v3.26.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 13,980 $ 15,394
Accounts receivable, net 1,181 1,267
Inventory 815 838
Prepaid expenses 494 821
Other current assets 1,322 1,133
Total current assets 17,792 19,453
Non-current assets:    
Property and equipment, net 198 258
Right-of-use assets 1,109 1,407
Other assets 337 287
Total Assets 19,436 21,405
Current liabilities:    
Accounts payable 1,725 3,010
Accrued expenses 1,708 2,341
Deferred revenue 21 154
Lease liabilities, short-term 776 734
Notes payable 3,859 2,854
Warrant liabilities 11,780 11,533
Total current liabilities 19,869 20,626
Notes payable, long-term 11,055 5,538
Lease liabilities, long-term 566 968
Total Liabilities 31,490 27,132
Commitments and contingencies (Note 7)
Stockholders’ Deficit    
Preferred stock ($0.0001 par value); 1,000,000 shares authorized; no shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively
Common stock ($0.0001 par value); 80,000,000 shares authorized; 32,184,928 and 30,688,895 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 3 3
Additional paid-in capital 51,302 50,030
Accumulated other comprehensive income 29 40
Accumulated deficit (63,388) (55,800)
Total Stockholders’ Deficit (12,054) (5,727)
Total Liabilities and Stockholders’ Deficit $ 19,436 $ 21,405