v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (10,737) $ (8,079)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 55 92
Amortization of debt discount 45 199
Fair value of vested options 8 56
Fair value of vested restricted shares 94
Change in allowance for doubtful accounts 1,060 1,091
Inventory write-offs and change in reserve 830 1,661
Changes in operating assets and liabilities:    
Accounts receivable (1,850) (2,114)
Inventory 224 (6,728)
Prepaid expenses and other assets (480) (179)
Decrease in right of use assets 24 23
Accounts payable 2,718 1,637
Accrued expenses (35) 1,906
Deferred revenue 51
Lease liabilities (21) 25
Net cash used in operating activities (8,014) (10,410)
Cash flows from investing activities:    
Trademark costs (6)
Purchase of property and equipment (95)
Net cash used in investing activities (101)
Cash flows from financing activities:    
Proceeds from sale of common stock 3,000
Payment of cash recorded as debt discount (34)
Amounts from former related party, net (169)
Net cash provided by financing activities 2,797
Net decrease in cash (8,014) (7,714)
Cash at beginning of period 10,424 10,391
Cash at end of period 2,410 2,677
Supplemental disclosures of cash flow information:    
Cash paid for interest 372 400
Non-cash investing and financing activities:    
Reduction in property and equipment and accounts payable 15
Reclass SAFE agreement from accounts payable to equity 115
Dividends on Series A Convertible Preferred Stock $ 5