v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' DEFICIT (UNAUDITED) - USD ($)
$ in Thousands
Series A 12% Convertible Preferred Stock [Member]
Preferred Stock [Member]
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Deficit [Member]
Total
Beginning balance at Dec. 31, 2024           $ 1,723
Beginning balance (in Shares) at Dec. 31, 2024           176
Ending balance at Jun. 30, 2025           $ 1,723
Ending balance (in Shares) at Jun. 30, 2025           176
Beginning balance at Dec. 31, 2024   $ 500 $ 62 $ 296,217 $ (401,572) $ (104,793)
Beginning balance (in Shares) at Dec. 31, 2024   1,235,000 63,157,235      
Series A 12% convertible preferred stock dividend       15 (15)  
Series A 12% convertible preferred stock dividend (in Shares)     12,350      
Series C super dividend redeemable convertible preferred stock dividend       22 (22)  
Series C super dividend redeemable convertible preferred stock dividend (in Shares)     17,600      
Conversion of Series A convertible preferred to common stock   $ (10)   10    
Conversion of Series A convertible preferred to common stock (in Shares)   (25,000) 4,167      
Common stock purchase warrants issued in connection with related party line of credit       235   235
Exercise of common stock options       724   724
Exercise of common stock options (in Shares)     346,606      
Issuance of common stock       1,218   1,218
Issuance of common stock (in Shares)     417,904      
Stock-based compensation expense, net of shares forfeited to cover tax withholding     $ 1 877   878
Stock-based compensation expense, net of shares forfeited to cover tax withholding (in Shares)     104,400      
Net loss         (17,152) (17,152)
Ending balance at Jun. 30, 2025 $ 490 $ 490 $ 63 299,318 (418,761) (118,890)
Ending balance (in Shares) at Jun. 30, 2025 1,210,000 1,210,000 64,060,262      
Ending balance at Jun. 30, 2025           $ 1,723
Ending balance (in Shares) at Jun. 30, 2025           176
Beginning balance at Mar. 31, 2025 $ 500   $ 63 296,631 (411,177) $ (113,984)
Beginning balance (in Shares) at Mar. 31, 2025 1,235,000   63,291,585      
Series A 12% convertible preferred stock dividend         (37) (37)
Series C super dividend redeemable convertible preferred stock dividend         (26) (26)
Conversion of Series A convertible preferred to common stock $ (10)     10    
Conversion of Series A convertible preferred to common stock (in Shares) (25,000)   4,167      
Common stock purchase warrants issued in connection with related party line of credit       235   235
Exercise of common stock options       724   724
Exercise of common stock options (in Shares)     346,606      
Issuance of common stock       1,218   1,218
Issuance of common stock (in Shares)     417,904      
Stock-based compensation expense, net of shares forfeited to cover tax withholding       500   500
Net loss         (7,521) (7,521)
Ending balance at Jun. 30, 2025 $ 490 $ 490 $ 63 299,318 (418,761) (118,890)
Ending balance (in Shares) at Jun. 30, 2025 1,210,000 1,210,000 64,060,262      
Beginning balance at Dec. 31, 2025           $ 1,723
Beginning balance (in Shares) at Dec. 31, 2025           176
Ending balance at Jun. 30, 2026           $ 1,723
Ending balance (in Shares) at Jun. 30, 2026           176
Beginning balance at Dec. 31, 2025   $ 490 $ 65 304,073 (432,546) $ (127,918)
Beginning balance (in Shares) at Dec. 31, 2025   1,210,000 65,201,995      
Series A 12% convertible preferred stock dividend       33 (34) (1)
Series A 12% convertible preferred stock dividend (in Shares)     11,850      
Series C super dividend redeemable convertible preferred stock dividend       49 (49)  
Series C super dividend redeemable convertible preferred stock dividend (in Shares)     17,600      
Conversion of Series A convertible preferred to common stock   $ (10)   10    
Conversion of Series A convertible preferred to common stock (in Shares)   (25,000) 4,368      
Exercise of common stock options       560   $ 560
Exercise of common stock options (in Shares)     347,245     347,245
Issuance of common stock     $ 1 1,293   $ 1,294
Issuance of common stock (in Shares)     281,100      
Stock-based compensation expense, net of shares forfeited to cover tax withholding       1,649   1,649
Stock-based compensation expense, net of shares forfeited to cover tax withholding (in Shares)     447,752      
Net loss         (14,159) (14,159)
Ending balance at Jun. 30, 2026 $ 480 $ 480 $ 66 307,667 (446,788) (138,575)
Ending balance (in Shares) at Jun. 30, 2026 1,185,000 1,185,000 66,311,910      
Ending balance at Jun. 30, 2026           $ 1,723
Ending balance (in Shares) at Jun. 30, 2026           176
Beginning balance at Mar. 31, 2026 $ 480   $ 65 305,108 (437,613) $ (131,960)
Beginning balance (in Shares) at Mar. 31, 2026 1,185,000   65,856,898      
Series A 12% convertible preferred stock dividend         (36) (36)
Series C super dividend redeemable convertible preferred stock dividend         (26) (26)
Exercise of common stock options       303   303
Exercise of common stock options (in Shares)     173,912      
Issuance of common stock     $ 1 1,293   1,294
Issuance of common stock (in Shares)     281,100      
Stock-based compensation expense, net of shares forfeited to cover tax withholding       963   963
Net loss         (9,113) (9,113)
Ending balance at Jun. 30, 2026 $ 480 $ 480 $ 66 $ 307,667 $ (446,788) $ (138,575)
Ending balance (in Shares) at Jun. 30, 2026 1,185,000 1,185,000 66,311,910