v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 5,750 $ 8,453
Accounts receivable, net 917 874
Inventory 287 304
Other current assets 482 186
Total current assets 7,436 9,817
Non-current assets:    
Fixed assets, net 339 305
TOTAL ASSETS 7,775 10,122
Current liabilities:    
Accounts payable 405 531
Accrued expenses 49 8
Deferred revenue 692 590
Derivative liability 1,392 1,321
Preferred Dividends Payable 133 83
Total current liabilities 2,671 2,533
TOTAL LIABILITIES 2,671 2,533
TEMPORARY EQUITY:    
Preferred Stock, $0.0001 par value; 150,000,000 shares authorized; 4,961 and 5,166 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 4,200 4,187
STOCKHOLDERS’ EQUITY:    
Common stock value   3
Additional paid-in capital 54,714 53,987
Accumulated deficit (53,808) (50,586)
Accumulated other comprehensive loss (5) (2)
TOTAL TEMPORARY EQUITY AND STOCKHOLDERS’ EQUITY 5,104 7,589
TOTAL LIABILITIES, TEMPORARY EQUITY, AND STOCKHOLDERS’ EQUITY 7,775 10,122
Common Class A [Member]    
STOCKHOLDERS’ EQUITY:    
Common stock value 3 3
Common Class B [Member]    
STOCKHOLDERS’ EQUITY:    
Common stock value $ 0 $ 0