v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 18,009 $ 2,076
Restricted cash 531 589
Prepaid expenses and other current assets 1,702 779
Deferred tax asset, current 2,289 2,368
Total current assets 22,531 5,812
Deferred offering costs 0 80
Property and equipment, net 374 417
Operating lease right-of-use asset, net 703 826
Intangible assets, net 12,264 10,507
Deferred tax asset, non-current 794 817
Other assets 75 60
Total assets 36,741 18,519
Current liabilities    
Accrued expenses 1,897 3,373
Player liabilities 778 816
Operating lease obligation, current 163 166
Total current liabilities 5,441 7,152
Other liabilities 1,148 1,084
Operating lease obligation, non-current 525 641
Total liabilities 7,114 8,877
Stockholders’ equity    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued and outstanding as of June 30, 2026 and December 31, 2025 0 0
Common stock, $0.001 par value; 60,000,000 shares authorized; 10,998,049 shares and 8,485,405 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 11 8
Additional paid-in capital 58,413 32,930
Accumulated deficit (29,635) (24,299)
Accumulated other comprehensive income 838 1,003
Total stockholders’ equity 29,627 9,642
Total liabilities and stockholders’ equity 36,741 18,519
Related Party [Member]    
Current liabilities    
Accounts payable 2,232 1,993
Nonrelated Party [Member]    
Current liabilities    
Accounts payable $ 371 $ 804