v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities:    
Net loss $ (8,452) $ (1,529)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 50 59
Interest expense 1 1
Stock based compensation 885 55
Gain on insurance settlement (27) 0
Changes in operating assets and liabilities:    
Accounts receivable (32) 313
Allowance for credit losses 6 12
Contract assets (252) (57)
Other current assets 99 44
Other non current assets 61 0
Account payable 103 198
Contract liabilities (150) 0
Accrued expenses (484) (125)
Other current liabilities 146 410
Operating lease right-of-use assets and lease liabilities 2 1
Net cash used in operating activities (8,044) (618)
Cash Flows from Investing Activities:    
Purchases of property, plant and equipment (74) (31)
Proceeds from insurance on disposal of fixed asset 27 0
Net cash used in investing activities (47) (31)
Cash Flows from Financing Activities:    
Payment of finance lease liability (1) (2)
Proceeds from exercise of stock options 4 394
Net cash provided by financing activities 3 392
Net change in cash and cash equivalents (8,088) (257)
Effect of exchange rate on cash and cash equivalents 33 (40)
Cash and cash equivalents:    
Beginning of period 27,434 2,149
End of period $ 19,379 $ 1,852