v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues $ 4,341 $ 4,420 $ 8,562 $ 9,041
Cost of revenues 811 1,171 1,723 2,429
Gross profit 3,530 3,249 6,839 6,612
Operating expenses:        
Selling and marketing 1,234 1,665 2,710 3,309
Research and development 1,369 2,752 3,217 5,609
General and administrative 1,999 2,671 4,111 5,395
Depreciation and amortization 1,297 1,349 2,544 2,698
Gain on sale of assets, net 0 (1,287) 0 (1,287)
Goodwill impairment 0 11,052 0 11,052
Total operating expenses 5,899 18,202 12,582 26,776
Operating loss (2,369) (14,953) (5,743) (20,164)
Other (expense) income:        
Change in fair value of warrant liabilities (13) (20) (9) 103
Interest expense, net (221) (22) (747) (47)
Other expense, net (46) (67) (47) (131)
Loss before provision for income tax (2,649) (15,062) (6,546) (20,239)
Provision for income tax expense 0 0 0 1
Net loss (2,649) (15,062) (6,546) (20,240)
Deemed dividend (86) 0 (86) 0
Net loss attributable to common stockholders $ (2,735) $ (15,062) $ (6,632) $ (20,240)
Net loss per share attributable to common stockholders – basic and diluted        
Basic (in dollars per share) $ (0.52) $ (3.88) $ (1.28) $ (5.38)
Weighted average shares outstanding:        
Weighted average shares outstanding – basic (in shares) 5,212 3,883 5,175 3,764