v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash $ 5,028 $ 1,884
Prepaid expenses and other current assets 783 404
Total current assets 5,894 3,133
Property and equipment, net 82 94
Right-of-use assets - operating leases, net 314 453
Goodwill 2,044
Other assets 25 110
Total assets 6,315 5,834
Current liabilities:    
Accounts payable 1,375 1,125
Accrued expenses 1,016 898
Income taxes payable 3
Operating lease liabilities, current 167 213
Due to related party 250 750
Contingent consideration liability 41
Other current liabilities 124 83
Total current liabilities 2,932 3,113
Operating lease liabilities, non-current 182 277
Other liabilities 1 43
Total liabilities 3,115 3,433
Stockholders’ equity:    
Preferred stock, $0.005 par value, 1,000 shares authorized, 156 designated and outstanding of Series A convertible preferred stock at June 30, 2026 and December 31, 2025, $156 liquidation preference 1 1
Common stock, $0.005 par value, 150,000 shares authorized at June 30, 2026 and December 31, 2025, 1,170 and 314 issued and outstanding at June 30, 2026 and December 31, 2025, respectively 6 2
Additional paid-in capital 258,352 248,034
Accumulated deficit (255,159) (245,636)
Total stockholders’ equity 3,200 2,401
Total liabilities and stockholders’ equity 6,315 5,834
Nonrelated Party [Member]    
Current assets:    
Due from related party 83 95
Related Party [Member]    
Current assets:    
Due from related party $ 750