v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash $ 1,096 $ 1,064
Trade accounts receivable, less allowances of $184 and $33, respectively 2,563 526
Inventories, net 2,771 2,930
Prepayments to vendors 693 3
Prepaid and other current assets 274 126
Total current assets 7,397 4,649
Property and equipment, net 81 97
Operating lease, right-of-use asset 143 207
Advance for investment in joint venture 522 156
Total assets 8,143 5,109
Current liabilities:    
Accrued liabilities 158 56
Accrued legal and professional fees 72 44
Accrued payroll and related benefits 64 47
Accrued sales commissions 1 1
Accrued warranty reserve 63 91
Operating lease liabilities 151 139
Short-term borrowings 911 0
Total current liabilities 4,801 922
Operating lease liabilities, net of current portion 0 78
Total liabilities 4,801 1,000
STOCKHOLDERS' EQUITY    
Preferred stock, par value $0.0001 per share: Authorized: 5,000,000 shares (3,300,000 designated as Series A Convertible Preferred Stock) at June 30, 2026 and December 31, 2025 Issued and outstanding: 876,447 at June 30, 2026 and December 31, 2025 0 0
Common stock, par value $0.0001 per share: Authorized: 50,000,000 shares at June 30, 2026 and December 31, 2025 Issued and outstanding: 6,369,222 at June 30, 2026 and 6,306,433 at December 31, 2025 1 1
Additional paid-in capital 160,285 160,035
Accumulated other comprehensive loss (3) (3)
Accumulated deficit (156,941) (155,924)
Total stockholders' equity 3,342 4,109
Total liabilities and stockholders' equity 8,143 5,109
Nonrelated Party    
Current assets:    
Trade accounts receivable, less allowances of $184 and $33, respectively 2,563 526
Current liabilities:    
Accounts payable 181 158
Related Party    
Current liabilities:    
Accounts payable $ 3,200 $ 386