v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 3,590,000 $ 4,140,000
Accounts and other receivables, net of allowance for credit losses of $11.0 and $2.4 respectively 329,000 178,000
Prepaid expenses and other current assets 854,000 507,000
Inventories 2,252,000 825,000
Total current assets 7,025,000 5,650,000
Inventories 219,000
Property and equipment, net 434,000 476,000
Intangible assets, net 125,000 142,000
Goodwill 302,000 302,000
Operating lease right of use asset 2,297,000 2,458,000
Other long-term assets 247,000 259,000
Total assets 10,430,000 9,506,000
Current liabilities:    
Accounts payable 934,000 382,000
Accrued liabilities 1,157,000 422,000
Debt 102,000 7,000
Derivative liabilities 345,000 827,000
Current portion of operating lease liability 426,000 398,000
Other current liabilities 13,000 1,697,000
Total current liabilities 2,977,000 3,733,000
Operating lease liability, net of current portion 2,623,000 2,844,000
Total liabilities 5,600,000 6,577,000
Commitments and contingencies
Common stock, $0.01 par value, 250,000,000 shares authorized; 6,663,489 and 4,021,293 shares issued and 6,613,065 and 3,970,869 outstanding as of June 30, 2026 and December 31, 2025, respectively. 67,000 40,000
Treasury Stock, 50,424 shares as of June 30, 2026 and December 31, 2025. (133,000) (133,000)
Additional paid-in capital 302,525,000 295,124,000
Accumulated deficit (297,629,000) (292,102,000)
Total stockholders’ equity 4,830,000 2,929,000
Total liabilities and stockholders’ equity 10,430,000 9,506,000
Series B Convertible Preferred Stock [Member]    
Current liabilities:    
Convertible preferred stock, value
Series C Convertible Preferred Stock [Member]    
Current liabilities:    
Convertible preferred stock, value
Series D Convertible Preferred Stock [Member]    
Current liabilities:    
Convertible preferred stock, value