of period

 $ $ 

Deferred revenue assumed as part of acquisition (see Note 3)

  171   

Revenue recognized during the period related to amounts included in the deferred revenue assumed

  (92)  

Revenue deferred, net of revenue recognized during the period

  47   

Deferred revenue, end of period

 $126 $ 
Royalties Payable [Member]  
Notes Tables  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
      

Instrument

Valuation Technique

Unobservable Input

Input Range

 

Royalties payable due to related parties

Discounted future cash flows

Share price

 19.5%

Deferred consideration

If converted method

Discount for lack of marketability

 20%