v3.26.1
CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 11,837 $ 9,650
Accounts receivable, net of allowance for credit losses of $157 at June 30, 2026 and December 31, 2025 2,660 3,365
Other current assets 816 892
Total current assets 15,313 13,907
PROPERTY AND EQUIPMENT, NET 351 394
GOODWILL 8,102 8,102
INTANGIBLE ASSETS, NET 1,798 2,077
OTHER ASSETS 1 1
Total assets 25,565 24,481
CURRENT LIABILITIES:    
Accounts payable 385 226
Accrued expenses 1,496 1,897
Deferred revenue 1,195 1,661
Total current liabilities 3,076 3,784
Total liabilities 3,076 3,784
COMMITMENTS AND CONTINGENCIES (Note 10)
STOCKHOLDERS’ EQUITY:    
Preferred stock - $0.01 par value; 30,000 shares authorized; Series A convertible preferred stock, zero shares issued and outstanding at June 30, 2026 and December 31, 2025 0 0
Common stock - $0.001 par value; 40,000,000 shares authorized; 20,252,888 and 20,225,323 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 20 20
Additional paid-in capital 154,380 153,887
Accumulated deficit (131,911) (133,210)
Total stockholders’ equity 22,489 20,697
Total liabilities and stockholders’ equity $ 25,565 $ 24,481