v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' (EQUITY) DEFICIT - USD ($)
Convertible Preferred Stocks [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2024   $ 4,000 $ 104,301,000 $ (109,000) $ (127,669,000) $ (23,473,000)
Beginning balance, shares at Dec. 31, 2024   43,589,506        
Vesting of restricted stock units  
Vesting of restricted stock units, shares   25,000        
Issuance of common stock resulting from the Consent Agreement   $ 3,000 7,000 10,000
Issuance of common stock resulting from the Consent Agreement, shares   34,000,000        
Issuance of common stock resulting from the Conversion Agreements   $ 2,000 2,116,000 2,118,000
Issuance of common stock resulting from the Conversion Agreements, shares   15,347,000        
Stock-based compensation expense   74,000 74,000
Net income   1,930,000 1,930,000
Cumulative translation adjustment   (22,000) (22,000)
Ending balance, value at Jun. 30, 2025   $ 9,000 106,498,000 (131,000) (125,739,000) (19,363,000)
Ending balance, shares at Jun. 30, 2025   92,961,506        
Beginning balance, value at Mar. 31, 2025   $ 4,000 104,345,000 (123,000) (128,439,000) (24,213,000)
Beginning balance, shares at Mar. 31, 2025   43,614,506        
Issuance of common stock resulting from the Consent Agreement   $ 3,000 7,000 10,000
Issuance of common stock resulting from the Consent Agreement, shares   34,000,000        
Issuance of common stock resulting from the Conversion Agreements   $ 2,000 2,116,000 2,118,000
Issuance of common stock resulting from the Conversion Agreements, shares   15,347,000        
Stock-based compensation expense   30,000 30,000
Net income   2,700,000 2,700,000
Cumulative translation adjustment   (8,000) (8,000)
Ending balance, value at Jun. 30, 2025   $ 9,000 106,498,000 (131,000) (125,739,000) (19,363,000)
Ending balance, shares at Jun. 30, 2025   92,961,506        
Beginning balance, value at Dec. 31, 2025 $ 17,000 110,211,000 (162,000) (118,333,000) (8,267,000)
Beginning balance, shares at Dec. 31, 2025 26,983 172,318,506        
Stock-based compensation expense 444,000 444,000
Debt discount on modification of convertible notes 230,000 230,000
Cash received on sale of Series D Preferred stock, net of expenses 13,838,000 13,838,000
Cash received on sale of Series D Preferred stock, net of expenses, shares 15,000          
Series D preferred stock capitalized dividends 227,000 (227,000)
Common stock issued on conversion of Series A Preferred stock $ 2,000 (2,000)  
Common stock issued on conversion of Series A Preferred stock, shares (15,000) 15,000,000        
Common stock issued on exercise of stock options 1,000 $ 1,000
Common stock issued on exercise of stock options, shares   10,415       10,415
Net income (3,145,000) $ (3,145,000)
Cumulative translation adjustment (39,000) (39,000)
Ending balance, value at Jun. 30, 2026 $ 19,000 124,949,000 (201,000) (121,705,000) 3,062,000
Ending balance, shares at Jun. 30, 2026 26,983 187,328,921        
Beginning balance, value at Mar. 31, 2026 $ 17,000 110,449,000 (180,000) (119,643,000) (9,357,000)
Beginning balance, shares at Mar. 31, 2026 26,983 172,318,506        
Stock-based compensation expense 206 206
Debt discount on modification of convertible notes 230,000 230,000
Cash received on sale of Series D Preferred stock, net of expenses 13,838,000 13,838,000
Cash received on sale of Series D Preferred stock, net of expenses, shares 15,000          
Series D preferred stock capitalized dividends 227,000 (227,000)
Common stock issued on conversion of Series A Preferred stock $ 2,000 (2,000)
Common stock issued on conversion of Series A Preferred stock, shares (15,000) 15,000,000        
Common stock issued on exercise of stock options 1,000 1,000
Common stock issued on exercise of stock options, shares   10,415        
Net income (1,835,000) (1,835,000)
Cumulative translation adjustment (21,000) (21,000)
Ending balance, value at Jun. 30, 2026 $ 19,000 $ 124,949,000 $ (201,000) $ (121,705,000) $ 3,062,000
Ending balance, shares at Jun. 30, 2026 26,983 187,328,921