v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Net revenue $ 7 $ 88 $ 25 $ 151
Cost of goods sold 6 47 14 60
Gross profit 1 41 11 91
Operating expenses:        
Sales and distribution 188 1,035 488 1,072
General and administrative 3,772 2,584 6,691 5,938
Total operating expenses 3,960 3,619 7,179 7,010
Operating loss (3,959) (3,578) (7,168) (6,919)
Interest expense, net 173 222 399 397
Change in fair value of warrant liabilities 0 (35) 0 (90)
Gain on extinguishment of debt (295) 0 (295) 0
Other expense (income), net 125 0 125 (42)
Loss from continuing operations before income taxes (3,962) (3,765) (7,397) (7,184)
Income taxes 0 0 0 0
Loss from continuing operations, net of income taxes (3,962) (3,765) (7,397) (7,184)
Income (loss) from discontinued operations 3,471 (1,095) 774 (1,572)
Net loss [1] $ (491) $ (4,860) $ (6,623) $ (8,756)
Net loss from continuing operations per share, basic and diluted (in dollars per share) $ (0.43) $ (0.49) $ (0.82) $ (0.95)
Net income (loss) from discontinued operations per share, basic and diluted (in dollars per share) 0.38 (0.14) 0.09 (0.21)
Net loss per share, basic and diluted (in dollars per share) $ (0.05) $ (0.63) $ (0.74) $ (1.16)
Weighted-average number of shares outstanding, basic and diluted (in shares) 9,160,187 7,674,910 9,003,236 7,564,523
[1] Includes amounts from discontinued operations, please see Note 3, Held for Sale Classification and Discontinued Operations Presentation for additional details.