v3.26.1
Condensed Consolidated Statements of Changes in Mezzanine Equity and Stockholders’ Equity (Deficit) (Unaudited) - USD ($)
$ in Thousands
Mezzanine Equity
Preferred Stock
Series A
Common Stock
Class A
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Total
Balance at Dec. 31, 2024   $ 2 $ 266,013 $ (284,734) $ (123) $ (18,842)
Balance (in Shares) at Dec. 31, 2024   4,126,667 21,326,609        
Dividends on the Series A Preferred Stock   (1,238) (1,238)
Stock-based compensation   160 160
Issuance of warrants associated with Term Loans   688 688
Foreign currency translation adjustment   6 6
Net loss   (4,998) (4,998)
Balance at Mar. 31, 2025   $ 2 266,861 (290,970) (117) (24,224)
Balance (in Shares) at Mar. 31, 2025   4,126,667 21,326,609        
Balance at Dec. 31, 2024   $ 2 266,013 (284,734) (123) (18,842)
Balance (in Shares) at Dec. 31, 2024   4,126,667 21,326,609        
Foreign currency translation adjustment             4
Net loss             (10,688)
Balance at Jun. 30, 2025   $ 2 268,170 (297,912) (119) (29,859)
Balance (in Shares) at Jun. 30, 2025   4,126,667 21,520,932        
Balance at Mar. 31, 2025   $ 2 266,861 (290,970) (117) (24,224)
Balance (in Shares) at Mar. 31, 2025   4,126,667 21,326,609        
Dividends on the Series A Preferred Stock   (1,252) (1,252)
Stock-based compensation   146 146
Issuance of Common Stock under employee stock purchase plan     77 77
Issuance of Common Stock under employee stock purchase plan (in Shares)     59,552        
Issuance of warrants associated with Term Loans   882 882
Stock Issued During Period, Value, Other     204 204
Stock Issued During Period, Other (in Shares)     134,771        
Foreign currency translation adjustment   (2) (2)
Net loss   (5,690) (5,690)
Balance at Jun. 30, 2025   $ 2 268,170 (297,912) (119) (29,859)
Balance (in Shares) at Jun. 30, 2025   4,126,667 21,520,932        
Balance at Dec. 31, 2025 $ 391 $ 3 301,355 (313,396) (120) (12,158)
Balance (in Shares) at Dec. 31, 2025 368,694 4,126,667 28,934,960        
Dividends on the Series A Preferred Stock (1,350) (1,350)
Stock-based compensation 239 239
Net proceeds from issuance of Class A Common Stock, Issued Pre-Funded Warrants, and Series A Warrants in February 2026 Offering $ 5 27,777 27,782
Net proceeds from issuance of Class A Common Stock, Issued Pre-Funded Warrants, and Series A Warrants in February 2026 Offering (in Shares)     47,946,150        
Foreign currency translation adjustment   (1) (1)
Net loss (4,351) (4,351)
Balance at Mar. 31, 2026 $ 391 $ 8 329,371 (319,097) (121) 10,161
Balance (in Shares) at Mar. 31, 2026 368,694 4,126,667 76,881,110        
Balance at Dec. 31, 2025 $ 391 $ 3 301,355 (313,396) (120) (12,158)
Balance (in Shares) at Dec. 31, 2025 368,694 4,126,667 28,934,960        
Foreign currency translation adjustment             (2)
Net loss             (10,333)
Balance at Jun. 30, 2026 $ 391 $ 8 329,786 (326,369) (122) 3,303
Balance (in Shares) at Jun. 30, 2026 368,694 4,126,667 77,194,595        
Balance at Mar. 31, 2026 $ 391 $ 8 329,371 (319,097) (121) 10,161
Balance (in Shares) at Mar. 31, 2026 368,694 4,126,667 76,881,110        
Dividends on the Series A Preferred Stock (1,290) (1,290)
Stock-based compensation 214 214
Issuance of Common Stock under employee stock purchase plan   104 104
Issuance of Common Stock under employee stock purchase plan (in Shares)     173,485        
Issuance of Common Stock for services     97 97
Issuance of Common Stock for services (in Shares)     140,000        
Foreign currency translation adjustment (1) (1)
Net loss (5,982) (5,982)
Balance at Jun. 30, 2026 $ 391 $ 8 $ 329,786 $ (326,369) $ (122) $ 3,303
Balance (in Shares) at Jun. 30, 2026 368,694 4,126,667 77,194,595