SEGMENT INFORMATION (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
| Segment Reporting [Abstract] |
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Table Text Block] |
The table below shows revenue reported by segment and the geographic location of customers:
| | |
(in thousands) | |
| | |
Three months ended June 30, 2026 ($) | | |
Three months ended June 30, 2025 ($) | | |
Six months ended June 30, 2026 ($) | | |
Six months ended June 30, 2025 ($) | |
| | |
| | |
| | |
| | |
| |
| Life Sciences segment | |
| | |
| | |
| | |
| |
| Wellness and lifestyle | |
| 9 | | |
| 6 | | |
| 32 | | |
| 19 | |
| White labeling services | |
| 256 | | |
| 322 | | |
| 550 | | |
| 639 | |
| Total | |
| 265 | | |
| 328 | | |
| 582 | | |
| 658 | |
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue [Table Text Block] |
The table below shows the
loss before income tax and other (expense)/income categories regularly provided to the CODM in assessing the Company’s one reportable
segment, “Life Sciences,” segment performance:
| | |
(in thousands) Three months ended June 30, | |
| | |
2026($) | | |
2025($) | |
| United States (U.S.) | |
| | |
| |
| Revenue | |
| 265 | | |
| 328 | |
| Cost of revenue | |
| (217 | ) | |
| (174 | ) |
| Selling, general, and administrative expenses | |
| (695 | ) | |
| (895 | ) |
| Research and development expenses | |
| (761 | ) | |
| (383 | ) |
| Common stock-based compensation and expenses, net | |
| (727 | ) | |
| (224 | ) |
| Operating loss | |
| (2,135 | ) | |
| (1,348 | ) |
| Others | |
| | | |
| | |
| Selling, general, and administrative expenses | |
| (255 | ) | |
| (200 | ) |
| Research and development expenses | |
| (374 | ) | |
| (128 | ) |
| Common stock-based compensation and expenses, net | |
| (20 | ) | |
| (229 | ) |
| Operating loss | |
| (649 | ) | |
| (557 | ) |
| Total Operating loss | |
| (2,784 | ) | |
| (1,905 | ) |
| | |
(in thousands) Six months ended June 30, | |
| | |
2026($) | | |
2025($) | |
| United States (U.S.) | |
| | |
| |
| Revenue | |
| 582 | | |
| 658 | |
| Cost of revenue | |
| (479 | ) | |
| (350 | ) |
| Selling, general, and administrative expenses | |
| (1,408 | ) | |
| (1,010 | ) |
| Research and development expenses | |
| (1,212 | ) | |
| (932 | ) |
| Common stock-based compensation and expenses, net | |
| (1,615 | ) | |
| (645 | ) |
| Operating loss | |
| (4,132 | ) | |
| (2,279 | ) |
| Others | |
| | | |
| | |
| Selling, general, and administrative expenses | |
| (403 | ) | |
| (402 | ) |
| Research and development expenses | |
| (566 | ) | |
| (375 | ) |
| Common stock-based compensation and expenses, net | |
| (141 | ) | |
| (262 | ) |
| Operating loss | |
| (1,110 | ) | |
| (1,039 | ) |
| Total Operating loss | |
| (5,242 | ) | |
| (3,318 | ) |
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset [Table Text Block] |
The table below shows the
non-current assets other than financial instruments held in the country of domicile and foreign countries.
| | |
(in thousands) | |
| Nature of assets | |
USA (Country of Domicile) ($) | | |
Foreign Countries (India and Colombia) ($) | | |
Total as of June 30, 2026 ($) | |
| Intangible assets, net | |
| 5,507 | | |
| - | | |
| 5,507 | |
| Property, plant, and equipment, net | |
| 2,004 | | |
| 65 | | |
| 2,069 | |
| Claims and advances | |
| 410 | | |
| 246 | | |
| 656 | |
| Operating lease asset | |
| - | | |
| - | | |
| - | |
| Total non-current assets | |
| 7,921 | | |
| 311 | | |
| 8,232 | |
| |
|
(in thousands) |
|
| Nature of assets |
|
USA
(Country of
Domicile)
($) |
|
|
Foreign
Countries
(India and
Colombia)
($) |
|
|
Total
as of
December 31,
2025
($) |
|
| Intangible assets, net |
|
|
5,101 |
|
|
|
- |
|
|
|
5,101 |
|
| Property, plant, and equipment, net |
|
|
2,073 |
|
|
|
68 |
|
|
|
2,141 |
|
| Claims and advances |
|
|
410 |
|
|
|
259 |
|
|
|
669 |
|
| Operating lease asset |
|
|
- |
|
|
|
11 |
|
|
|
11 |
|
| Total non-current assets |
|
|
7,584 |
|
|
|
338 |
|
|
|
7,922 |
|
|