v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (5,888) $ (7,620)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 22 297
Non-cash lease expenses 39 37
Non-cash interest expenses 86 149
Stock-based compensation 870 3,515
Loss on extinguishment of debt 1,345
Gain on lease modification (35)
Changes in operating assets and liabilities:    
Accounts receivables 196 282
Advance – related party (4,996)
Prepaid expenses and other assets 697 (63)
Other assets 914
Accounts payable 414 (217)
Other payable and accrued expenses 302 (221)
Deferred revenue (277) (50)
Other liabilities 3
Operating lease liabilities (39) (35)
Net cash used in operating activities (2,696) (7,577)
Cash flows from investing activity:    
Purchase of capitalized internal-use software (530)
Net cash used in investing activity (530)
Cash flows from financing activities:    
Proceeds from short-term loans - Related party 310 1,925
Repayments of short-term loans - Related party (450) (2,000)
Proceeds from issuance of shares 7,138 8,900
Payment for deferred offering costs (27)
Net cash provided by financing activities 6,998 8,798
Net change in cash, cash equivalents and restricted cash 4,302 691
Cash, cash equivalents and restricted cash at beginning of period 1,631 48
Cash, cash equivalents and restricted cash at end of period 5,933 739
Reconciliation of cash, cash equivalents and restricted cash    
Cash and cash equivalents 5,833 739
Restricted cash 100
Total cash, cash equivalents and restricted cash 5,933 739
Non-cash investing and financing activities:    
Settlement of debt through offsetting with receivable due from related party $ 4,600