v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Jul. 31, 2025
Dec. 31, 2024
Jul. 31, 2024
Parent Company [Member]          
Current assets:          
Cash and cash equivalents $ 24 $ 6 $ 3   $ 25
Prepaid expenses 2 4   9
Total current assets 26 6 7   34
Total assets 26 6 7   34
Current liabilities:          
Accounts payable 205 142 147   110
Current liabilities - discontinued operations 51 51 51   51
Total current liabilities 1,185 1,002 954   161
Total liabilities 1,185 1,002 954   759
Commitments and contingencies (Note 11)  
Stockholders’ deficit          
Series B Preferred Stock, par value $1.00 per share; 100 shares authorized, issued and outstanding; liquidation preference $10  
Common stock, par value $0.00001 per share: 19,841,878 shares authorized; 7,444,072 and 6,737,941 shares issued and outstanding at December 31, 2025 and 2024, respectively. 1,548 1,548 1,548   1,548
Additional paid-in capital 26,574 26,574 26,574   26,574
Accumulated deficit (29,281) (29,118) (29,069)   (28,847)
Total stockholders’ deficit (1,159) (996) (947)   (725)
Total liabilities, redeemable convertible preferred stock, and stockholders’ deficit 26 6 7   34
Parent Company [Member] | Related Party [Member]          
Current liabilities:          
Notes payable – related parties 720 620 595  
Accrued interest – related parties 209 189 161  
Notes payable – related parties 720 620   500
Accrued interest – related parties       $ 98
Gravitics Inc [Member]          
Current assets:          
Cash and cash equivalents 5,643 183   $ 863  
Unbilled revenues 30 30   226  
Prepaid expenses 177 448   225  
Total current assets 5,850 661   1,314  
Property and equipment, net 336 371   511  
Right-of-use assets 1,939 2,080   2,621  
Security deposit 500 500   500  
Total assets 8,625 3,612   4,946  
Current liabilities:          
Accounts payable 2,029 1,827   574  
Accrued expenses and other current liabilities 438 456   187  
Deferred revenues 1,302 161    
Short-term borrowings 337 373   300  
Convertible promissory notes, at fair value, current portion 5,739    
Current portion of lease liabilities 456 441   385  
Subscription liability 1,650    
Total current liabilities 4,562 10,647   1,446  
Warrant liabilities, at fair value 52 2,934   949  
SAFE liabilities, at fair value 10,109   7,673  
Lease liabilities, net of current portion 1,160 1,280   1,720  
Convertible promissory notes, at fair value, net of current portion     4,248  
Total liabilities 5,774 24,970   16,036  
Commitments and contingencies (Note 11)      
Stockholders’ deficit          
Common stock, par value $0.00001 per share: 19,841,878 shares authorized; 7,444,072 and 6,737,941 shares issued and outstanding at December 31, 2025 and 2024, respectively.    
Additional paid-in capital 17,047 5,410   3,979  
Accumulated deficit (61,833) (42,538)   (30,839)  
Total stockholders’ deficit (44,786) (37,128)   (26,860)  
Total liabilities, redeemable convertible preferred stock, and stockholders’ deficit 8,625 3,612   4,946  
Gravitics Inc [Member] | Series Seed Redeemable Convertible Preferred Stock [Member]          
Redeemable convertible preferred stock          
Series Seed redeemable convertible preferred stock, par value $0.00001 per share: 6,011,819 shares authorized; 4,185,420 issued and outstanding. (Liquidation value of $18,865) 15,770 15,770   $ 15,770  
Gravitics Inc [Member] | Series A Redeemable Convertible Preferred Stock [Member]          
Redeemable convertible preferred stock          
Series Seed redeemable convertible preferred stock, par value $0.00001 per share: 6,011,819 shares authorized; 4,185,420 issued and outstanding. (Liquidation value of $18,865) $ 31,867