| Schedule of Operating Segment |
The
following table presents selected financial information with respect to the Company’s single operating segment:
Schedule of Operating Segment
| (in thousands) | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
Three Months Ended
June 30, | | |
Six Months Ended
June 30, | |
| (in thousands) | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Revenues, net | |
$ | 12,003 | | |
$ | 9,030 | | |
$ | 22,087 | | |
$ | 17,617 | |
| | |
| | | |
| | | |
| | | |
| | |
| Operating expenses: | |
| | | |
| | | |
| | | |
| | |
| Cost of revenues | |
| 2,410 | | |
| 2,642 | | |
| 4,526 | | |
| 5,910 | |
| Direct sales | |
| 2,131 | | |
| 1,774 | | |
| 4,271 | | |
| 3,576 | |
| Sales support | |
| 2,267 | | |
| 2,100 | | |
| 4,816 | | |
| 4,196 | |
| General and administrative | |
| 4,397 | | |
| 6,464 | | |
| 9,732 | | |
| 11,011 | |
| Manufacturing related | |
| 135 | | |
| - | | |
| 629 | | |
| - | |
| Regulatory and product affairs | |
| 368 | | |
| - | | |
| 479 | | |
| - | |
| Patent remediation expense | |
| - | | |
| - | | |
| 392 | | |
| - | |
| Research and development | |
| 448 | | |
| 870 | | |
| 1,348 | | |
| 2,077 | |
| Other operating expenses | |
| 371 | | |
| 259 | | |
| 738 | | |
| 476 | |
| Total operating expenses | |
| 12,527 | | |
| 14,109 | | |
| 26,931 | | |
| 27,246 | |
| Loss from operations | |
| (524 | ) | |
| (5,079 | ) | |
| (4,844 | ) | |
| (9,629 | ) |
| Other income (expense), net | |
| (57 | ) | |
| (224 | ) | |
| (489 | ) | |
| 121 | |
| Income tax expense | |
| 23 | | |
| 21 | | |
| 23 | | |
| 19 | |
| Net loss | |
$ | (604 | ) | |
$ | (5,324 | ) | |
$ | (5,356 | ) | |
$ | (9,527 | ) |
|