v3.26.1
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Temporary Equity [Member]
Convertible Preferred Stock [Member]
Balance at Dec. 31, 2023 $ 3 $ 1 $ 103,292 $ 76 $ (117,053) $ (13,681)
Balance, shares at Dec. 31, 2023 22,459,576 2,923,915        
Stock based compensation related to options granted to employees and non-employees 961 961
Exercise of options and vesting of early exercise    
Exercise of options and vesting of early exercise, shares   39,780          
Issuance of Series B preferred stock   3,000 3,000
Issuance of Series B preferred stock, shares 2,050,896            
Issuance of Series CF preferred stock   4,256 4,256  
Issuance of Series CF preferred stock, shares 2,049,794            
Foreign currency translation adjustments, net of tax (32) (32)
Net income (loss) (11,017) (11,017)
Balance at Dec. 31, 2024 $ 3 $ 1 111,509 44 (128,070) (16,513)
Balance, shares at Dec. 31, 2024 26,560,266 2,963,695        
Stock based compensation related to options granted to employees and non-employees 82 82
Exercise of options and vesting of early exercise      
Exercise of options and vesting of early exercise, shares   609          
Issuance of Series CF preferred stock   2,476 2,476
Issuance of Series CF preferred stock, shares 1,033,601            
Foreign currency translation adjustments, net of tax (17) (17)
Net income (loss) (2,162) (2,162)
Balance at Mar. 31, 2025 $ 3 $ 1 114,067 27 (130,232) (16,134)
Balance, shares at Mar. 31, 2025 27,593,867 2,964,304        
Balance at Dec. 31, 2024 $ 3 $ 1 111,509 44 (128,070) (16,513)
Balance, shares at Dec. 31, 2024 26,560,266 2,963,695        
Stock based compensation related to options granted to employees and non-employees 615 615
Exercise of options and vesting of early exercise      
Exercise of options and vesting of early exercise, shares   891          
Issuance of Series CF preferred stock 2,753 2,753
Issuance of Series CF preferred stock, shares 1,318,671            
Foreign currency translation adjustments, net of tax (114) (114)
Net income (loss) (10,549) (10,549)
Issuance of common shares for service   533 533
Issuance of common shares for service, shares   229,650          
Issuance of Series C convertible preferred stock- net of issuance costs $ 2,746
Issuance of Series C convertible preferred stock- net of issuance costs, shares             329,671
Issuance of Series D convertible preferred stock- net of issuance costs $ 1,815
Issuance of Series D convertible preferred stock- net of issuance costs, shares             225,276
Issuance of Series F preferred stock    
Issuance of Series F preferred stock, shares 10,000 (3,334)          
Issuance of Series CF-2 Preferred Stock 762 762
Issuance of Series CF-2 Preferred Stock, shares 212,033            
Issuance of Series E Preferred Stock $ 6,828
Issuance of Series E Preferred Stock, shares             682,770
Conversion of B-2 Preferred Stock into Common Stock $ (1)   (1)  
Conversion of B-2 Preferred Stock into Common Stock, shares (7,025,651) 7,025,651          
Conversion of CF-1 and CF2 Preferred Stock into Common Stock non-voting      
Issuance of Series CF-1 preferred stock, shares (3,580,499) 3,580,499          
Common Stock Dividend   384 (384)  
Common Stock Dividend, shares   99,348          
Cash Dividend (149) (149)  
Balance at Dec. 31, 2025 $ 2 $ 1 116,556 (70) (139,152) (22,663) $ 11,389
Balance, shares at Dec. 31, 2025 17,494,820 13,896,400         1,237,717
Stock based compensation related to options granted to employees and non-employees 203 203
Exercise of options and vesting of early exercise [1]  
Exercise of options and vesting of early exercise, shares   96          
Foreign currency translation adjustments, net of tax (27) (27)
Net income (loss) (6,703) (6,703)
Issuance of common shares for service   2,035 2,035
Issuance of common shares for service, shares   161,963          
Issuance of Series D convertible preferred stock- net of issuance costs $ 2,679
Issuance of Series D convertible preferred stock- net of issuance costs, shares             324,175
Conversion of B-2 Preferred Stock into Common Stock      
Conversion of B-2 Preferred Stock into Common Stock, shares (607,775) 607,775          
Common Stock Dividend   85 (85)  
Common Stock Dividend, shares   22,109          
Cash Dividend (136) (136)
Issuance of common shares related to direct listing      
Issuance of common shares related to direct listing, shares   418,219          
Exercise of Common Warrants to Common Stock   20 20
Exercise of Common Warrants to Common Stock, shares   4,479          
Conversion of Series E Preferred Stock into Common Stock $ 1 6,828 6,829 $ (6,828)
Conversion of Series E Preferred Stock into Common Stock, shares   1,477,857         (682,770)
Exercise of Series D Common Warrants into Common Stock - net of issuance costs   93 93
Exercise of Series D Common Warrants into Common Stock - net of issuance costs, shares   8,098          
Conversion of Series D Convertible Preferred Stock into Common Stock   196 196 $ (196)
Conversion of Series D Convertible Preferred Stock into Common Stock, shares   19,433         (24,000)
Exercise of Series C Common Warrants into Common Stock - net of issuance costs   3,121 3,121
Exercise of Series C Common Warrants into Common Stock - net of issuance costs, shares   1,033,335          
Conversion of Series C Convertible Preferred Stock into Common Stock   2,309 2,309 $ (2,309)
Conversion of Series C Convertible Preferred Stock into Common Stock, shares   1,367,742         (277,171)
Conversion of B-3 Preferred Stock into Common Stock      
Conversion of B-3 Preferred Stock into Common Stock, shares (2,057,103) 2,057,102          
Direct Listing Costs (250) (250)
Balance at Mar. 31, 2026 $ 2 $ 2 $ 131,196 $ (97) $ (146,076) $ (14,973) $ 4,735
Balance, shares at Mar. 31, 2026 14,829,942 21,074,608         577,951
[1] )Represents less than $1