v3.26.1
Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
REVENUE $ 514 $ 299 $ 999 $ 342
COST OF GOODS SOLD 261 25 525 25
GROSS PROFIT 253 274 474 317
OPERATING EXPENSES:        
Research and development expenses 525 336 949 648
Selling and marketing expenses 180 199 321 407
General and administration expenses 1,522 1,373 3,188 2,961
TOTAL OPERATING EXPENSES 2,227 1,908 4,458 4,016
OPERATING LOSS (1,974) (1,634) (3,984) (3,699)
OTHER INCOME (EXPENSE)        
Interest and bank fees (6) (15) (13) (143)
Interest income 41 30 55 30
Unrealized gain (loss) on foreign exchange 0 (7) (1) (4)
Change in derivative fair value 0 0 0 (9,369)
Loss on settlement 0 0 0 (1,353)
Other income (expense), net (45) (203) (45) (221)
TOTAL OTHER INCOME (EXPENSE) (10) (195) (4) (11,060)
LOSS BEFORE INCOME TAX (1,984) (1,829) (3,988) (14,759)
Income tax provision 0 4 0 4
NET LOSS AND COMPREHENSIVE LOSS (1,984) (1,833) (3,988) (14,763)
Deemed dividend on warrant inducement 0 0 90 4,410
NET LOSS AND COMPREHENSIVE LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (1,984) $ (1,833) $ (4,078) $ (19,173)
BASIC AND DILUTED LOSS PER SHARE (in dollars per share) $ (0.1) $ (0.14) $ (0.23) $ (1.69)
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING, BASIC AND DILUTED (in shares) 20,578,488 12,668,550 17,687,001 11,320,232