v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 2,808 $ 2,127
Accounts receivable, net 709 2,804
Inventories, net 1,589 1,555
Prepaid expenses and other current assets 897 1,260
Total current assets 6,003 7,746
Property and equipment, net 86 113
Right of use assets 808 766
Investment in convertible bond 8,691 12,604
Investment in equity security 580 0
Other assets 202 207
Total assets 16,370 21,436
CURRENT LIABILITIES    
Accounts payable and accrued expenses 23,466 22,615
Operating lease liabilities, current portion 390 348
Conversion feature derivative, notes payable 9 0
Other current liabilities 15,668 17,565
Warrant derivative liabilities 3 13
Convertible notes payable, net of discount 17,333 17,380
Total current liabilities 66,116 69,072
Operating lease liabilities, less current portion 1,299 1,409
Other long-term liabilities 12,884 12,292
Total liabilities 82,546 85,044
Commitments and contingent liabilities (Note 11)
STOCKHOLDERS’ DEFICIT    
Preferred stock, par value $0.001 per share, 15,000,000 shares authorized, none issued or outstanding
Common stock, par value $0.001 per share, 250,000,000 shares authorized, 70,188,263 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 70 70
Additional paid-in capital 225,988 225,987
Net loan receivable from EJ Holdings (16,869) (16,869)
Accumulated other comprehensive loss (3,302) (2,729)
Accumulated deficit (272,063) (270,067)
Total stockholders’ deficit (66,176) (63,608)
Total liabilities and stockholders' deficit 16,370 21,436
Nonrelated Party [Member]    
CURRENT LIABILITIES    
Notes payable to related parties 6,154 8,019
Related Party [Member]    
CURRENT LIABILITIES    
Notes payable to related parties 3,093 3,132
Notes payable to related parties, net of discount $ 2,247 $ 2,271