v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 2,110 $ 2,029
Accounts receivable, net of allowance of $1,159 and $882, respectively 1,769 1,581
Prepaid expenses and other current assets 940 774
Total current assets 4,819 4,384
Long-term assets    
Goodwill 8,572 8,572
Property and equipment, net 3,526 3,757
Operating lease right-of-use asset 4,033 4,166
Intangible assets, net 3,839 4,045
Deposits and other 254 228
Total assets 25,043 25,152
Current liabilities    
Accounts payable 1,996 1,679
Accrued expenses 6,113 5,988
Current portion of contract liabilities 495 479
Current portion of operating lease liability 744 672
Current portion of financing lease liability 56 55
Current portion of debt 7,299 8,353
Other current liabilities 1,234 850
Total current liabilities 17,937 18,076
Long-term liabilities    
Employee retention credit liability 2,904 2,904
Operating lease liability, net of current portion 3,653 3,840
Financing lease liability, net of current portion 98 113
Debt, net of current portion 418 469
Other liabilities 1,300 1,300
Total liabilities 26,310 26,702
Commitments and contingencies (Note 13)
Stockholders’ equity/(deficit)    
Preferred Stock, $0.0001 par value per share. Authorized 50,000,000 shares; no shares issued and outstanding
Common Stock, $0.0001 par value per share. Authorized 200,000,000 shares; issued and outstanding 13,486,006 shares as of March 31, 2026 and 9,286,609 shares as December 31, 2025 1 1
Additional paid-in capital 131,900 123,866
Accumulated deficit (133,039) (125,357)
Total stockholders’ equity/(deficit) (1,138) (1,490)
Non-controlling interest 129 60
Total equity/(deficit) (1,267) (1,550)
Total liabilities and equity/(deficit) $ 25,043 $ 25,152