v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Series A Preferred Stock
Series B Preferred Stock
Preferred Stock
Series A Preferred Stock
Preferred Stock
Series B Preferred Stock
Preferred Stock
Series C Preferred Stock
Common Stock
Paid-In Capital
Stock Subscription Receivable
Accumulated Deficit
Accumulated Other Comprehensive Income
Noncontrolling Interest
Preferred stock, beginning balance (in shares) at Dec. 31, 2024       37,020,000 0 18,750,000            
Beginning balance at Dec. 31, 2024 $ (23,283)     $ 4 $ 0 $ 2 $ 10 $ 14,316 $ (1,771) $ (35,847) $ 3  
Common stock, beginning balance (in shares) at Dec. 31, 2024             97,479,734          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Common stock issued for Simplified Companies acquisition (in shares)             2,000,000          
Stock issued (in shares)       32,000,000                
Stock issued 8,000     $ 3       7,997        
Conversion to common stock (in shares)           (18,750,000) 18,750,000          
Conversion of stock, value 0         $ (2) $ 2          
Issuance of common shares for stock subscription receivable 626               626      
Issuance of common stock and warrants related to registration rights payment arrangement $ 151                      
Issuance of common stock and warrants related to registration rights payment arrangement (in shares) 400,000                      
Net loss $ (4,328)                 (4,330) 2  
Preferred stock, ending balance (in shares) at Jun. 30, 2025       69,020,000 0 0            
Ending balance at Jun. 30, 2025 (18,834)     $ 7 $ 0 $ 0 $ 12 22,464 (1,145) (40,177) 5  
Common stock, ending balance (in shares) at Jun. 30, 2025             118,629,734          
Preferred stock, beginning balance (in shares) at Mar. 31, 2025       37,020,000 0 18,750,000            
Beginning balance at Mar. 31, 2025 (24,881)     $ 4 $ 0 $ 2 $ 10 14,316 (1,458) (37,760) 5  
Common stock, beginning balance (in shares) at Mar. 31, 2025             99,479,734          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Stock issued (in shares)       32,000,000                
Stock issued 8,000     $ 3       7,997        
Conversion to common stock (in shares)           (18,750,000) 18,750,000          
Conversion of stock, value 0         $ (2) $ 2          
Issuance of common shares for stock subscription receivable 313               313      
Issuance of common stock and warrants related to registration rights payment arrangement $ 151                      
Issuance of common stock and warrants related to registration rights payment arrangement (in shares) 400,000                      
Net loss $ (2,417)                 (2,417)    
Preferred stock, ending balance (in shares) at Jun. 30, 2025       69,020,000 0 0            
Ending balance at Jun. 30, 2025 (18,834)     $ 7 $ 0 $ 0 $ 12 22,464 (1,145) (40,177) 5  
Common stock, ending balance (in shares) at Jun. 30, 2025             118,629,734          
Beginning balance at Dec. 31, 2025 8,462                      
Ending balance at Jun. 30, 2026 8,462                      
Preferred stock, beginning balance (in shares) at Dec. 31, 2025   71,250,000 10,000,000 71,250,000 10,000,000              
Beginning balance at Dec. 31, 2025 $ 37,201     $ 7 $ 1   $ 21 67,396 (521) (58,201) 3 $ 28,495
Common stock, beginning balance (in shares) at Dec. 31, 2025 207,102,106           207,102,106          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Common stock issued for Simplified Companies acquisition (in shares)             2,000,000          
Stock issued (in shares)             658,380          
Stock issued $ 1,975             1,975        
Conversion to common stock (in shares)             1,372,811          
Conversion of stock, value 0             1,043       (1,043)
Issuance of common shares for stock subscription receivable 521               521      
Issuance of warrants related to debt facility 3,147             3,147        
Series A preferred stock dividend (495)                 (495)    
Net loss (12,943)                 (12,943)    
Stock-based compensation 58             58        
Preferred stock, ending balance (in shares) at Jun. 30, 2026   71,250,000 10,000,000 71,250,000 10,000,000              
Ending balance at Jun. 30, 2026 $ 29,464     $ 7 $ 1   $ 21 73,619 0 (71,639) 3 27,452
Common stock, ending balance (in shares) at Jun. 30, 2026 211,133,297           211,133,297          
Beginning balance at Mar. 31, 2026 $ 8,462                      
Ending balance at Jun. 30, 2026 8,462                      
Preferred stock, beginning balance (in shares) at Mar. 31, 2026       71,250,000 10,000,000              
Beginning balance at Mar. 31, 2026 33,544     $ 7 $ 1   $ 21 69,356 (208) (64,131) 3 28,495
Common stock, beginning balance (in shares) at Mar. 31, 2026             209,102,106          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Stock issued (in shares)             658,380          
Stock issued 1,975             1,975        
Conversion to common stock (in shares)             1,372,811          
Conversion of stock, value 0             1,043       (1,043)
Issuance of common shares for stock subscription receivable 208               208      
Issuance of warrants related to debt facility 1,187             1,187        
Series A preferred stock dividend (272)                 (272)    
Net loss (7,236)                 (7,236)    
Stock-based compensation 58             58        
Preferred stock, ending balance (in shares) at Jun. 30, 2026   71,250,000 10,000,000 71,250,000 10,000,000              
Ending balance at Jun. 30, 2026 $ 29,464     $ 7 $ 1   $ 21 $ 73,619 $ 0 $ (71,639) $ 3 $ 27,452
Common stock, ending balance (in shares) at Jun. 30, 2026 211,133,297           211,133,297