v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 1,774 $ 2,029
Accounts receivable, net of allowance of $1,179 and $882, respectively 1,438 1,581
Prepaid expenses and other current assets 1,001 774
Total current assets 4,213 4,384
Long-term assets    
Goodwill 8,572 8,572
Property and equipment, net 3,640 3,757
Operating lease right-of-use asset 3,809 4,166
Intangible assets, net 3,638 4,045
Deposits and other 272 228
Total assets 24,144 25,152
Current liabilities    
Accounts payable 2,946 1,679
Accrued expenses 7,042 5,988
Contract liabilities 583 479
Current portion of operating lease liability 790 672
Current portion of financing lease liability 56 55
Current portion of debt 7,772 8,353
Other current liabilities 1,200 850
Total current liabilities 20,389 18,076
Long-term liabilities    
Employee retention credit liability 2,904 2,904
Operating lease liability, net of current portion 3,438 3,840
Financing lease liability, net of current portion 83 113
Debt, net of current portion 366 469
Other liabilities 950 1,300
Total liabilities 28,130 26,702
Commitments and contingencies (Note 12)
Stockholders’ equity/(deficit)    
Preferred Stock, $0.0001 par value per share. Authorized 50,000,000 shares; 3,608,495 shares issued and outstanding
Preferred Stock – additional paid in capital 1,105
Common Stock, $0.0001 par value per share. Authorized 200,000,000 shares; issued and outstanding 14,531,617 shares as of June 30, 2026 and 9,286,609 shares as December 31, 2025 1 1
Additional paid-in capital 133,599 123,866
Accumulated deficit (138,520) (125,357)
Total stockholders’ equity/(deficit) (3,815) (1,490)
Non-controlling interest (171) (60)
Total equity/(deficit) (3,986) (1,550)
Total liabilities and equity/(deficit) $ 24,144 $ 25,152