v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 3,922 $ 1,085
Accounts receivable 1,545 1,493
Inventories, net 1,742 1,910
Other current assets 690 698
Total current assets 7,899 5,186
Property, plant and equipment, net 347 368
Operating lease right-of-use asset 179 293
Intangible assets, net 102 0
Other assets 599 271
TOTAL ASSETS 9,126 6,118
Current liabilities    
Accounts payable and accrued liabilities 2,896 2,226
Accrued compensation 731 460
Current portion of operating lease liability 200 261
Deferred consideration from Rendiatech acquisition, current 113 0
Other current liabilities 68 85
Total current liabilities 4,008 3,032
Deferred consideration from Rendiatech acquisition, non-current 200 0
Warrant liabilities 6,963 389
Operating lease liability 0 67
Total liabilities 11,171 3,488
Commitments and contingencies
Mezzanine Equity    
Series J Convertible Preferred Stock as of June 30, 2026 and December 31, 2025, par value $0.0001 per share; authorized 600,000 shares, issued and outstanding 159 and 137, respectively 10 6
Stockholders’ equity (deficit)    
Preferred stock 0 0
Common stock as of June 30, 2026 and December 31, 2025, par value $0.0001 per share; authorized 100,000,000 shares, issued and outstanding 574,455 and 48,178, respectively 0 0
Additional paid‑in capital 323,618 318,928
Accumulated other comprehensive income:    
Foreign currency translation adjustment 8 8
Accumulated deficit (325,681) (316,312)
Total stockholders’ equity (deficit) (2,055) 2,624
TOTAL LIABILITIES, CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY (DEFICIT) 9,126 6,118
Series A Junior Participating Preferred Stock [Member]    
Stockholders’ equity (deficit)    
Preferred stock 0 0
Series F Convertible Preferred Stock [Member]    
Stockholders’ equity (deficit)    
Preferred stock 0 0
Series F-1 Convertible Preferred Stock [Member]    
Stockholders’ equity (deficit)    
Preferred stock $ 0 $ 0