| Schedule of Significant Expense Categories Regularly Reviewed by the CODM |
The following table summarizes
the significant expense categories regularly reviewed by the CODM for the three months ended March 31, 2026 and 2025.
| | |
Three Months Ended | |
| | |
March 31, | |
| | |
2026 | | |
2025 | |
| Net revenues | |
$ | 39 | | |
$ | 46 | |
| Costs and operating expenses: | |
| | | |
| | |
| Cost of goods sold | |
| 313 | | |
| 226 | |
| Research and development | |
| 3,642 | | |
| 2,748 | |
| Sales and marketing | |
| 164 | | |
| 358 | |
| General and administrative | |
| 1,879 | | |
| 1,821 | |
| Total costs and operating expenses | |
| 5,998 | | |
| 5,153 | |
| Operating loss | |
| (5,959 | ) | |
| (5,107 | ) |
| Other income (expense): | |
| | | |
| | |
| Other segment items1 | |
| 1,602 | | |
| 615 | |
| Interest expense (related party) | |
| - | | |
| (495 | ) |
| Other income (expense), net | |
| 6 | | |
| (11 | ) |
| Total other income (expense), net | |
| 1,608 | | |
| 109 | |
| Net loss | |
$ | (4,351 | ) | |
$ | (4,998 | ) |
| (1) | Other segment items include the change in fair value of forward
purchase agreement warrant liability, loss on offering and change in fair value of private warrant liability and change in fair value
of publicly traded warrant liability. |
|
The following table summarizes
the significant expense categories regularly reviewed by the CODM for the years ended December 31, 2025 and 2024.
| | |
Year Ended | |
| | |
December 31, | |
| | |
2025 | | |
2024 | |
| Net revenues | |
$ | 241 | | |
$ | 225 | |
| Costs and operating expenses: | |
| | | |
| | |
| Cost of goods sold | |
| 874 | | |
| 742 | |
| Research and development | |
| 12,486 | | |
| 10,179 | |
| Sales and marketing | |
| 1,220 | | |
| 1,734 | |
| General and administrative | |
| 7,931 | | |
| 6,826 | |
| Total costs and operating expenses | |
| 22,511 | | |
| 19,481 | |
| Operating loss | |
| (22,270 | ) | |
| (19,256 | ) |
| Other income (expense): | |
| | | |
| | |
| Other segment items1 | |
| 127 | | |
| (697 | ) |
| Interest expense, related party | |
| (1,590 | ) | |
| (816 | ) |
| Other income (expense), net | |
| (23 | ) | |
| (26 | ) |
| Total other income (expense), net | |
| (1,486 | ) | |
| (1,539 | ) |
| Net loss | |
$ | (23,756 | ) | |
$ | (20,795 | ) |
| (1) | Other segment items include the change in fair value of forward purchase agreement put option liability, change in fair value of forward purchase agreement warrant liability, change in fair value of forward purchase agreement warrant liability due to extension, loss on offering and change in fair value of private warrant liability, and change in fair value of publicly traded warrant liability. |
|