v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 5,833 $ 1,631
Restricted cash 100
Accounts receivables, net 439 635
Prepaid expenses and other current assets 2,062 2,759
Total Current Assets 9,234 10,425
Non-current Assets:    
Property and equipment, net 150 172
Operating lease right-of-use assets, net 84 455
Other assets 914
Total Non-current Assets 234 1,541
Total Assets 9,468 11,966
Current Liabilities:    
Trade accounts payable 698 284
Other payable and accrued expenses 1,689 1,900
Deferred revenue 153 430
Current portion of operating lease liabilities 95 80
Other liabilities 3
Total Current Liabilities 3,068 7,265
Non-current Liabilities:    
Non-current operating lease liabilities 422
Total Non-current Liabilities 422
Total Liabilities 3,068 7,687
Commitments and Contingencies (Note 7)  
Stockholders’ Equity:    
Preferred stock; $0.0001 par value – 1,000,000 shares authorized as of June 30, 2026 and December 31, 2025; no shares issued or outstanding as of June 30, 2026 and December 31, 2025
Common stock, $0.0001 par value – 250,000,000 shares authorized as of June 30, 2026 and December 31, 2025; 11,977,443 and 3,977,443 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 1 [1]
Additional paid-in capital 33,718 25,710
Accumulated deficit (27,319) (21,431)
Total Stockholders’ Equity 6,400 4,279
Total Liabilities & Stockholders’ Equity 9,468 11,966
Related Party [Member]    
Current Assets:    
Receivable due from related party 800 5,400
Current Liabilities:    
Short-term loans - Related party $ 430 $ 4,571
[1] Less than $1,000