v3.26.1
Condensed Consolidated Statements of Shareholders' Equity (Deficit) (Unaudited) - USD ($)
$ in Thousands
Preferred Stock [Member]
Series A Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance - March 31, 2025 at Dec. 31, 2024 $ 72,750 $ (82,154) $ (9,404)
Balance, shares at Dec. 31, 2024 723,265      
Net loss (6,797) (6,797)
Shares issued for vested restricted stock units
Shares issued for vested restricted stock units, shares   2,195      
Stock compensation expense 220 220
Common stock issued in public offering (ATM), net of costs 63 63
Common stock issued in public offering (ATM), net of costs, shares   2,316      
Redeemable preferred stock issued, net $ 3,180
Redeemable preferred stock issued, net, shares 350        
Conversion of preferred stock to common stock $ (273) 273 273
Conversion of preferred stock to common stock, shares (30) 31,189      
Balance - June 30, 2025 at Mar. 31, 2025 $ 2,907 73,306 (88,951) (15,645)
Balance, shares at Mar. 31, 2025 320 758,965      
Balance - March 31, 2025 at Dec. 31, 2024 72,750 (82,154) (9,404)
Balance, shares at Dec. 31, 2024 723,265      
Net loss         (13,831)
Balance - June 30, 2025 at Jun. 30, 2025 $ 1,245 79,381 (95,985) (16,604)
Balance, shares at Jun. 30, 2025 136 3,742,639      
Balance - March 31, 2025 at Mar. 31, 2025 $ 2,907 73,306 (88,951) (15,645)
Balance, shares at Mar. 31, 2025 320 758,965      
Net loss (7,034) (7,034)
Shares issued for vested restricted stock units
Shares issued for vested restricted stock units, shares   6,434      
Stock compensation expense 190 190
Share issuance under ESPP 73 73
Share issuance under ESPP, shares   8,751      
Redeemable preferred stock issued, net $ 4,150
Redeemable preferred stock issued, net, shares 450        
Conversion of preferred stock to common stock $ (5,812) 5,812 5,812
Conversion of preferred stock to common stock, shares (634) 2,968,489      
Balance - June 30, 2025 at Jun. 30, 2025 $ 1,245 79,381 (95,985) (16,604)
Balance, shares at Jun. 30, 2025 136 3,742,639      
Balance - March 31, 2025 at Dec. 31, 2025 $ 1 163,622 (152,093) 11,530
Balance, shares at Dec. 31, 2025 12,078,713      
Net loss (6,625) (6,625)
Cashless exercise of liability classified as warrants
Cashless exercise of liability classified warrants, shares   69,985      
Shares issued for vested restricted stock units
Shares issued for vested restricted stock units, shares   85      
Dividends Preferred Series B - Paid-in-kind (125) (125)
Dividends Preferred Series B (502) (502)
Accretion of discount on Series B Preferred (468) (468)
Stock compensation expense 100 100
Balance - June 30, 2025 at Mar. 31, 2026 $ 1 162,627 (158,718) 3,910
Balance, shares at Mar. 31, 2026 12,148,783      
Balance - March 31, 2025 at Dec. 31, 2025 $ 1 163,622 (152,093) 11,530
Balance, shares at Dec. 31, 2025 12,078,713      
Net loss         (11,011)
Balance - June 30, 2025 at Jun. 30, 2026 $ 1 162,919 (163,104) (184)
Balance, shares at Jun. 30, 2026 13,353,812      
Balance - March 31, 2025 at Mar. 31, 2026 $ 1 162,627 (158,718) 3,910
Balance, shares at Mar. 31, 2026 12,148,783      
Net loss (4,386) (4,386)
Cashless exercise of liability classified as warrants 193 193
Cashless exercise of liability classified warrants, shares   103,390      
Shares issued for vested restricted stock units
Shares issued for vested restricted stock units, shares   173,070      
Dividends Preferred Series B - Paid-in-kind (127) (127)
Dividends Preferred Series B (510) (510)
Accretion of discount on Series B Preferred (494) (494)
Stock compensation expense 374 374
Common stock issued in public offering (ATM), net of costs 829 829
Common stock issued in public offering (ATM), net of costs, shares   411,100      
Share issuance under ESPP 26 26
Share issuance under ESPP, shares   17,469      
Exercise of investor warrants 1 1
Exercise of investor warrants, shares   500,000      
Balance - June 30, 2025 at Jun. 30, 2026 $ 1 $ 162,919 $ (163,104) $ (184)
Balance, shares at Jun. 30, 2026 13,353,812