v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets [Abstract]    
Cash and cash equivalents ($525 and $532 restricted cash, respectively) $ 3,092 $ 1,868
Accounts receivable ($4,254 and $2,533 related party, respectively) 5,585 3,714
Contract assets 1,111 3,264
Other current assets ($5,332 and $983 related party, respectively) 6,313 1,525
Total current assets 16,101 10,371
Investments and advances to equity method investments 42,654 50,717
Operating lease right-of-use assets 2,854 3,188
Property and equipment, net 885 1,022
Intangible assets, net 949 1,063
Other non-current assets 204 341
Total assets 63,647 66,702
Liabilities and Equity [Abstract]    
Accounts payable ($149 and $215 related party, respectively) 3,073 8,453
Accrued expenses and other current liabilities ($348 and $501 related party, respectively) 6,222 16,429
Contract liabilities 5,832 19
Operating lease liability, current 503 460
Short-term debt ($636 and $1,386 related party, respectively) 636 1,386
Long-term debt, current 8,274 1,769
Total current liabilities 24,540 28,516
Operating lease liability, net of current portion 1,638 1,900
Long-term debt, net of current portion ($7,563 and $5,024 related party, respectively) 7,563 12,465
Total liabilities 33,741 42,881
Commitments and contingencies - Note 7
Stockholders' equity    
Series B preferred stock ($0.0001 par value, 8,000,000 shares authorized; 7,086,960 and 6,715,721 issued and outstanding as of June 30, 2026 and December 31, 2025, respectively; Liquidation preference of $35.4 million and $33.6 million as of June 30, 2026 and December 31, 2025, respectively) 1 1
Additional paid-in capital 57,324 55,767
Accumulated deficit (42,259) (44,239)
Accumulated other comprehensive income (loss) (17) 387
Total equity attributable to common stockholders 15,059 11,926
Noncontrolling interest 14,847 11,895
Total equity 29,906 23,821
Total liabilities and equity 63,647 66,702
Class A Common Stock [Member]    
Stockholders' equity    
Common stock, value 5 4
Class B Common Stock [Member]    
Stockholders' equity    
Common stock, value $ 5 $ 6