v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (16,501) $ (828)
Adjustments to reconcile net loss to net restricted cash and cash equivalents used in operating activities:    
Loss on debt extinguishment 2,192
Change in fair value of financial instruments 5,907 (1,355)
Inventory write-down for excess & obsolescence 310 178
Loss on contingent liability 119 25
Stock-based compensation 15 101
Depreciation 8 10
Amortization of intangible asset 89 330
Noncash interest expense 1,240 1,165
Noncash right-of-use asset amortization 64 61
Net loss on disposal or impairment of property and equipment 20
Gain on accounts payable and accrued expenses settlements (5,607)
Changes in operating assets and liabilities:    
Trade accounts receivable 9,983 4,898
Inventories (1,026) (507)
Prepaid and other assets (47) 77
Accounts payable (1,576) (709)
Accrued expenses and other liabilities (1,036) 514
Accrued compensation (410) (245)
Contingent liabilities (106) (425)
Operating lease liabilities (64) (62)
Net restricted cash and cash equivalents used in operating activities (839) (2,359)
Cash flows from investing activities:    
Payments related to intangible asset acquisition (57)
Purchases of property and equipment (2) (2)
Net restricted cash and cash equivalents used in investing activities (2) (59)
Cash flows from financing activities:    
Proceeds from issuance of Aditxt Notes – Related Party 2,425
Borrowings under short-term debt and Notes – carried at fair value 1,068 383
Payments under short-term debt and Notes – carried at fair value (520) (383)
Net restricted cash and cash equivalents provided by financing activities 548 2,425
Net change in restricted cash and cash equivalents (293) 7
Restricted cash and cash equivalents, beginning of period 578 741
Restricted cash and cash equivalents, end of period 285 748
Supplemental disclosure of noncash investing and financing activities:    
Addition to ROU asset and lease liability due to new leases 186
Series E-1 Shares and Series G-1 Shares deemed dividends 128 4
Issuance of common stock upon exercise of purchase rights 2
Issuance of common stock upon conversion of Series G-1 Shares 1
Net decrease in contingent liabilities $ 3,390 $ 4,529