v3.26.1
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 183 $ 244
Accounts receivable 482 350
Prepaid expenses 9 25
Other current assets 250 250
Interest receivable 56 46
Total current assets 980 915
Right of use asset 332 18
Security deposit 33 32
Intangible assets, net of accumulated amortization 3,572 4,151
Goodwill 2,956 2,956
Capitalized software development, net of accumulated amortization 1,070 1,321
TOTAL ASSETS 8,943 9,393
Current liabilities    
Accounts payable 2,205 2,566
Accrued liabilities 1,290 1,321
Notes payable 250 250
Notes payable – related party 1,350 1,000
Convertible notes payable, net of discount of $326 and $66, respectively 858 717
Deferred revenue 20 5
Contingent consideration 826 564
Right of use liability 8 18
Total current liabilities 6,807 6,441
Long-term liabilities    
Notes payable – related party, net of current portion 2,181 1,000
Notes payable, net of current portion 59 59
Right of use liability, net of current portion 327 0
Total long-term liabilities 2,567 1,059
TOTAL LIABILITIES 9,374 7,500
Commitments and contingencies (Note 7)  
Stockholders’ equity (deficit)    
Series A preferred stock; $0.001 par value; 100,000 shares authorized; 14 shares issued and outstanding at June 30, 2026 and December 31, 2025 0 0
Common stock, $0.001 par value; 105,263,158 shares authorized; 42,003,934 and 40,488,934 issued and outstanding at June 30, 2026 and December 31, 2025, respectively 42 40
Additional paid-in capital 180,464 178,470
Accumulated deficit (180,937) (176,617)
Total stockholders’ equity (431) 1,893
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 8,943 $ 9,393