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In 2024, the Company formed Sensus Healthcare Services, LLC, a wholly owned subsidiary that provides operational healthcare services to dermatology clinics in the form of leased equipment, radiation oncology oversight and physicist oversight, and on-site device operation by radiotherapy technologists where the Company receives a contractual percentage of all superficial radiation therapy (“SRT”) reimbursement to the practice. Basis of Presentation and Principles of Consolidation These condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and include the accounts of the Company and its subsidiaries. Accounts and transactions between consolidated entities have been eliminated. These financial statements have been prepared in accordance with GAAP for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. They do not include all of the information and notes required by GAAP. In the opinion of management, all adjustments considered necessary for a fair presentation of the results have been included. Operating results for the six months ended June 30, 2026 are not necessarily indicative of the results that may be expected for the year ending December 31, 2026 or for any other period. The condensed consolidated balance sheet as of December 31, 2025 has been derived from the audited financial statements at that date, but does not include all of the information and notes required by GAAP for complete financial statements. For further information, refer to the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 (the “2025 Annual Report”). Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, including disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expense during the reporting periods. Actual results could differ from those estimates. Revenue Recognition The Company derives revenue from sales of the Company’s devices and services related to maintaining and repairing the devices as part of a service contract or on an ad-hoc basis without a service contract. The Company provides warranties, generally for one year, in conjunction with the sale of its products. These warranties entitle the customer to repair, replacement, or modification of the defective product, subject to the terms of the relevant warranty. The Company has determined that these warranties do not represent separate performance obligations, as the customer does not have the option to purchase the warranty separately and the warranty does not provide the customer with a service in addition to the assurance that the product complies with agreed-upon specifications. The Company records an estimate of future warranty claims at the time it recognizes revenue from the sale of the device based upon management’s estimate of the future claims rate. Revenue is recognized upon transfer of control of promised goods or services to customers when the product is shipped or the service is rendered, based on the amount the Company expects to receive in exchange for those goods or services. The Company enters into contracts that can include multiple services, which are accounted for separately if they are determined to be distinct. To determine the transaction price for contracts in which a customer promises consideration in a form other than cash, the Company measures the estimated fair value of the noncash consideration at contract inception. If the Company cannot reasonably estimate the fair value of the noncash consideration, the Company measures the consideration indirectly by reference to the stand-alone selling price of the products promised to the customer or class of customer in exchange for the consideration. Our service contracts include maintenance or repair service for device purchases and personnel service to assist in the use and operation of leased-out equipment under lease agreements where the Company is the lessor. The revenues from maintenance or repair service contracts are recognized over the service contract period on a straight-line basis. In the event that a customer does not sign a service contract, but requests maintenance or repair services after the warranty expires, the Company recognizes revenue when the service is rendered. There is no termination provision in the service contract or any penalties in practice for cancellation of the service contract. The revenues from personnel service contracts are recognized in the period during which the work is performed, as the Company has elected the practical expedient under Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with Customers, to recognize revenue in the amount that the Company has a right to invoice. The service contracts can be terminated by mutual written agreement. The Company has determined that in practice no significant discount is given on service contracts when offered with the device purchase or equipment lease as compared to when sold on a stand-alone basis. The service level provided is identical whether the service contract is purchased on a stand-alone basis or together with the device purchase or equipment lease. The Company may also incur preparation cost to ensure the customer’s space meets the requirement and specifications for the operation of the equipment. The preparation cost is expensed as incurred. The Company also generates revenue from leases in which the Company is the lessor. The Company identifies the lease and non-lease components and allocates the contract consideration on a relative stand-alone selling price basis at lease inception. The Company has elected the practical expedient to combine lease and non-lease components when the components qualify to be combined, and such combined components are accounted for as a lease under ASC 842, Leases. Revenues from non-lease components that are not qualified to be combined are recognized under ASC 606 when the related services are rendered. The components of disaggregated revenue for the three and six months ended June 30, 2026 and 2025 were as follows: Schedule of Total Revenue <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">For the Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">For the Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 48%; text-align: left">Product Revenue - recognized at a point in time</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--Revenues_pn3n3_uUSD_c20260401__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember_zScdS1qku6kk" style="width: 10%; text-align: right" title="Product Revenue - recognized at a point in time">1,241</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--Revenues_pn3n3_uUSD_c20250401__20250630__srt--ProductOrServiceAxis__us-gaap--ProductMember_zoEIkqbidi77" style="width: 10%; text-align: right" title="Product Revenue - recognized at a point in time">5,390</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--Revenues_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember_z9Q63dCdAyx6" style="width: 10%; text-align: right" title="Product Revenue - recognized at a point in time">2,894</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--Revenues_pn3n3_uUSD_c20250101__20250630__srt--ProductOrServiceAxis__us-gaap--ProductMember_z58tbPMJMV15" style="width: 10%; text-align: right" title="Product Revenue - recognized at a point in time">12,098</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Product Revenue - recognized over time</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--Revenues_pn3n3_uUSD_c20260401__20260630__srt--ProductOrServiceAxis__custom--ProductRevenueMember_zM9doGP2jxpc" style="text-align: right" title="Product Revenue - recognized over time">324</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--Revenues_pn3n3_uUSD_c20250401__20250630__srt--ProductOrServiceAxis__custom--ProductRevenueMember_zzuPFQKGIs0i" style="text-align: right" title="Product Revenue - recognized over time">358</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--Revenues_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__custom--ProductRevenueMember_zJJmexo8EfC2" style="text-align: right" title="Product Revenue - recognized over time">667</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--Revenues_pn3n3_uUSD_c20250101__20250630__srt--ProductOrServiceAxis__custom--ProductRevenueMember_z2XxeWlDWXKf" style="text-align: right" title="Product Revenue - recognized over time">557</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Service Revenue - recognized at a point in time</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--Revenues_pn3n3_uUSD_c20260401__20260630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_ziR6TE37ntWj" style="text-align: right" title="Service Revenue - recognized at a point in time">395</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--Revenues_pn3n3_uUSD_c20250401__20250630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_zETPUAtPsHm1" style="text-align: right" title="Service Revenue - recognized at a point in time">726</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--Revenues_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_z92SRDT0aChk" style="text-align: right" title="Service Revenue - recognized at a point in time">918</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--Revenues_pn3n3_uUSD_c20250101__20250630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_z9sxSnEPyxv6" style="text-align: right" title="Service Revenue - recognized at a point in time">1,350</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Service Revenue - recognized over time</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--Revenues_pn3n3_uUSD_c20260401__20260630__srt--ProductOrServiceAxis__custom--ServiceRevenueMember_zZGK6PeKEhY1" style="border-bottom: Black 1pt solid; text-align: right" title="Service Revenue - recognized over time">330</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--Revenues_pn3n3_uUSD_c20250401__20250630__srt--ProductOrServiceAxis__custom--ServiceRevenueMember_zKPZZwj0jDTe" style="border-bottom: Black 1pt solid; text-align: right" title="Service Revenue - recognized over time">841</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--Revenues_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__custom--ServiceRevenueMember_zwuRXetxsSag" style="border-bottom: Black 1pt solid; text-align: right" title="Service Revenue - recognized over time">1,205</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--Revenues_pn3n3_uUSD_c20250101__20250630__srt--ProductOrServiceAxis__custom--ServiceRevenueMember_zpk0reskIDI5" style="border-bottom: Black 1pt solid; text-align: right" title="Service Revenue - recognized over time">1,654</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total Revenue</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--Revenues_pn3n3_uUSD_c20260401__20260630_zLQACRgHhwTb" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">2,290</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--Revenues_pn3n3_uUSD_c20250401__20250630_zFxpj45pEeFc" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">7,315</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--Revenues_pn3n3_uUSD_c20260101__20260630_zDGCnQWGIgc5" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">5,684</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--Revenues_pn3n3_uUSD_c20250101__20250630_z0JjuJB9XQJh" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">15,659</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> The Company operates in a highly regulated environment, primarily in the U.S. dermatology market, in which state regulatory approval is sometimes required prior to the customer being able to use the product. In cases where such regulatory approval is pending, revenue is deferred until such time as regulatory approval is obtained. Deferred revenue activity as of June 30, 2026 was as follows: Schedule of Deferred Revenue <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Product</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Service</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 61%">December 31, 2025</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--ContractWithCustomerLiability_iS_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember_zLkb2vRgEnZ4" style="width: 10%; text-align: right" title="Beginning Balance">351</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--ContractWithCustomerLiability_iS_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_zyFem15PMl2a" style="width: 10%; text-align: right" title="Beginning Balance">501</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--ContractWithCustomerLiability_iS_pn3n3_uUSD_c20260101__20260630_z0BluxeC7v8a" style="width: 10%; text-align: right" title="Beginning Balance">852</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Revenue recognized</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ContractWithCustomerLiabilityRevenueRecognized_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember_zesxAZbkV4Z8" style="text-align: right" title="Revenue recognized">(280</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ContractWithCustomerLiabilityRevenueRecognized_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_zWS6mDb3b0af" style="text-align: right" title="Revenue recognized">(1,205</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ContractWithCustomerLiabilityRevenueRecognized_pn3n3_uUSD_c20260101__20260630_zZtkVGhS4ap1" style="text-align: right" title="Revenue recognized">(1,485</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Amounts invoiced</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_ecustom--ContractWithCustomerLiabilityAmountsInvoiced_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember_zUU0kNqGzpSj" style="border-bottom: Black 1pt solid; text-align: right" title="Amounts invoiced">38</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_ecustom--ContractWithCustomerLiabilityAmountsInvoiced_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_zb8qgx18FDXa" style="border-bottom: Black 1pt solid; text-align: right" title="Amounts invoiced">1,214</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_ecustom--ContractWithCustomerLiabilityAmountsInvoiced_pn3n3_uUSD_c20260101__20260630_zdvgUsoUr1na" style="border-bottom: Black 1pt solid; text-align: right" title="Amounts invoiced">1,252</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; padding-bottom: 2.5pt">June 30, 2026</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--ContractWithCustomerLiability_iE_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember_zPDZCSPzxREg" style="border-bottom: Black 2.5pt double; text-align: right" title="Ending Balance">109</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--ContractWithCustomerLiability_iE_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_zYhnsXtKOWo8" style="border-bottom: Black 2.5pt double; text-align: right" title="Ending Balance">510</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--ContractWithCustomerLiability_iE_pn3n3_uUSD_c20260101__20260630_zjQLA40oZZLf" style="border-bottom: Black 2.5pt double; text-align: right" title="Ending Balance">619</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Remaining performance obligations of deposits for products have original expected durations of one year or less. Estimated service revenue to be recognized in the future related to the performance obligations that are unsatisfied (or partially unsatisfied) as of June 30, 2026 is as follows: Schedule of Remaining Performance Obligations <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 95%; margin-right: auto"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">Year</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20260630__srt--ProductOrServiceAxis__custom--ServiceRevenueMember_zmqI7oE0V8Uh" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Service Revenue</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40E_ecustom--RevenueRemainingPerformanceObligationNextTwelveMonths_iI_pn3n3_uUSD_zVyqLrkIImck" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 86%; text-align: left">2026 (July 1 - December 31, 2026)</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 10%; text-align: right">408</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_409_ecustom--RevenueRemainingPerformanceObligationYearTwo_iI_pn3n3_uUSD_z52DSnmdUvL9" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; text-align: left">2027</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">102</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--ContractWithCustomerLiability_iI_pn3n3_uUSD_z1O3M3ChANUi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">Total</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">510</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> For the six months ended June 30, 2026 and 2025, the Company paid commissions for certain equipment sales. Because commissions are expected to be recovered through product revenue within one year, the Company expenses commissions as incurred. In addition, the Company incurs commissions associated with equipment lease agreements, which are accounted for as initial direct costs and recorded in other noncurrent assets in the condensed consolidated balance sheets. The commission is capitalized at the commencement of the lease and recognized as an expense in selling and marketing expenses over the lease term. Shipping and handling costs are expensed as incurred and are included in cost of sales. Concentration Financial instruments that potentially subject the Company to concentration of credit risk consist primarily of cash and cash equivalents and accounts receivable. Two customers located in the U.S. accounted for <span id="xdx_906_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uRatio_c20260401__20260630__srt--MajorCustomersAxis__custom--USCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zaUybJCNIKmh" title="Concentration Risk, Percentage">19% and <span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uRatio_c20260401__20260630__srt--MajorCustomersAxis__custom--USCustomerOneMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zG7FcZ8dJQTg" title="Concentration Risk, Percentage">10% of revenue, respectively, for the three months ended June 30, 2026, and one customer located in the U.S. accounted for <span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uRatio_c20250401__20250630__srt--MajorCustomersAxis__custom--USCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_ztBOpip8Gx9c" title="Concentration Risk, Percentage">56% of revenue for the three months ended June 30, 2025. One customer located in the U.S. and one customer located in China accounted for <span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uRatio_c20260101__20260630__srt--MajorCustomersAxis__custom--ChinaCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_z8ZHWiW6JRhj" title="Concentration Risk, Percentage">16% and <span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uRatio_c20260101__20260630__srt--MajorCustomersAxis__custom--ChinaCustomerOneMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zIVSMZgAwDWb" title="Concentration Risk, Percentage">15% of revenue, respectively, for the six months ended June 30, 2026, and one customer located in the U.S. accounted for <span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uRatio_c20250101__20250630__srt--MajorCustomersAxis__custom--USCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zcWP5FNOzNYk" title="Concentration Risk, Percentage">63% of revenue for the six months ended June 30, 2025. Four customers located in the U.S. accounted for <span id="xdx_908_ecustom--ConcentrationOfRiskPercentage_iI_pid_dp_uRatio_c20260630__srt--MajorCustomersAxis__custom--USCustomerOneMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_z694QioQcBt" title="Concentration Risk, Percentage">28%, <span id="xdx_906_ecustom--ConcentrationOfRiskPercentage_iI_pid_dp_uRatio_c20260630__srt--MajorCustomersAxis__custom--USCustomerTwoMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zhj8inhv6T92" title="Concentration Risk, Percentage">25%, <span id="xdx_905_ecustom--ConcentrationOfRiskPercentage_iI_pid_dp_uRatio_c20260630__srt--MajorCustomersAxis__custom--USCustomerThreeMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_z331kuu5UkTl" title="Concentration Risk, Percentage">16%, and <span id="xdx_907_ecustom--ConcentrationOfRiskPercentage_iI_pid_dp_uRatio_c20260630__srt--MajorCustomersAxis__custom--CustomerFourMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zYX0xmuiK5X9" title="Concentration Risk, Percentage">14% of accounts receivable, respectively, as of June 30, 2026, and one customer located in the U.S. accounted for <span id="xdx_903_ecustom--ConcentrationOfRiskPercentage_iI_pid_dp_uRatio_c20251231__srt--MajorCustomersAxis__custom--USCustomerOneMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zqiOve4CpM4" title="Concentration Risk, Percentage">65% of accounts receivable as of December 31, 2025. Geographical Information The following table illustrates total revenue for the three and six months ended June 30, 2026 and 2025 by geographic region. Schedule of Total Revenue by geographic region <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="14" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the Three Months Ended June 30,</td><td style="font-weight: bold; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2026</td><td style="border-bottom: Black 1pt solid; font-weight: bold; padding-bottom: 1pt"> </td><td style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2025</td><td style="border-bottom: Black 1pt solid; font-weight: bold; padding-bottom: 1pt"> </td><td style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; text-align: left">United States</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--Revenues_pn3n3_c20260401__20260630__srt--StatementGeographicalAxis__country--US_zqgIPAubBqmj" style="width: 8%; text-align: right" title="Revenue by Country">1,790</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_982_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260401__20260630__srt--StatementGeographicalAxis__country--US_zFfYzGfECLo3" style="width: 8%; text-align: right" title="Percentage of Revenue">78</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--Revenues_pn3n3_c20250401__20250630__srt--StatementGeographicalAxis__country--US_zYGy2qxj10Qi" style="width: 8%; text-align: right" title="Revenue by Country">6,712</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98C_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250401__20250630__srt--StatementGeographicalAxis__country--US_zZv3xfTI1e3f" style="width: 8%; text-align: right" title="Percentage of Revenue">92</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>China</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--Revenues_pn3n3_c20260401__20260630__srt--StatementGeographicalAxis__country--CN_zKmxgQNAFTRh" style="text-align: right" title="Revenue by Country">189</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260401__20260630__srt--StatementGeographicalAxis__country--CN_zq5sTjM1xDk4" style="text-align: right" title="Percentage of Revenue">8</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--Revenues_pn3n3_c20250401__20250630__srt--StatementGeographicalAxis__country--CN_ziVcBmY8exua" style="text-align: right" title="Revenue by Country">587</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250401__20250630__srt--StatementGeographicalAxis__country--CN_zDUzxPXq5zs3" style="text-align: right" title="Percentage of Revenue">8</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Korea</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--Revenues_pn3n3_c20260401__20260630__srt--StatementGeographicalAxis__country--KR_zVVkLdh21pZa" style="text-align: right" title="Revenue by Country">145</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260401__20260630__srt--StatementGeographicalAxis__country--KR_zeJSw8jSc2wk" style="text-align: right" title="Percentage of Revenue">6</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--Revenues_pn3n3_d0_c20250401__20250630__srt--StatementGeographicalAxis__country--KR_zAOK3u3inYZc" style="text-align: right" title="Revenue by Country">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250401__20250630__srt--StatementGeographicalAxis__country--KR_zVFZfyR3MP2l" style="text-align: right" title="Percentage of Revenue">0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Georgia</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--Revenues_pn3n3_c20260401__20260630__srt--StatementGeographicalAxis__country--GE_zZiQ9nIOAUdk" style="text-align: right" title="Revenue by Country">140</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260401__20260630__srt--StatementGeographicalAxis__country--GE_zvcKHQkZE3Sa" style="text-align: right" title="Percentage of Revenue">6</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--Revenues_pn3n3_d0_c20250401__20250630__srt--StatementGeographicalAxis__country--GE_z2zUsTZF2YK5" style="text-align: right" title="Revenue by Country">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250401__20250630__srt--StatementGeographicalAxis__country--GE_zXIt0ciyxug" style="text-align: right" title="Percentage of Revenue">0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--Revenues_pn3n3_c20260401__20260630__srt--StatementGeographicalAxis__custom--OtherMember_z3Y4muVvrRUl" style="border-bottom: Black 1pt solid; text-align: right" title="Revenue by Country">26</td><td style="text-align: left; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left; padding-bottom: 1pt"> </td><td id="xdx_98C_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260401__20260630__srt--StatementGeographicalAxis__custom--OtherMember_zf3UCt2O0Jfa" style="border-bottom: Black 1pt solid; text-align: right" title="Percentage of Revenue">2</td><td style="text-align: left; padding-bottom: 1pt">%</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_eus-gaap--Revenues_pn3n3_c20250401__20250630__srt--StatementGeographicalAxis__custom--OtherMember_zPvmFAyDjKag" style="border-bottom: Black 1pt solid; text-align: right" title="Revenue by Country">16</td><td style="text-align: left; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left; padding-bottom: 1pt"> </td><td id="xdx_98D_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250401__20250630__srt--StatementGeographicalAxis__custom--OtherMember_zFcCZfusq2ef" style="border-bottom: Black 1pt solid; text-align: right" title="Percentage of Revenue">0</td><td style="text-align: left; padding-bottom: 1pt">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total Revenue</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--Revenues_pn3n3_c20260401__20260630_zuICXJ05K0Pc" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">2,290</td><td style="text-align: left; padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt"> </td><td id="xdx_989_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260401__20260630_z9Zp3HbOnOVd" style="border-bottom: Black 2.5pt double; text-align: right" title="Percentage of Total Revenue">100</td><td style="text-align: left; padding-bottom: 2.5pt">%</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--Revenues_pn3n3_c20250401__20250630_zlnbiDEQ06xf" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">7,315</td><td style="text-align: left; padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt"> </td><td id="xdx_980_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250401__20250630_zyJ0Ej4O0tse" style="border-bottom: Black 2.5pt double; text-align: right" title="Percentage of Total Revenue">100</td><td style="text-align: left; padding-bottom: 2.5pt">%</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="14" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the Six Months Ended June 30,</td><td style="font-weight: bold; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2026</td><td style="border-bottom: Black 1pt solid; font-weight: bold; padding-bottom: 1pt"> </td><td style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2025</td><td style="border-bottom: Black 1pt solid; font-weight: bold; padding-bottom: 1pt"> </td><td style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; text-align: left">United States</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--Revenues_pn3n3_c20260101__20260630__srt--StatementGeographicalAxis__country--US_zKoUjpEpJEC4" style="width: 8%; text-align: right" title="Revenue by Country">4,328</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98F_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260101__20260630__srt--StatementGeographicalAxis__country--US_zB8rN96w9aJi" style="width: 8%; text-align: right" title="Percentage of Revenue">76</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--Revenues_pn3n3_c20250101__20250630__srt--StatementGeographicalAxis__country--US_zWcaMLVx13B2" style="width: 8%; text-align: right" title="Revenue by Country">14,863</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98F_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250101__20250630__srt--StatementGeographicalAxis__country--US_z5kTAsXHSPMj" style="width: 8%; text-align: right" title="Percentage of Revenue">95</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>China</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--Revenues_pn3n3_c20260101__20260630__srt--StatementGeographicalAxis__country--CN_zDMhL2fci2q2" style="text-align: right" title="Revenue by Country">1,015</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260101__20260630__srt--StatementGeographicalAxis__country--CN_zkczi6QNdTk3" style="text-align: right" title="Percentage of Revenue">18</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--Revenues_pn3n3_c20250101__20250630__srt--StatementGeographicalAxis__country--CN_z5WGYLy6IxWj" style="text-align: right" title="Revenue by Country">763</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250101__20250630__srt--StatementGeographicalAxis__country--CN_zNLvfHz2mSki" style="text-align: right" title="Percentage of Revenue">5</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Korea</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--Revenues_pn3n3_c20260101__20260630__srt--StatementGeographicalAxis__country--KR_zheYH5BhvyH2" style="text-align: right" title="Revenue by Country">145</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260101__20260630__srt--StatementGeographicalAxis__country--KR_zTa5uo4bt0ri" style="text-align: right" title="Percentage of Revenue">3</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--Revenues_pn3n3_d0_c20250101__20250630__srt--StatementGeographicalAxis__country--KR_z93LDUhIiAe8" style="text-align: right" title="Revenue by Country">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250101__20250630__srt--StatementGeographicalAxis__country--KR_zrb2Ppa3rwX8" style="text-align: right" title="Percentage of Revenue">0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Georgia</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--Revenues_pn3n3_c20260101__20260630__srt--StatementGeographicalAxis__country--GE_z6SqFdfJgdN4" style="text-align: right" title="Revenue by Country">140</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260101__20260630__srt--StatementGeographicalAxis__country--GE_z56mYNIP3Gg3" style="text-align: right" title="Percentage of Revenue">2</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--Revenues_pn3n3_d0_c20250101__20250630__srt--StatementGeographicalAxis__country--GE_zrz0ToZEW7L2" style="text-align: right" title="Revenue by Country">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250101__20250630__srt--StatementGeographicalAxis__country--GE_zBCGRCtsWxr1" style="text-align: right" title="Percentage of Revenue">0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--Revenues_pn3n3_c20260101__20260630__srt--StatementGeographicalAxis__custom--OtherMember_z9tjTcUyCj7e" style="border-bottom: Black 1pt solid; text-align: right" title="Revenue by Country">56</td><td style="text-align: left; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left; padding-bottom: 1pt"> </td><td id="xdx_986_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260101__20260630__srt--StatementGeographicalAxis__custom--OtherMember_zjj7ZI7BoH71" style="border-bottom: Black 1pt solid; text-align: right" title="Percentage of Revenue">1</td><td style="text-align: left; padding-bottom: 1pt">%</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--Revenues_pn3n3_c20250101__20250630__srt--StatementGeographicalAxis__custom--OtherMember_zSsS59ogOQf" style="border-bottom: Black 1pt solid; text-align: right" title="Revenue by Country">33</td><td style="text-align: left; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left; padding-bottom: 1pt"> </td><td id="xdx_984_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250101__20250630__srt--StatementGeographicalAxis__custom--OtherMember_zqNCt7Euj5xc" style="border-bottom: Black 1pt solid; text-align: right" title="Percentage of Revenue">0</td><td style="text-align: left; padding-bottom: 1pt">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total Revenue</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--Revenues_pn3n3_c20260101__20260630_zMtxkHzlzyX9" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">5,684</td><td style="text-align: left; padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt"> </td><td id="xdx_980_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260101__20260630_zVvZtGrQtrx4" style="border-bottom: Black 2.5pt double; text-align: right" title="Percentage of Total Revenue">100</td><td style="text-align: left; padding-bottom: 2.5pt">%</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--Revenues_pn3n3_c20250101__20250630_zGskFDsAlmgf" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">15,659</td><td style="text-align: left; padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt"> </td><td id="xdx_989_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250101__20250630_zLHRp9fA3VEk" style="border-bottom: Black 2.5pt double; text-align: right" title="Percentage of Total Revenue">100</td><td style="text-align: left; padding-bottom: 2.5pt">%</td></tr> </table> Fair Value of Financial Instruments Carrying amounts of cash equivalents, accounts receivable, accounts payable and the revolving credit facility approximate fair value due to their relative short maturities. Fair Value Measurements The Company uses a fair value hierarchy that prioritizes inputs to valuation approaches used to measure fair value. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. Assets and liabilities measured and reported at fair value are classified and disclosed in one of the following categories: Level 1 Inputs: Quoted prices (unadjusted) in active markets for identical assets or liabilities at the reporting date. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 94px"> </td> <td style="width: 48px">●</td> <td style="text-align: justify">Level 1 assets may include listed mutual funds, ETFs and listed equities</td></tr> </table> Level 2 Inputs: Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities that are not active; quotes from pricing services or brokers for which the Company can determine that orderly transactions took place at the quoted price or that the inputs used to arrive at the price are observable; and inputs other than quoted prices that are observable, such as models or other valuation methodologies. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 94px"> </td> <td style="width: 48px; text-align: justify">●</td> <td style="text-align: justify">Level 2 assets may include debt securities and foreign currency exchange contracts that have inputs to the valuations that generally can be corroborated by observable market data.</td></tr> </table> Level 3 Inputs: Unobservable inputs for the valuation of the asset or liability, which may include nonbinding broker quotes. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 94px"> </td> <td style="width: 48px; text-align: justify">●</td> <td style="text-align: justify">Level 3 assets include investments for which there is little, if any, market activity. These inputs require significant management judgment or estimation.</td></tr> </table> Significance of Inputs: The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the financial instrument. Cash, Restricted Cash, and Cash Equivalents Cash and cash equivalents primarily consist of cash, money market funds and short-term, highly liquid investments with original maturities of three months or less. Restricted cash represents $2.2 million maintained in a restricted money market account with City National Bank of Florida (“CNB”) as cash collateral for the Company’s obligations under its revolving credit facility. Restricted cash totaled $2.2 million and $0 as of June 30, 2026 and December 31, 2025, respectively. See Note 3, Debt, for additional information regarding the revolving credit facility. Accounts Receivable The Company extends credit to customers based on an assessment of their financial condition and generally does not require collateral. Exposure to losses on receivables is expected to vary by customer due to the financial condition of each customer. The Company estimates future credit losses based on the age of customer receivable balances, collection history and forecasted economic trends. Future collections can be significantly different from historical collection trends or current estimates. The Company monitors exposure to credit losses and maintains allowances for anticipated losses considered necessary under the circumstances. The allowance for expected credit losses was $0.1 million as of June 30, 2026 and December 31, 2025. There was no credit loss expense for the three and six months ended June 30, 2026 and 2025. Inventories Inventories consist of finished product and components and are stated at the lower of cost or net realizable value, determined using the first-in, first-out method. Earnings Per Share Basic net loss per share is calculated by dividing net loss by the weighted-average number of common shares outstanding for the period using the treasury stock method for options, restricted stock and warrants. Diluted net loss per share is computed by giving effect to all potential dilutive common share equivalents outstanding for the period. The factors used in the net loss per share computation are as follows: Schedule of Earnings Per Share Computation <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-left: 0.125in; text-indent: -0.125in"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">For the Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">For the Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 0.125in; text-indent: -0.125in"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic; padding-left: 0.125in; text-indent: -0.125in">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-indent: -0.125in">Basic</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 48%; text-align: left; padding-left: 0.25in; text-indent: -0.125in">Net loss</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--NetIncomeLoss_pn3n3_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zIZuV2Yb5Ck" style="width: 10%; text-align: right" title="Net loss">(8,749</td><td style="width: 1%; text-align: left">)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--NetIncomeLoss_pn3n3_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zJb4khJS5Ikj" style="width: 10%; text-align: right" title="Net loss">(1,037</td><td style="width: 1%; text-align: left">)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--NetIncomeLoss_pn3n3_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_z3KvFBXCSNnc" style="width: 10%; text-align: right" title="Net loss">(11,375</td><td style="width: 1%; text-align: left">)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--NetIncomeLoss_pn3n3_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zzBw1EafmQXe" style="width: 10%; text-align: right" title="Net loss">(3,609</td><td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 0.25in; text-indent: -0.125in">Weighted average number of shares used in computing net loss per share – basic</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_z3tLa54tFAKj" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,462</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zUUEiqmndl3b" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,320</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zzxDrAV2PMWj" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,462</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_z1OOmHpSoiL4" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,331</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 0.25in; text-indent: -0.125in">Net loss per share - basic</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--EarningsPerShareBasic_pid_uUSDPShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_z1H92phFiYjc" style="text-align: right" title="Net loss per share - basic">(0.53</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--EarningsPerShareBasic_pid_uUSDPShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zLKb9BSNKRCa" style="text-align: right" title="Net loss per share - basic">(0.06</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--EarningsPerShareBasic_pid_uUSDPShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zxthGWpiJ48a" style="text-align: right" title="Net loss per share - basic">(0.69</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--EarningsPerShareBasic_pid_uUSDPShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zNrsjA65n9fd" style="text-align: right" title="Net loss per share - basic">(0.22</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 0.125in; text-indent: -0.125in">Diluted</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 0.25in; text-indent: -0.125in">Net loss</td><td> </td> <td style="text-align: left">$</td><td id="xdx_982_eus-gaap--NetIncomeLoss_pn3n3_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zPV3XPHEhKe7" style="text-align: right" title="Net loss">(8,749</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_985_eus-gaap--NetIncomeLoss_pn3n3_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zrj5hJIKAxP4" style="text-align: right" title="Net loss">(1,037</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--NetIncomeLoss_pn3n3_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_z6uPFsSV4Rci" style="text-align: right" title="Net loss">(11,375</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_eus-gaap--NetIncomeLoss_pn3n3_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zGQnMeUMaxNj" style="text-align: right" title="Net loss">(3,609</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 0.25in; text-indent: -0.125in">Weighted average number of shares used in computing net loss per share – basic</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zNTRhOZEWZZe" style="text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,462</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zNggfHb6Q4qd" style="text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,320</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_ziEtr0nVZvjf" style="text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,462</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zfmbFJVkhfb2" style="text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,331</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 0.375in; text-indent: -0.125in">Dilutive effects of:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 0.5in; text-indent: -0.125in">Restricted stock awards</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_d0_uShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zP3PLOCMe9Kk" style="border-bottom: Black 1pt solid; text-align: right" title="Dilutive effects of Restricted stock awards">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_d0_uShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zFrS2yib6QQc" style="border-bottom: Black 1pt solid; text-align: right" title="Dilutive effects of Restricted stock awards">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_d0_uShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zi3nmq0Gttkf" style="border-bottom: Black 1pt solid; text-align: right" title="Dilutive effects of Restricted stock awards">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_d0_uShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zptVqC5zXDpg" style="border-bottom: Black 1pt solid; text-align: right" title="Dilutive effects of Restricted stock awards">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 0.25in; text-indent: -0.125in">Weighted average number of shares used in computing net loss per share – diluted</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_uShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zRnbiB2FYRgi" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - diluted">16,462</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_uShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zfFsMK2mSth5" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - diluted">16,320</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_uShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zwLHNGQYHJC9" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - diluted">16,462</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_uShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zVrqdEbyaVw6" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - diluted">16,331</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0.25in; text-indent: -0.125in">Net loss per share - diluted</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--EarningsPerShareDiluted_pid_uUSDPShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zBJtsSaMxh8d" style="border-bottom: Black 2.5pt double; text-align: right" title="Net loss per share - diluted">(0.53</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--EarningsPerShareDiluted_pid_uUSDPShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zP2lpnGgAHU9" style="border-bottom: Black 2.5pt double; text-align: right" title="Net loss per share - diluted">(0.06</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--EarningsPerShareDiluted_pid_uUSDPShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zoeKf6vdb2s4" style="border-bottom: Black 2.5pt double; text-align: right" title="Net loss per share - diluted">(0.69</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--EarningsPerShareDiluted_pid_uUSDPShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zAdNt1GSLnCe" style="border-bottom: Black 2.5pt double; text-align: right" title="Net loss per share - diluted">(0.22</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 0.125in; text-indent: -0.125in"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 0.125in; text-indent: -0.125in">The shares in full amount listed below were not included in the computation of diluted net loss</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 0.125in; text-indent: -0.125in">per share because to do so would have been antidilutive for the periods presented:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 0.375in; text-indent: -0.125in">Restricted stock awards</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_d0_uShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--RestrictedStockawardsMember_zSOScUe9Ihte" style="text-align: right" title="Antidilutive securities">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_uShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--RestrictedStockawardsMember_za3PE606aWE5" style="text-align: right" title="Antidilutive securities">120,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_d0_uShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--RestrictedStockawardsMember_zYfML9SbH62i" style="text-align: right" title="Antidilutive securities">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_uShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--RestrictedStockawardsMember_zAL1NdBNQte4" style="text-align: right" title="Antidilutive securities">120,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 0.375in; text-indent: -0.125in">Stock options</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_uShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--StockOptionsMember_zCLIesuaYns" style="text-align: right" title="Antidilutive securities">77,550</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_uShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--StockOptionsMember_ztLS2pQVcsuc" style="text-align: right" title="Antidilutive securities">77,550</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_uShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--StockOptionsMember_znApGjxfjfCf" style="text-align: right" title="Antidilutive securities">77,550</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_uShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--StockOptionsMember_zWsNNp5eO15d" style="text-align: right" title="Antidilutive securities">77,550</td><td style="text-align: left"> </td></tr> </table> Diluted net loss per share for the three and six months ended June 30, 2026 and 2025 excludes the dilutive effect of any stock options or shares issued under restricted stock awards, as the inclusion would be antidilutive due to the Company’s net losses during the periods. Leases The Company evaluates arrangements at inception to determine if an arrangement is or contains a lease. Operating lease assets represent the Company’s right to control an underlying asset for the lease term, and operating lease liability represents the Company’s obligation to make lease payments arising from the lease. Control of an underlying asset is conveyed to the Company if the Company obtains the rights to direct the use of and to obtain substantially all of the economic benefits from using the underlying asset. Operating lease assets and liabilities are recognized at the commencement date of the lease based upon the present value of lease payments over the lease term. When determining the lease term, the Company includes options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. The Company uses an incremental borrowing rate that the Company would expect to incur for a fully collateralized loan over a similar term under similar economic conditions to determine the present value of the lease payments. The Company has lease agreements which include lease and non-lease components, which the Company has elected to account for as a single lease component for all classes of underlying assets. The lease payments used to determine the Company’s operating lease assets may include lease incentives, and stated rent increases are recognized in the Company’s operating lease assets in the Company’s condensed consolidated balance sheets. Operating lease assets are amortized to rent expense over the lease term and included in operating expenses in the condensed consolidated statements of loss. For leases in which the Company is the lessor, the Company identifies the lease and non-lease components and allocates the contract consideration to the different components on a relative stand-alone selling price basis at lease inception. The Company uses a residual approach for the components when the stand-alone selling price is not directly observable or those for which the Company has not established a price. The Company has elected the practical expedient to combine lease and non-lease components when the components qualify to be combined. Continuous supporting services are the primary non-lease components and are not predominant. As a result, the combined components are accounted for as a lease under ASC 842. The revenues from non-lease components that are not qualified to be combined are recognized when the services are rendered under ASC 606. The revenues from non-lease components were $25 thousand and $29 thousand for the three months ended June 30, 2026 and 2025, respectively, and $25 thousand and $0.2 million for the six months ended June 30, 2026 and 2025, respectively. For operating leases where the Company is the lessor, the Company recognizes the underlying assets and depreciates them over the estimated useful life, which is based upon the residual value expected at the end of the lease term. Lease income is recognized on a straight-line basis over the lease term when the lease payment is determined. Leasing revenue is not recognized when collection of all contractual rents over the term of the agreement is not probable. When collection is not probable, the Company limits the lease revenue to the lesser of the revenue recognized on a straight-line basis or cash basis. The lease income is included in revenues in the condensed consolidated statements of loss. Variable lease payments associated with the leases are recognized when the event, activity, or circumstance in the lease agreement on which those payments are assessed occurs. Variable lease payments are presented within revenues in the condensed consolidated statements of loss. Income Taxes The Company recognizes deferred tax assets and liabilities for the expected future tax consequences of events that have been recognized in the Company’s condensed consolidated financial statements or tax returns. Under this method, deferred tax assets and liabilities are determined based on differences between the financial statement carrying amounts and the tax bases of the assets and liabilities using the enacted tax rates in effect in the years in which the differences are expected to reverse. A valuation allowance against deferred tax assets is recorded if, based on the weight of the available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. In July 2025, the One Big Beautiful Bill Act (the “Tax Act”) was enacted, introducing various changes to U.S. corporate taxation, including provisions permitting 100% bonus depreciation on qualified property and immediate expensing of research and development expenditures. The effects of the Tax Act have been reflected in the Company’s results beginning in the third quarter of 2025. The Tax Act did not have a material impact on the Company’s income tax expense or effective tax rate for the period. Uncertain tax positions are recognized in the condensed consolidated financial statements only if that position is more likely than not to be sustained upon examination by taxing authorities, based on the technical merits of the position. The Company’s practice is to recognize interest and/or penalties related to income tax matters in income tax expense. Recent Accounting Pronouncements In November 2024, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures, which requires entities to (i) disclose amounts of (a) purchase of inventory, (b) employee compensation, (c) depreciation, (d) intangible asset amortization, and (e) depreciation, depletion, and amortization recognized as part of oil-and gas-producing activities, (ii) include certain amounts that are already required to be disclosed under current GAAP in the same disclosures as other disaggregation requirements, (iii) disclose a qualitative description of the amounts remaining in relevant expense captions that are not necessarily disaggregated quantitatively, and (iv) disclose the total amount of selling expenses on an interim and annual reporting basis and, in annual reporting periods, disclose the entity’s definition of selling expense. ASU No. 2024-03 is effective for annual reporting periods beginning after December 15, 2026 and interim reporting periods beginning after December 15, 2027. Early adoption is permitted. The Company is currently evaluating ASU No. 2024-03 to determine the impact it may have on its condensed consolidated financial statements. In December 2025, the FASB issued ASU No. 2025-11, Interim Reporting (Topic 270), which is intended to improve the navigability of the guidance in ASC 270, Interim Reporting, and clarify when it applies. Under the amendments, an entity is subject to ASC 270 if it provides interim financial statements and notes in accordance with GAAP. ASU No. 2025-11 also addresses the form and content of such financial statements, interim disclosures requirements, and establishes a principle under which an entity must disclose events since the end of the last annual reporting period that have a material impact on the entity. ASU No. 2025-11 is effective for interim reporting periods within annual reporting periods beginning after December 15, 2027. Early adoption is permitted. The Company is currently evaluating ASU No. 2025-11 to determine the impact it may have on its condensed consolidated financial statements.

Description of the Business Sensus Healthcare, Inc. (together with its subsidiaries, unless the context otherwise indicates, “Sensus” or the “Company”) is a manufacturer of radiation therapy devices sold to healthcare providers globally through its distribution and marketing network. The Company operates from its corporate headquarters located in Boca Raton, Florida. In 2024, the Company formed Sensus Healthcare Services, LLC, a wholly owned subsidiary that provides operational healthcare services to dermatology clinics in the form of leased equipment, radiation oncology oversight and physicist oversight, and on-site device operation by radiotherapy technologists where the Company receives a contractual percentage of all superficial radiation therapy (“SRT”) reimbursement to the practice.

Basis of Presentation and Principles of Consolidation These condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and include the accounts of the Company and its subsidiaries. Accounts and transactions between consolidated entities have been eliminated. These financial statements have been prepared in accordance with GAAP for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. They do not include all of the information and notes required by GAAP. In the opinion of management, all adjustments considered necessary for a fair presentation of the results have been included. Operating results for the six months ended June 30, 2026 are not necessarily indicative of the results that may be expected for the year ending December 31, 2026 or for any other period. The condensed consolidated balance sheet as of December 31, 2025 has been derived from the audited financial statements at that date, but does not include all of the information and notes required by GAAP for complete financial statements. For further information, refer to the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 (the “2025 Annual Report”).

Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, including disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expense during the reporting periods. Actual results could differ from those estimates.

Revenue Recognition The Company derives revenue from sales of the Company’s devices and services related to maintaining and repairing the devices as part of a service contract or on an ad-hoc basis without a service contract. The Company provides warranties, generally for one year, in conjunction with the sale of its products. These warranties entitle the customer to repair, replacement, or modification of the defective product, subject to the terms of the relevant warranty. The Company has determined that these warranties do not represent separate performance obligations, as the customer does not have the option to purchase the warranty separately and the warranty does not provide the customer with a service in addition to the assurance that the product complies with agreed-upon specifications. The Company records an estimate of future warranty claims at the time it recognizes revenue from the sale of the device based upon management’s estimate of the future claims rate. Revenue is recognized upon transfer of control of promised goods or services to customers when the product is shipped or the service is rendered, based on the amount the Company expects to receive in exchange for those goods or services. The Company enters into contracts that can include multiple services, which are accounted for separately if they are determined to be distinct. To determine the transaction price for contracts in which a customer promises consideration in a form other than cash, the Company measures the estimated fair value of the noncash consideration at contract inception. If the Company cannot reasonably estimate the fair value of the noncash consideration, the Company measures the consideration indirectly by reference to the stand-alone selling price of the products promised to the customer or class of customer in exchange for the consideration. Our service contracts include maintenance or repair service for device purchases and personnel service to assist in the use and operation of leased-out equipment under lease agreements where the Company is the lessor. The revenues from maintenance or repair service contracts are recognized over the service contract period on a straight-line basis. In the event that a customer does not sign a service contract, but requests maintenance or repair services after the warranty expires, the Company recognizes revenue when the service is rendered. There is no termination provision in the service contract or any penalties in practice for cancellation of the service contract. The revenues from personnel service contracts are recognized in the period during which the work is performed, as the Company has elected the practical expedient under Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with Customers, to recognize revenue in the amount that the Company has a right to invoice. The service contracts can be terminated by mutual written agreement. The Company has determined that in practice no significant discount is given on service contracts when offered with the device purchase or equipment lease as compared to when sold on a stand-alone basis. The service level provided is identical whether the service contract is purchased on a stand-alone basis or together with the device purchase or equipment lease. The Company may also incur preparation cost to ensure the customer’s space meets the requirement and specifications for the operation of the equipment. The preparation cost is expensed as incurred. The Company also generates revenue from leases in which the Company is the lessor. The Company identifies the lease and non-lease components and allocates the contract consideration on a relative stand-alone selling price basis at lease inception. The Company has elected the practical expedient to combine lease and non-lease components when the components qualify to be combined, and such combined components are accounted for as a lease under ASC 842, Leases. Revenues from non-lease components that are not qualified to be combined are recognized under ASC 606 when the related services are rendered. The components of disaggregated revenue for the three and six months ended June 30, 2026 and 2025 were as follows: Schedule of Total Revenue <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">For the Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">For the Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 48%; text-align: left">Product Revenue - recognized at a point in time</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--Revenues_pn3n3_uUSD_c20260401__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember_zScdS1qku6kk" style="width: 10%; text-align: right" title="Product Revenue - recognized at a point in time">1,241</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--Revenues_pn3n3_uUSD_c20250401__20250630__srt--ProductOrServiceAxis__us-gaap--ProductMember_zoEIkqbidi77" style="width: 10%; text-align: right" title="Product Revenue - recognized at a point in time">5,390</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--Revenues_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember_z9Q63dCdAyx6" style="width: 10%; text-align: right" title="Product Revenue - recognized at a point in time">2,894</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--Revenues_pn3n3_uUSD_c20250101__20250630__srt--ProductOrServiceAxis__us-gaap--ProductMember_z58tbPMJMV15" style="width: 10%; text-align: right" title="Product Revenue - recognized at a point in time">12,098</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Product Revenue - recognized over time</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--Revenues_pn3n3_uUSD_c20260401__20260630__srt--ProductOrServiceAxis__custom--ProductRevenueMember_zM9doGP2jxpc" style="text-align: right" title="Product Revenue - recognized over time">324</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--Revenues_pn3n3_uUSD_c20250401__20250630__srt--ProductOrServiceAxis__custom--ProductRevenueMember_zzuPFQKGIs0i" style="text-align: right" title="Product Revenue - recognized over time">358</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--Revenues_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__custom--ProductRevenueMember_zJJmexo8EfC2" style="text-align: right" title="Product Revenue - recognized over time">667</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--Revenues_pn3n3_uUSD_c20250101__20250630__srt--ProductOrServiceAxis__custom--ProductRevenueMember_z2XxeWlDWXKf" style="text-align: right" title="Product Revenue - recognized over time">557</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Service Revenue - recognized at a point in time</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--Revenues_pn3n3_uUSD_c20260401__20260630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_ziR6TE37ntWj" style="text-align: right" title="Service Revenue - recognized at a point in time">395</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--Revenues_pn3n3_uUSD_c20250401__20250630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_zETPUAtPsHm1" style="text-align: right" title="Service Revenue - recognized at a point in time">726</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--Revenues_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_z92SRDT0aChk" style="text-align: right" title="Service Revenue - recognized at a point in time">918</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--Revenues_pn3n3_uUSD_c20250101__20250630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_z9sxSnEPyxv6" style="text-align: right" title="Service Revenue - recognized at a point in time">1,350</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Service Revenue - recognized over time</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--Revenues_pn3n3_uUSD_c20260401__20260630__srt--ProductOrServiceAxis__custom--ServiceRevenueMember_zZGK6PeKEhY1" style="border-bottom: Black 1pt solid; text-align: right" title="Service Revenue - recognized over time">330</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--Revenues_pn3n3_uUSD_c20250401__20250630__srt--ProductOrServiceAxis__custom--ServiceRevenueMember_zKPZZwj0jDTe" style="border-bottom: Black 1pt solid; text-align: right" title="Service Revenue - recognized over time">841</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--Revenues_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__custom--ServiceRevenueMember_zwuRXetxsSag" style="border-bottom: Black 1pt solid; text-align: right" title="Service Revenue - recognized over time">1,205</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--Revenues_pn3n3_uUSD_c20250101__20250630__srt--ProductOrServiceAxis__custom--ServiceRevenueMember_zpk0reskIDI5" style="border-bottom: Black 1pt solid; text-align: right" title="Service Revenue - recognized over time">1,654</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total Revenue</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--Revenues_pn3n3_uUSD_c20260401__20260630_zLQACRgHhwTb" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">2,290</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--Revenues_pn3n3_uUSD_c20250401__20250630_zFxpj45pEeFc" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">7,315</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--Revenues_pn3n3_uUSD_c20260101__20260630_zDGCnQWGIgc5" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">5,684</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--Revenues_pn3n3_uUSD_c20250101__20250630_z0JjuJB9XQJh" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">15,659</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> The Company operates in a highly regulated environment, primarily in the U.S. dermatology market, in which state regulatory approval is sometimes required prior to the customer being able to use the product. In cases where such regulatory approval is pending, revenue is deferred until such time as regulatory approval is obtained. Deferred revenue activity as of June 30, 2026 was as follows: Schedule of Deferred Revenue <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Product</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Service</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 61%">December 31, 2025</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--ContractWithCustomerLiability_iS_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember_zLkb2vRgEnZ4" style="width: 10%; text-align: right" title="Beginning Balance">351</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--ContractWithCustomerLiability_iS_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_zyFem15PMl2a" style="width: 10%; text-align: right" title="Beginning Balance">501</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--ContractWithCustomerLiability_iS_pn3n3_uUSD_c20260101__20260630_z0BluxeC7v8a" style="width: 10%; text-align: right" title="Beginning Balance">852</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Revenue recognized</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ContractWithCustomerLiabilityRevenueRecognized_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember_zesxAZbkV4Z8" style="text-align: right" title="Revenue recognized">(280</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ContractWithCustomerLiabilityRevenueRecognized_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_zWS6mDb3b0af" style="text-align: right" title="Revenue recognized">(1,205</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ContractWithCustomerLiabilityRevenueRecognized_pn3n3_uUSD_c20260101__20260630_zZtkVGhS4ap1" style="text-align: right" title="Revenue recognized">(1,485</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Amounts invoiced</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_ecustom--ContractWithCustomerLiabilityAmountsInvoiced_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember_zUU0kNqGzpSj" style="border-bottom: Black 1pt solid; text-align: right" title="Amounts invoiced">38</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_ecustom--ContractWithCustomerLiabilityAmountsInvoiced_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_zb8qgx18FDXa" style="border-bottom: Black 1pt solid; text-align: right" title="Amounts invoiced">1,214</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_ecustom--ContractWithCustomerLiabilityAmountsInvoiced_pn3n3_uUSD_c20260101__20260630_zdvgUsoUr1na" style="border-bottom: Black 1pt solid; text-align: right" title="Amounts invoiced">1,252</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; padding-bottom: 2.5pt">June 30, 2026</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--ContractWithCustomerLiability_iE_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember_zPDZCSPzxREg" style="border-bottom: Black 2.5pt double; text-align: right" title="Ending Balance">109</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--ContractWithCustomerLiability_iE_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_zYhnsXtKOWo8" style="border-bottom: Black 2.5pt double; text-align: right" title="Ending Balance">510</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--ContractWithCustomerLiability_iE_pn3n3_uUSD_c20260101__20260630_zjQLA40oZZLf" style="border-bottom: Black 2.5pt double; text-align: right" title="Ending Balance">619</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Remaining performance obligations of deposits for products have original expected durations of one year or less. Estimated service revenue to be recognized in the future related to the performance obligations that are unsatisfied (or partially unsatisfied) as of June 30, 2026 is as follows: Schedule of Remaining Performance Obligations <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 95%; margin-right: auto"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">Year</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20260630__srt--ProductOrServiceAxis__custom--ServiceRevenueMember_zmqI7oE0V8Uh" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Service Revenue</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40E_ecustom--RevenueRemainingPerformanceObligationNextTwelveMonths_iI_pn3n3_uUSD_zVyqLrkIImck" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 86%; text-align: left">2026 (July 1 - December 31, 2026)</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 10%; text-align: right">408</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_409_ecustom--RevenueRemainingPerformanceObligationYearTwo_iI_pn3n3_uUSD_z52DSnmdUvL9" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; text-align: left">2027</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">102</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--ContractWithCustomerLiability_iI_pn3n3_uUSD_z1O3M3ChANUi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">Total</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">510</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> For the six months ended June 30, 2026 and 2025, the Company paid commissions for certain equipment sales. Because commissions are expected to be recovered through product revenue within one year, the Company expenses commissions as incurred. In addition, the Company incurs commissions associated with equipment lease agreements, which are accounted for as initial direct costs and recorded in other noncurrent assets in the condensed consolidated balance sheets. The commission is capitalized at the commencement of the lease and recognized as an expense in selling and marketing expenses over the lease term. Shipping and handling costs are expensed as incurred and are included in cost of sales.

The components of disaggregated revenue for the three and six months ended June 30, 2026 and 2025 were as follows: Schedule of Total Revenue <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">For the Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">For the Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 48%; text-align: left">Product Revenue - recognized at a point in time</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--Revenues_pn3n3_uUSD_c20260401__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember_zScdS1qku6kk" style="width: 10%; text-align: right" title="Product Revenue - recognized at a point in time">1,241</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--Revenues_pn3n3_uUSD_c20250401__20250630__srt--ProductOrServiceAxis__us-gaap--ProductMember_zoEIkqbidi77" style="width: 10%; text-align: right" title="Product Revenue - recognized at a point in time">5,390</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--Revenues_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember_z9Q63dCdAyx6" style="width: 10%; text-align: right" title="Product Revenue - recognized at a point in time">2,894</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--Revenues_pn3n3_uUSD_c20250101__20250630__srt--ProductOrServiceAxis__us-gaap--ProductMember_z58tbPMJMV15" style="width: 10%; text-align: right" title="Product Revenue - recognized at a point in time">12,098</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Product Revenue - recognized over time</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--Revenues_pn3n3_uUSD_c20260401__20260630__srt--ProductOrServiceAxis__custom--ProductRevenueMember_zM9doGP2jxpc" style="text-align: right" title="Product Revenue - recognized over time">324</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--Revenues_pn3n3_uUSD_c20250401__20250630__srt--ProductOrServiceAxis__custom--ProductRevenueMember_zzuPFQKGIs0i" style="text-align: right" title="Product Revenue - recognized over time">358</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--Revenues_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__custom--ProductRevenueMember_zJJmexo8EfC2" style="text-align: right" title="Product Revenue - recognized over time">667</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--Revenues_pn3n3_uUSD_c20250101__20250630__srt--ProductOrServiceAxis__custom--ProductRevenueMember_z2XxeWlDWXKf" style="text-align: right" title="Product Revenue - recognized over time">557</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Service Revenue - recognized at a point in time</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--Revenues_pn3n3_uUSD_c20260401__20260630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_ziR6TE37ntWj" style="text-align: right" title="Service Revenue - recognized at a point in time">395</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--Revenues_pn3n3_uUSD_c20250401__20250630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_zETPUAtPsHm1" style="text-align: right" title="Service Revenue - recognized at a point in time">726</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--Revenues_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_z92SRDT0aChk" style="text-align: right" title="Service Revenue - recognized at a point in time">918</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--Revenues_pn3n3_uUSD_c20250101__20250630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_z9sxSnEPyxv6" style="text-align: right" title="Service Revenue - recognized at a point in time">1,350</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Service Revenue - recognized over time</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--Revenues_pn3n3_uUSD_c20260401__20260630__srt--ProductOrServiceAxis__custom--ServiceRevenueMember_zZGK6PeKEhY1" style="border-bottom: Black 1pt solid; text-align: right" title="Service Revenue - recognized over time">330</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--Revenues_pn3n3_uUSD_c20250401__20250630__srt--ProductOrServiceAxis__custom--ServiceRevenueMember_zKPZZwj0jDTe" style="border-bottom: Black 1pt solid; text-align: right" title="Service Revenue - recognized over time">841</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--Revenues_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__custom--ServiceRevenueMember_zwuRXetxsSag" style="border-bottom: Black 1pt solid; text-align: right" title="Service Revenue - recognized over time">1,205</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--Revenues_pn3n3_uUSD_c20250101__20250630__srt--ProductOrServiceAxis__custom--ServiceRevenueMember_zpk0reskIDI5" style="border-bottom: Black 1pt solid; text-align: right" title="Service Revenue - recognized over time">1,654</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total Revenue</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--Revenues_pn3n3_uUSD_c20260401__20260630_zLQACRgHhwTb" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">2,290</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--Revenues_pn3n3_uUSD_c20250401__20250630_zFxpj45pEeFc" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">7,315</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--Revenues_pn3n3_uUSD_c20260101__20260630_zDGCnQWGIgc5" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">5,684</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--Revenues_pn3n3_uUSD_c20250101__20250630_z0JjuJB9XQJh" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">15,659</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

1241000

5390000

2894000

12098000

324000

358000

667000

557000

395000

726000

918000

1350000

330000

841000

1205000

1654000

2290000

7315000

5684000

15659000

Deferred revenue activity as of June 30, 2026 was as follows: Schedule of Deferred Revenue <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Product</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Service</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 61%">December 31, 2025</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--ContractWithCustomerLiability_iS_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember_zLkb2vRgEnZ4" style="width: 10%; text-align: right" title="Beginning Balance">351</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--ContractWithCustomerLiability_iS_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_zyFem15PMl2a" style="width: 10%; text-align: right" title="Beginning Balance">501</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--ContractWithCustomerLiability_iS_pn3n3_uUSD_c20260101__20260630_z0BluxeC7v8a" style="width: 10%; text-align: right" title="Beginning Balance">852</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Revenue recognized</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ContractWithCustomerLiabilityRevenueRecognized_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember_zesxAZbkV4Z8" style="text-align: right" title="Revenue recognized">(280</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ContractWithCustomerLiabilityRevenueRecognized_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_zWS6mDb3b0af" style="text-align: right" title="Revenue recognized">(1,205</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ContractWithCustomerLiabilityRevenueRecognized_pn3n3_uUSD_c20260101__20260630_zZtkVGhS4ap1" style="text-align: right" title="Revenue recognized">(1,485</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Amounts invoiced</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_ecustom--ContractWithCustomerLiabilityAmountsInvoiced_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember_zUU0kNqGzpSj" style="border-bottom: Black 1pt solid; text-align: right" title="Amounts invoiced">38</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_ecustom--ContractWithCustomerLiabilityAmountsInvoiced_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_zb8qgx18FDXa" style="border-bottom: Black 1pt solid; text-align: right" title="Amounts invoiced">1,214</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_ecustom--ContractWithCustomerLiabilityAmountsInvoiced_pn3n3_uUSD_c20260101__20260630_zdvgUsoUr1na" style="border-bottom: Black 1pt solid; text-align: right" title="Amounts invoiced">1,252</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; padding-bottom: 2.5pt">June 30, 2026</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--ContractWithCustomerLiability_iE_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember_zPDZCSPzxREg" style="border-bottom: Black 2.5pt double; text-align: right" title="Ending Balance">109</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--ContractWithCustomerLiability_iE_pn3n3_uUSD_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ServiceMember_zYhnsXtKOWo8" style="border-bottom: Black 2.5pt double; text-align: right" title="Ending Balance">510</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--ContractWithCustomerLiability_iE_pn3n3_uUSD_c20260101__20260630_zjQLA40oZZLf" style="border-bottom: Black 2.5pt double; text-align: right" title="Ending Balance">619</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

351000

501000

852000

-280000

-1205000

-1485000

38000 1214000 1252000

109000

510000

619000

Remaining performance obligations of deposits for products have original expected durations of one year or less. Estimated service revenue to be recognized in the future related to the performance obligations that are unsatisfied (or partially unsatisfied) as of June 30, 2026 is as follows: Schedule of Remaining Performance Obligations <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 95%; margin-right: auto"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">Year</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20260630__srt--ProductOrServiceAxis__custom--ServiceRevenueMember_zmqI7oE0V8Uh" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Service Revenue</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40E_ecustom--RevenueRemainingPerformanceObligationNextTwelveMonths_iI_pn3n3_uUSD_zVyqLrkIImck" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 86%; text-align: left">2026 (July 1 - December 31, 2026)</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 10%; text-align: right">408</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_409_ecustom--RevenueRemainingPerformanceObligationYearTwo_iI_pn3n3_uUSD_z52DSnmdUvL9" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; text-align: left">2027</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">102</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--ContractWithCustomerLiability_iI_pn3n3_uUSD_z1O3M3ChANUi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">Total</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">510</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

408000 102000

510000

Concentration Financial instruments that potentially subject the Company to concentration of credit risk consist primarily of cash and cash equivalents and accounts receivable. Two customers located in the U.S. accounted for <span id="xdx_906_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uRatio_c20260401__20260630__srt--MajorCustomersAxis__custom--USCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zaUybJCNIKmh" title="Concentration Risk, Percentage">19% and <span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uRatio_c20260401__20260630__srt--MajorCustomersAxis__custom--USCustomerOneMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zG7FcZ8dJQTg" title="Concentration Risk, Percentage">10% of revenue, respectively, for the three months ended June 30, 2026, and one customer located in the U.S. accounted for <span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uRatio_c20250401__20250630__srt--MajorCustomersAxis__custom--USCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_ztBOpip8Gx9c" title="Concentration Risk, Percentage">56% of revenue for the three months ended June 30, 2025. One customer located in the U.S. and one customer located in China accounted for <span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uRatio_c20260101__20260630__srt--MajorCustomersAxis__custom--ChinaCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_z8ZHWiW6JRhj" title="Concentration Risk, Percentage">16% and <span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uRatio_c20260101__20260630__srt--MajorCustomersAxis__custom--ChinaCustomerOneMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zIVSMZgAwDWb" title="Concentration Risk, Percentage">15% of revenue, respectively, for the six months ended June 30, 2026, and one customer located in the U.S. accounted for <span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uRatio_c20250101__20250630__srt--MajorCustomersAxis__custom--USCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zcWP5FNOzNYk" title="Concentration Risk, Percentage">63% of revenue for the six months ended June 30, 2025. Four customers located in the U.S. accounted for <span id="xdx_908_ecustom--ConcentrationOfRiskPercentage_iI_pid_dp_uRatio_c20260630__srt--MajorCustomersAxis__custom--USCustomerOneMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_z694QioQcBt" title="Concentration Risk, Percentage">28%, <span id="xdx_906_ecustom--ConcentrationOfRiskPercentage_iI_pid_dp_uRatio_c20260630__srt--MajorCustomersAxis__custom--USCustomerTwoMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zhj8inhv6T92" title="Concentration Risk, Percentage">25%, <span id="xdx_905_ecustom--ConcentrationOfRiskPercentage_iI_pid_dp_uRatio_c20260630__srt--MajorCustomersAxis__custom--USCustomerThreeMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_z331kuu5UkTl" title="Concentration Risk, Percentage">16%, and <span id="xdx_907_ecustom--ConcentrationOfRiskPercentage_iI_pid_dp_uRatio_c20260630__srt--MajorCustomersAxis__custom--CustomerFourMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zYX0xmuiK5X9" title="Concentration Risk, Percentage">14% of accounts receivable, respectively, as of June 30, 2026, and one customer located in the U.S. accounted for <span id="xdx_903_ecustom--ConcentrationOfRiskPercentage_iI_pid_dp_uRatio_c20251231__srt--MajorCustomersAxis__custom--USCustomerOneMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zqiOve4CpM4" title="Concentration Risk, Percentage">65% of accounts receivable as of December 31, 2025.

0.19

0.10

0.56

0.16

0.15

0.63

0.28 0.25 0.16 0.14 0.65 Geographical Information The following table illustrates total revenue for the three and six months ended June 30, 2026 and 2025 by geographic region. Schedule of Total Revenue by geographic region <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="14" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the Three Months Ended June 30,</td><td style="font-weight: bold; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2026</td><td style="border-bottom: Black 1pt solid; font-weight: bold; padding-bottom: 1pt"> </td><td style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2025</td><td style="border-bottom: Black 1pt solid; font-weight: bold; padding-bottom: 1pt"> </td><td style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; text-align: left">United States</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--Revenues_pn3n3_c20260401__20260630__srt--StatementGeographicalAxis__country--US_zqgIPAubBqmj" style="width: 8%; text-align: right" title="Revenue by Country">1,790</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_982_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260401__20260630__srt--StatementGeographicalAxis__country--US_zFfYzGfECLo3" style="width: 8%; text-align: right" title="Percentage of Revenue">78</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--Revenues_pn3n3_c20250401__20250630__srt--StatementGeographicalAxis__country--US_zYGy2qxj10Qi" style="width: 8%; text-align: right" title="Revenue by Country">6,712</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98C_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250401__20250630__srt--StatementGeographicalAxis__country--US_zZv3xfTI1e3f" style="width: 8%; text-align: right" title="Percentage of Revenue">92</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>China</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--Revenues_pn3n3_c20260401__20260630__srt--StatementGeographicalAxis__country--CN_zKmxgQNAFTRh" style="text-align: right" title="Revenue by Country">189</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260401__20260630__srt--StatementGeographicalAxis__country--CN_zq5sTjM1xDk4" style="text-align: right" title="Percentage of Revenue">8</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--Revenues_pn3n3_c20250401__20250630__srt--StatementGeographicalAxis__country--CN_ziVcBmY8exua" style="text-align: right" title="Revenue by Country">587</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250401__20250630__srt--StatementGeographicalAxis__country--CN_zDUzxPXq5zs3" style="text-align: right" title="Percentage of Revenue">8</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Korea</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--Revenues_pn3n3_c20260401__20260630__srt--StatementGeographicalAxis__country--KR_zVVkLdh21pZa" style="text-align: right" title="Revenue by Country">145</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260401__20260630__srt--StatementGeographicalAxis__country--KR_zeJSw8jSc2wk" style="text-align: right" title="Percentage of Revenue">6</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--Revenues_pn3n3_d0_c20250401__20250630__srt--StatementGeographicalAxis__country--KR_zAOK3u3inYZc" style="text-align: right" title="Revenue by Country">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250401__20250630__srt--StatementGeographicalAxis__country--KR_zVFZfyR3MP2l" style="text-align: right" title="Percentage of Revenue">0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Georgia</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--Revenues_pn3n3_c20260401__20260630__srt--StatementGeographicalAxis__country--GE_zZiQ9nIOAUdk" style="text-align: right" title="Revenue by Country">140</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260401__20260630__srt--StatementGeographicalAxis__country--GE_zvcKHQkZE3Sa" style="text-align: right" title="Percentage of Revenue">6</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--Revenues_pn3n3_d0_c20250401__20250630__srt--StatementGeographicalAxis__country--GE_z2zUsTZF2YK5" style="text-align: right" title="Revenue by Country">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250401__20250630__srt--StatementGeographicalAxis__country--GE_zXIt0ciyxug" style="text-align: right" title="Percentage of Revenue">0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--Revenues_pn3n3_c20260401__20260630__srt--StatementGeographicalAxis__custom--OtherMember_z3Y4muVvrRUl" style="border-bottom: Black 1pt solid; text-align: right" title="Revenue by Country">26</td><td style="text-align: left; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left; padding-bottom: 1pt"> </td><td id="xdx_98C_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260401__20260630__srt--StatementGeographicalAxis__custom--OtherMember_zf3UCt2O0Jfa" style="border-bottom: Black 1pt solid; text-align: right" title="Percentage of Revenue">2</td><td style="text-align: left; padding-bottom: 1pt">%</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_eus-gaap--Revenues_pn3n3_c20250401__20250630__srt--StatementGeographicalAxis__custom--OtherMember_zPvmFAyDjKag" style="border-bottom: Black 1pt solid; text-align: right" title="Revenue by Country">16</td><td style="text-align: left; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left; padding-bottom: 1pt"> </td><td id="xdx_98D_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250401__20250630__srt--StatementGeographicalAxis__custom--OtherMember_zFcCZfusq2ef" style="border-bottom: Black 1pt solid; text-align: right" title="Percentage of Revenue">0</td><td style="text-align: left; padding-bottom: 1pt">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total Revenue</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--Revenues_pn3n3_c20260401__20260630_zuICXJ05K0Pc" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">2,290</td><td style="text-align: left; padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt"> </td><td id="xdx_989_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260401__20260630_z9Zp3HbOnOVd" style="border-bottom: Black 2.5pt double; text-align: right" title="Percentage of Total Revenue">100</td><td style="text-align: left; padding-bottom: 2.5pt">%</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--Revenues_pn3n3_c20250401__20250630_zlnbiDEQ06xf" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">7,315</td><td style="text-align: left; padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt"> </td><td id="xdx_980_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250401__20250630_zyJ0Ej4O0tse" style="border-bottom: Black 2.5pt double; text-align: right" title="Percentage of Total Revenue">100</td><td style="text-align: left; padding-bottom: 2.5pt">%</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="14" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the Six Months Ended June 30,</td><td style="font-weight: bold; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2026</td><td style="border-bottom: Black 1pt solid; font-weight: bold; padding-bottom: 1pt"> </td><td style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2025</td><td style="border-bottom: Black 1pt solid; font-weight: bold; padding-bottom: 1pt"> </td><td style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; text-align: left">United States</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--Revenues_pn3n3_c20260101__20260630__srt--StatementGeographicalAxis__country--US_zKoUjpEpJEC4" style="width: 8%; text-align: right" title="Revenue by Country">4,328</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98F_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260101__20260630__srt--StatementGeographicalAxis__country--US_zB8rN96w9aJi" style="width: 8%; text-align: right" title="Percentage of Revenue">76</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--Revenues_pn3n3_c20250101__20250630__srt--StatementGeographicalAxis__country--US_zWcaMLVx13B2" style="width: 8%; text-align: right" title="Revenue by Country">14,863</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98F_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250101__20250630__srt--StatementGeographicalAxis__country--US_z5kTAsXHSPMj" style="width: 8%; text-align: right" title="Percentage of Revenue">95</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>China</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--Revenues_pn3n3_c20260101__20260630__srt--StatementGeographicalAxis__country--CN_zDMhL2fci2q2" style="text-align: right" title="Revenue by Country">1,015</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260101__20260630__srt--StatementGeographicalAxis__country--CN_zkczi6QNdTk3" style="text-align: right" title="Percentage of Revenue">18</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--Revenues_pn3n3_c20250101__20250630__srt--StatementGeographicalAxis__country--CN_z5WGYLy6IxWj" style="text-align: right" title="Revenue by Country">763</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250101__20250630__srt--StatementGeographicalAxis__country--CN_zNLvfHz2mSki" style="text-align: right" title="Percentage of Revenue">5</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Korea</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--Revenues_pn3n3_c20260101__20260630__srt--StatementGeographicalAxis__country--KR_zheYH5BhvyH2" style="text-align: right" title="Revenue by Country">145</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260101__20260630__srt--StatementGeographicalAxis__country--KR_zTa5uo4bt0ri" style="text-align: right" title="Percentage of Revenue">3</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--Revenues_pn3n3_d0_c20250101__20250630__srt--StatementGeographicalAxis__country--KR_z93LDUhIiAe8" style="text-align: right" title="Revenue by Country">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250101__20250630__srt--StatementGeographicalAxis__country--KR_zrb2Ppa3rwX8" style="text-align: right" title="Percentage of Revenue">0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Georgia</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--Revenues_pn3n3_c20260101__20260630__srt--StatementGeographicalAxis__country--GE_z6SqFdfJgdN4" style="text-align: right" title="Revenue by Country">140</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260101__20260630__srt--StatementGeographicalAxis__country--GE_z56mYNIP3Gg3" style="text-align: right" title="Percentage of Revenue">2</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--Revenues_pn3n3_d0_c20250101__20250630__srt--StatementGeographicalAxis__country--GE_zrz0ToZEW7L2" style="text-align: right" title="Revenue by Country">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250101__20250630__srt--StatementGeographicalAxis__country--GE_zBCGRCtsWxr1" style="text-align: right" title="Percentage of Revenue">0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--Revenues_pn3n3_c20260101__20260630__srt--StatementGeographicalAxis__custom--OtherMember_z9tjTcUyCj7e" style="border-bottom: Black 1pt solid; text-align: right" title="Revenue by Country">56</td><td style="text-align: left; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left; padding-bottom: 1pt"> </td><td id="xdx_986_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260101__20260630__srt--StatementGeographicalAxis__custom--OtherMember_zjj7ZI7BoH71" style="border-bottom: Black 1pt solid; text-align: right" title="Percentage of Revenue">1</td><td style="text-align: left; padding-bottom: 1pt">%</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--Revenues_pn3n3_c20250101__20250630__srt--StatementGeographicalAxis__custom--OtherMember_zSsS59ogOQf" style="border-bottom: Black 1pt solid; text-align: right" title="Revenue by Country">33</td><td style="text-align: left; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left; padding-bottom: 1pt"> </td><td id="xdx_984_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250101__20250630__srt--StatementGeographicalAxis__custom--OtherMember_zqNCt7Euj5xc" style="border-bottom: Black 1pt solid; text-align: right" title="Percentage of Revenue">0</td><td style="text-align: left; padding-bottom: 1pt">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total Revenue</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--Revenues_pn3n3_c20260101__20260630_zMtxkHzlzyX9" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">5,684</td><td style="text-align: left; padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt"> </td><td id="xdx_980_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260101__20260630_zVvZtGrQtrx4" style="border-bottom: Black 2.5pt double; text-align: right" title="Percentage of Total Revenue">100</td><td style="text-align: left; padding-bottom: 2.5pt">%</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--Revenues_pn3n3_c20250101__20250630_zGskFDsAlmgf" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">15,659</td><td style="text-align: left; padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt"> </td><td id="xdx_989_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250101__20250630_zLHRp9fA3VEk" style="border-bottom: Black 2.5pt double; text-align: right" title="Percentage of Total Revenue">100</td><td style="text-align: left; padding-bottom: 2.5pt">%</td></tr> </table>

The following table illustrates total revenue for the three and six months ended June 30, 2026 and 2025 by geographic region. Schedule of Total Revenue by geographic region <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="14" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the Three Months Ended June 30,</td><td style="font-weight: bold; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2026</td><td style="border-bottom: Black 1pt solid; font-weight: bold; padding-bottom: 1pt"> </td><td style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2025</td><td style="border-bottom: Black 1pt solid; font-weight: bold; padding-bottom: 1pt"> </td><td style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; text-align: left">United States</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--Revenues_pn3n3_c20260401__20260630__srt--StatementGeographicalAxis__country--US_zqgIPAubBqmj" style="width: 8%; text-align: right" title="Revenue by Country">1,790</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_982_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260401__20260630__srt--StatementGeographicalAxis__country--US_zFfYzGfECLo3" style="width: 8%; text-align: right" title="Percentage of Revenue">78</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--Revenues_pn3n3_c20250401__20250630__srt--StatementGeographicalAxis__country--US_zYGy2qxj10Qi" style="width: 8%; text-align: right" title="Revenue by Country">6,712</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98C_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250401__20250630__srt--StatementGeographicalAxis__country--US_zZv3xfTI1e3f" style="width: 8%; text-align: right" title="Percentage of Revenue">92</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>China</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--Revenues_pn3n3_c20260401__20260630__srt--StatementGeographicalAxis__country--CN_zKmxgQNAFTRh" style="text-align: right" title="Revenue by Country">189</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260401__20260630__srt--StatementGeographicalAxis__country--CN_zq5sTjM1xDk4" style="text-align: right" title="Percentage of Revenue">8</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--Revenues_pn3n3_c20250401__20250630__srt--StatementGeographicalAxis__country--CN_ziVcBmY8exua" style="text-align: right" title="Revenue by Country">587</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250401__20250630__srt--StatementGeographicalAxis__country--CN_zDUzxPXq5zs3" style="text-align: right" title="Percentage of Revenue">8</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Korea</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--Revenues_pn3n3_c20260401__20260630__srt--StatementGeographicalAxis__country--KR_zVVkLdh21pZa" style="text-align: right" title="Revenue by Country">145</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260401__20260630__srt--StatementGeographicalAxis__country--KR_zeJSw8jSc2wk" style="text-align: right" title="Percentage of Revenue">6</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--Revenues_pn3n3_d0_c20250401__20250630__srt--StatementGeographicalAxis__country--KR_zAOK3u3inYZc" style="text-align: right" title="Revenue by Country">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250401__20250630__srt--StatementGeographicalAxis__country--KR_zVFZfyR3MP2l" style="text-align: right" title="Percentage of Revenue">0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Georgia</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--Revenues_pn3n3_c20260401__20260630__srt--StatementGeographicalAxis__country--GE_zZiQ9nIOAUdk" style="text-align: right" title="Revenue by Country">140</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260401__20260630__srt--StatementGeographicalAxis__country--GE_zvcKHQkZE3Sa" style="text-align: right" title="Percentage of Revenue">6</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--Revenues_pn3n3_d0_c20250401__20250630__srt--StatementGeographicalAxis__country--GE_z2zUsTZF2YK5" style="text-align: right" title="Revenue by Country">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250401__20250630__srt--StatementGeographicalAxis__country--GE_zXIt0ciyxug" style="text-align: right" title="Percentage of Revenue">0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--Revenues_pn3n3_c20260401__20260630__srt--StatementGeographicalAxis__custom--OtherMember_z3Y4muVvrRUl" style="border-bottom: Black 1pt solid; text-align: right" title="Revenue by Country">26</td><td style="text-align: left; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left; padding-bottom: 1pt"> </td><td id="xdx_98C_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260401__20260630__srt--StatementGeographicalAxis__custom--OtherMember_zf3UCt2O0Jfa" style="border-bottom: Black 1pt solid; text-align: right" title="Percentage of Revenue">2</td><td style="text-align: left; padding-bottom: 1pt">%</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_eus-gaap--Revenues_pn3n3_c20250401__20250630__srt--StatementGeographicalAxis__custom--OtherMember_zPvmFAyDjKag" style="border-bottom: Black 1pt solid; text-align: right" title="Revenue by Country">16</td><td style="text-align: left; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left; padding-bottom: 1pt"> </td><td id="xdx_98D_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250401__20250630__srt--StatementGeographicalAxis__custom--OtherMember_zFcCZfusq2ef" style="border-bottom: Black 1pt solid; text-align: right" title="Percentage of Revenue">0</td><td style="text-align: left; padding-bottom: 1pt">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total Revenue</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--Revenues_pn3n3_c20260401__20260630_zuICXJ05K0Pc" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">2,290</td><td style="text-align: left; padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt"> </td><td id="xdx_989_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260401__20260630_z9Zp3HbOnOVd" style="border-bottom: Black 2.5pt double; text-align: right" title="Percentage of Total Revenue">100</td><td style="text-align: left; padding-bottom: 2.5pt">%</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--Revenues_pn3n3_c20250401__20250630_zlnbiDEQ06xf" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">7,315</td><td style="text-align: left; padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt"> </td><td id="xdx_980_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250401__20250630_zyJ0Ej4O0tse" style="border-bottom: Black 2.5pt double; text-align: right" title="Percentage of Total Revenue">100</td><td style="text-align: left; padding-bottom: 2.5pt">%</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="14" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the Six Months Ended June 30,</td><td style="font-weight: bold; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2026</td><td style="border-bottom: Black 1pt solid; font-weight: bold; padding-bottom: 1pt"> </td><td style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2025</td><td style="border-bottom: Black 1pt solid; font-weight: bold; padding-bottom: 1pt"> </td><td style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; text-align: left">United States</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--Revenues_pn3n3_c20260101__20260630__srt--StatementGeographicalAxis__country--US_zKoUjpEpJEC4" style="width: 8%; text-align: right" title="Revenue by Country">4,328</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98F_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260101__20260630__srt--StatementGeographicalAxis__country--US_zB8rN96w9aJi" style="width: 8%; text-align: right" title="Percentage of Revenue">76</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--Revenues_pn3n3_c20250101__20250630__srt--StatementGeographicalAxis__country--US_zWcaMLVx13B2" style="width: 8%; text-align: right" title="Revenue by Country">14,863</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98F_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250101__20250630__srt--StatementGeographicalAxis__country--US_z5kTAsXHSPMj" style="width: 8%; text-align: right" title="Percentage of Revenue">95</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>China</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--Revenues_pn3n3_c20260101__20260630__srt--StatementGeographicalAxis__country--CN_zDMhL2fci2q2" style="text-align: right" title="Revenue by Country">1,015</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260101__20260630__srt--StatementGeographicalAxis__country--CN_zkczi6QNdTk3" style="text-align: right" title="Percentage of Revenue">18</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--Revenues_pn3n3_c20250101__20250630__srt--StatementGeographicalAxis__country--CN_z5WGYLy6IxWj" style="text-align: right" title="Revenue by Country">763</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250101__20250630__srt--StatementGeographicalAxis__country--CN_zNLvfHz2mSki" style="text-align: right" title="Percentage of Revenue">5</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Korea</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--Revenues_pn3n3_c20260101__20260630__srt--StatementGeographicalAxis__country--KR_zheYH5BhvyH2" style="text-align: right" title="Revenue by Country">145</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260101__20260630__srt--StatementGeographicalAxis__country--KR_zTa5uo4bt0ri" style="text-align: right" title="Percentage of Revenue">3</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--Revenues_pn3n3_d0_c20250101__20250630__srt--StatementGeographicalAxis__country--KR_z93LDUhIiAe8" style="text-align: right" title="Revenue by Country">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250101__20250630__srt--StatementGeographicalAxis__country--KR_zrb2Ppa3rwX8" style="text-align: right" title="Percentage of Revenue">0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Georgia</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--Revenues_pn3n3_c20260101__20260630__srt--StatementGeographicalAxis__country--GE_z6SqFdfJgdN4" style="text-align: right" title="Revenue by Country">140</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260101__20260630__srt--StatementGeographicalAxis__country--GE_z56mYNIP3Gg3" style="text-align: right" title="Percentage of Revenue">2</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--Revenues_pn3n3_d0_c20250101__20250630__srt--StatementGeographicalAxis__country--GE_zrz0ToZEW7L2" style="text-align: right" title="Revenue by Country">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250101__20250630__srt--StatementGeographicalAxis__country--GE_zBCGRCtsWxr1" style="text-align: right" title="Percentage of Revenue">0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--Revenues_pn3n3_c20260101__20260630__srt--StatementGeographicalAxis__custom--OtherMember_z9tjTcUyCj7e" style="border-bottom: Black 1pt solid; text-align: right" title="Revenue by Country">56</td><td style="text-align: left; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left; padding-bottom: 1pt"> </td><td id="xdx_986_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260101__20260630__srt--StatementGeographicalAxis__custom--OtherMember_zjj7ZI7BoH71" style="border-bottom: Black 1pt solid; text-align: right" title="Percentage of Revenue">1</td><td style="text-align: left; padding-bottom: 1pt">%</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--Revenues_pn3n3_c20250101__20250630__srt--StatementGeographicalAxis__custom--OtherMember_zSsS59ogOQf" style="border-bottom: Black 1pt solid; text-align: right" title="Revenue by Country">33</td><td style="text-align: left; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left; padding-bottom: 1pt"> </td><td id="xdx_984_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250101__20250630__srt--StatementGeographicalAxis__custom--OtherMember_zqNCt7Euj5xc" style="border-bottom: Black 1pt solid; text-align: right" title="Percentage of Revenue">0</td><td style="text-align: left; padding-bottom: 1pt">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total Revenue</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--Revenues_pn3n3_c20260101__20260630_zMtxkHzlzyX9" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">5,684</td><td style="text-align: left; padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt"> </td><td id="xdx_980_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20260101__20260630_zVvZtGrQtrx4" style="border-bottom: Black 2.5pt double; text-align: right" title="Percentage of Total Revenue">100</td><td style="text-align: left; padding-bottom: 2.5pt">%</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--Revenues_pn3n3_c20250101__20250630_zGskFDsAlmgf" style="border-bottom: Black 2.5pt double; text-align: right" title="Total Revenue">15,659</td><td style="text-align: left; padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt"> </td><td id="xdx_989_ecustom--TotalRevenuePercentage_pid_dp_uRatio_c20250101__20250630_zLHRp9fA3VEk" style="border-bottom: Black 2.5pt double; text-align: right" title="Percentage of Total Revenue">100</td><td style="text-align: left; padding-bottom: 2.5pt">%</td></tr> </table>

1790000

0.78

6712000

0.92

189000

0.08

587000

0.08

145000

0.06

140000

0.06

26000

0.02

16000

2290000

7315000

4328000

0.76

14863000

0.95

1015000

0.18

763000

0.05

145000

0.03

140000

0.02

56000

0.01

33000

5684000

15659000

Fair Value of Financial Instruments Carrying amounts of cash equivalents, accounts receivable, accounts payable and the revolving credit facility approximate fair value due to their relative short maturities.

Fair Value Measurements The Company uses a fair value hierarchy that prioritizes inputs to valuation approaches used to measure fair value. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. Assets and liabilities measured and reported at fair value are classified and disclosed in one of the following categories: Level 1 Inputs: Quoted prices (unadjusted) in active markets for identical assets or liabilities at the reporting date. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 94px"> </td> <td style="width: 48px">●</td> <td style="text-align: justify">Level 1 assets may include listed mutual funds, ETFs and listed equities</td></tr> </table> Level 2 Inputs: Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities that are not active; quotes from pricing services or brokers for which the Company can determine that orderly transactions took place at the quoted price or that the inputs used to arrive at the price are observable; and inputs other than quoted prices that are observable, such as models or other valuation methodologies. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 94px"> </td> <td style="width: 48px; text-align: justify">●</td> <td style="text-align: justify">Level 2 assets may include debt securities and foreign currency exchange contracts that have inputs to the valuations that generally can be corroborated by observable market data.</td></tr> </table> Level 3 Inputs: Unobservable inputs for the valuation of the asset or liability, which may include nonbinding broker quotes. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 94px"> </td> <td style="width: 48px; text-align: justify">●</td> <td style="text-align: justify">Level 3 assets include investments for which there is little, if any, market activity. These inputs require significant management judgment or estimation.</td></tr> </table> Significance of Inputs: The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the financial instrument.

Cash, Restricted Cash, and Cash Equivalents Cash and cash equivalents primarily consist of cash, money market funds and short-term, highly liquid investments with original maturities of three months or less. Restricted cash represents $2.2 million maintained in a restricted money market account with City National Bank of Florida (“CNB”) as cash collateral for the Company’s obligations under its revolving credit facility. Restricted cash totaled $2.2 million and $0 as of June 30, 2026 and December 31, 2025, respectively. See Note 3, Debt, for additional information regarding the revolving credit facility.

2200000

Accounts Receivable The Company extends credit to customers based on an assessment of their financial condition and generally does not require collateral. Exposure to losses on receivables is expected to vary by customer due to the financial condition of each customer. The Company estimates future credit losses based on the age of customer receivable balances, collection history and forecasted economic trends. Future collections can be significantly different from historical collection trends or current estimates. The Company monitors exposure to credit losses and maintains allowances for anticipated losses considered necessary under the circumstances. The allowance for expected credit losses was $0.1 million as of June 30, 2026 and December 31, 2025. There was no credit loss expense for the three and six months ended June 30, 2026 and 2025.

100000

Inventories Inventories consist of finished product and components and are stated at the lower of cost or net realizable value, determined using the first-in, first-out method.

Earnings Per Share Basic net loss per share is calculated by dividing net loss by the weighted-average number of common shares outstanding for the period using the treasury stock method for options, restricted stock and warrants. Diluted net loss per share is computed by giving effect to all potential dilutive common share equivalents outstanding for the period. The factors used in the net loss per share computation are as follows: Schedule of Earnings Per Share Computation <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-left: 0.125in; text-indent: -0.125in"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">For the Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">For the Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 0.125in; text-indent: -0.125in"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic; padding-left: 0.125in; text-indent: -0.125in">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-indent: -0.125in">Basic</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 48%; text-align: left; padding-left: 0.25in; text-indent: -0.125in">Net loss</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--NetIncomeLoss_pn3n3_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zIZuV2Yb5Ck" style="width: 10%; text-align: right" title="Net loss">(8,749</td><td style="width: 1%; text-align: left">)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--NetIncomeLoss_pn3n3_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zJb4khJS5Ikj" style="width: 10%; text-align: right" title="Net loss">(1,037</td><td style="width: 1%; text-align: left">)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--NetIncomeLoss_pn3n3_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_z3KvFBXCSNnc" style="width: 10%; text-align: right" title="Net loss">(11,375</td><td style="width: 1%; text-align: left">)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--NetIncomeLoss_pn3n3_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zzBw1EafmQXe" style="width: 10%; text-align: right" title="Net loss">(3,609</td><td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 0.25in; text-indent: -0.125in">Weighted average number of shares used in computing net loss per share – basic</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_z3tLa54tFAKj" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,462</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zUUEiqmndl3b" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,320</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zzxDrAV2PMWj" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,462</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_z1OOmHpSoiL4" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,331</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 0.25in; text-indent: -0.125in">Net loss per share - basic</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--EarningsPerShareBasic_pid_uUSDPShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_z1H92phFiYjc" style="text-align: right" title="Net loss per share - basic">(0.53</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--EarningsPerShareBasic_pid_uUSDPShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zLKb9BSNKRCa" style="text-align: right" title="Net loss per share - basic">(0.06</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--EarningsPerShareBasic_pid_uUSDPShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zxthGWpiJ48a" style="text-align: right" title="Net loss per share - basic">(0.69</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--EarningsPerShareBasic_pid_uUSDPShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zNrsjA65n9fd" style="text-align: right" title="Net loss per share - basic">(0.22</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 0.125in; text-indent: -0.125in">Diluted</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 0.25in; text-indent: -0.125in">Net loss</td><td> </td> <td style="text-align: left">$</td><td id="xdx_982_eus-gaap--NetIncomeLoss_pn3n3_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zPV3XPHEhKe7" style="text-align: right" title="Net loss">(8,749</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_985_eus-gaap--NetIncomeLoss_pn3n3_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zrj5hJIKAxP4" style="text-align: right" title="Net loss">(1,037</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--NetIncomeLoss_pn3n3_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_z6uPFsSV4Rci" style="text-align: right" title="Net loss">(11,375</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_eus-gaap--NetIncomeLoss_pn3n3_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zGQnMeUMaxNj" style="text-align: right" title="Net loss">(3,609</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 0.25in; text-indent: -0.125in">Weighted average number of shares used in computing net loss per share – basic</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zNTRhOZEWZZe" style="text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,462</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zNggfHb6Q4qd" style="text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,320</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_ziEtr0nVZvjf" style="text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,462</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zfmbFJVkhfb2" style="text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,331</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 0.375in; text-indent: -0.125in">Dilutive effects of:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 0.5in; text-indent: -0.125in">Restricted stock awards</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_d0_uShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zP3PLOCMe9Kk" style="border-bottom: Black 1pt solid; text-align: right" title="Dilutive effects of Restricted stock awards">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_d0_uShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zFrS2yib6QQc" style="border-bottom: Black 1pt solid; text-align: right" title="Dilutive effects of Restricted stock awards">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_d0_uShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zi3nmq0Gttkf" style="border-bottom: Black 1pt solid; text-align: right" title="Dilutive effects of Restricted stock awards">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_d0_uShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zptVqC5zXDpg" style="border-bottom: Black 1pt solid; text-align: right" title="Dilutive effects of Restricted stock awards">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 0.25in; text-indent: -0.125in">Weighted average number of shares used in computing net loss per share – diluted</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_uShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zRnbiB2FYRgi" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - diluted">16,462</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_uShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zfFsMK2mSth5" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - diluted">16,320</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_uShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zwLHNGQYHJC9" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - diluted">16,462</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_uShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zVrqdEbyaVw6" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - diluted">16,331</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0.25in; text-indent: -0.125in">Net loss per share - diluted</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--EarningsPerShareDiluted_pid_uUSDPShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zBJtsSaMxh8d" style="border-bottom: Black 2.5pt double; text-align: right" title="Net loss per share - diluted">(0.53</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--EarningsPerShareDiluted_pid_uUSDPShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zP2lpnGgAHU9" style="border-bottom: Black 2.5pt double; text-align: right" title="Net loss per share - diluted">(0.06</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--EarningsPerShareDiluted_pid_uUSDPShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zoeKf6vdb2s4" style="border-bottom: Black 2.5pt double; text-align: right" title="Net loss per share - diluted">(0.69</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--EarningsPerShareDiluted_pid_uUSDPShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zAdNt1GSLnCe" style="border-bottom: Black 2.5pt double; text-align: right" title="Net loss per share - diluted">(0.22</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 0.125in; text-indent: -0.125in"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 0.125in; text-indent: -0.125in">The shares in full amount listed below were not included in the computation of diluted net loss</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 0.125in; text-indent: -0.125in">per share because to do so would have been antidilutive for the periods presented:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 0.375in; text-indent: -0.125in">Restricted stock awards</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_d0_uShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--RestrictedStockawardsMember_zSOScUe9Ihte" style="text-align: right" title="Antidilutive securities">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_uShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--RestrictedStockawardsMember_za3PE606aWE5" style="text-align: right" title="Antidilutive securities">120,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_d0_uShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--RestrictedStockawardsMember_zYfML9SbH62i" style="text-align: right" title="Antidilutive securities">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_uShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--RestrictedStockawardsMember_zAL1NdBNQte4" style="text-align: right" title="Antidilutive securities">120,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 0.375in; text-indent: -0.125in">Stock options</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_uShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--StockOptionsMember_zCLIesuaYns" style="text-align: right" title="Antidilutive securities">77,550</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_uShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--StockOptionsMember_ztLS2pQVcsuc" style="text-align: right" title="Antidilutive securities">77,550</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_uShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--StockOptionsMember_znApGjxfjfCf" style="text-align: right" title="Antidilutive securities">77,550</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_uShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--StockOptionsMember_zWsNNp5eO15d" style="text-align: right" title="Antidilutive securities">77,550</td><td style="text-align: left"> </td></tr> </table> Diluted net loss per share for the three and six months ended June 30, 2026 and 2025 excludes the dilutive effect of any stock options or shares issued under restricted stock awards, as the inclusion would be antidilutive due to the Company’s net losses during the periods.

The factors used in the net loss per share computation are as follows: Schedule of Earnings Per Share Computation <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-left: 0.125in; text-indent: -0.125in"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">For the Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">For the Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 0.125in; text-indent: -0.125in"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic; padding-left: 0.125in; text-indent: -0.125in">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-indent: -0.125in">Basic</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 48%; text-align: left; padding-left: 0.25in; text-indent: -0.125in">Net loss</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--NetIncomeLoss_pn3n3_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zIZuV2Yb5Ck" style="width: 10%; text-align: right" title="Net loss">(8,749</td><td style="width: 1%; text-align: left">)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--NetIncomeLoss_pn3n3_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zJb4khJS5Ikj" style="width: 10%; text-align: right" title="Net loss">(1,037</td><td style="width: 1%; text-align: left">)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--NetIncomeLoss_pn3n3_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_z3KvFBXCSNnc" style="width: 10%; text-align: right" title="Net loss">(11,375</td><td style="width: 1%; text-align: left">)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--NetIncomeLoss_pn3n3_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zzBw1EafmQXe" style="width: 10%; text-align: right" title="Net loss">(3,609</td><td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 0.25in; text-indent: -0.125in">Weighted average number of shares used in computing net loss per share – basic</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_z3tLa54tFAKj" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,462</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zUUEiqmndl3b" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,320</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zzxDrAV2PMWj" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,462</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_z1OOmHpSoiL4" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,331</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 0.25in; text-indent: -0.125in">Net loss per share - basic</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--EarningsPerShareBasic_pid_uUSDPShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_z1H92phFiYjc" style="text-align: right" title="Net loss per share - basic">(0.53</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--EarningsPerShareBasic_pid_uUSDPShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zLKb9BSNKRCa" style="text-align: right" title="Net loss per share - basic">(0.06</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--EarningsPerShareBasic_pid_uUSDPShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zxthGWpiJ48a" style="text-align: right" title="Net loss per share - basic">(0.69</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--EarningsPerShareBasic_pid_uUSDPShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zNrsjA65n9fd" style="text-align: right" title="Net loss per share - basic">(0.22</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 0.125in; text-indent: -0.125in">Diluted</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 0.25in; text-indent: -0.125in">Net loss</td><td> </td> <td style="text-align: left">$</td><td id="xdx_982_eus-gaap--NetIncomeLoss_pn3n3_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zPV3XPHEhKe7" style="text-align: right" title="Net loss">(8,749</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_985_eus-gaap--NetIncomeLoss_pn3n3_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zrj5hJIKAxP4" style="text-align: right" title="Net loss">(1,037</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--NetIncomeLoss_pn3n3_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_z6uPFsSV4Rci" style="text-align: right" title="Net loss">(11,375</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_eus-gaap--NetIncomeLoss_pn3n3_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zGQnMeUMaxNj" style="text-align: right" title="Net loss">(3,609</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 0.25in; text-indent: -0.125in">Weighted average number of shares used in computing net loss per share – basic</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zNTRhOZEWZZe" style="text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,462</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zNggfHb6Q4qd" style="text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,320</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_ziEtr0nVZvjf" style="text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,462</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_uShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zfmbFJVkhfb2" style="text-align: right" title="Weighted average number of shares used in computing net loss per share - basic">16,331</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 0.375in; text-indent: -0.125in">Dilutive effects of:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 0.5in; text-indent: -0.125in">Restricted stock awards</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_d0_uShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zP3PLOCMe9Kk" style="border-bottom: Black 1pt solid; text-align: right" title="Dilutive effects of Restricted stock awards">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_d0_uShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zFrS2yib6QQc" style="border-bottom: Black 1pt solid; text-align: right" title="Dilutive effects of Restricted stock awards">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_d0_uShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zi3nmq0Gttkf" style="border-bottom: Black 1pt solid; text-align: right" title="Dilutive effects of Restricted stock awards">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_pid_d0_uShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zptVqC5zXDpg" style="border-bottom: Black 1pt solid; text-align: right" title="Dilutive effects of Restricted stock awards">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 0.25in; text-indent: -0.125in">Weighted average number of shares used in computing net loss per share – diluted</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_uShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zRnbiB2FYRgi" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - diluted">16,462</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_uShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zfFsMK2mSth5" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - diluted">16,320</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_uShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zwLHNGQYHJC9" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - diluted">16,462</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_uShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zVrqdEbyaVw6" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted average number of shares used in computing net loss per share - diluted">16,331</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0.25in; text-indent: -0.125in">Net loss per share - diluted</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--EarningsPerShareDiluted_pid_uUSDPShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zBJtsSaMxh8d" style="border-bottom: Black 2.5pt double; text-align: right" title="Net loss per share - diluted">(0.53</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--EarningsPerShareDiluted_pid_uUSDPShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zP2lpnGgAHU9" style="border-bottom: Black 2.5pt double; text-align: right" title="Net loss per share - diluted">(0.06</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--EarningsPerShareDiluted_pid_uUSDPShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zoeKf6vdb2s4" style="border-bottom: Black 2.5pt double; text-align: right" title="Net loss per share - diluted">(0.69</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--EarningsPerShareDiluted_pid_uUSDPShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--EarningsPerShareMember_zAdNt1GSLnCe" style="border-bottom: Black 2.5pt double; text-align: right" title="Net loss per share - diluted">(0.22</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 0.125in; text-indent: -0.125in"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 0.125in; text-indent: -0.125in">The shares in full amount listed below were not included in the computation of diluted net loss</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 0.125in; text-indent: -0.125in">per share because to do so would have been antidilutive for the periods presented:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 0.375in; text-indent: -0.125in">Restricted stock awards</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_d0_uShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--RestrictedStockawardsMember_zSOScUe9Ihte" style="text-align: right" title="Antidilutive securities">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_uShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--RestrictedStockawardsMember_za3PE606aWE5" style="text-align: right" title="Antidilutive securities">120,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_d0_uShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--RestrictedStockawardsMember_zYfML9SbH62i" style="text-align: right" title="Antidilutive securities">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_uShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--RestrictedStockawardsMember_zAL1NdBNQte4" style="text-align: right" title="Antidilutive securities">120,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 0.375in; text-indent: -0.125in">Stock options</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_uShares_c20260401__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--StockOptionsMember_zCLIesuaYns" style="text-align: right" title="Antidilutive securities">77,550</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_uShares_c20250401__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--StockOptionsMember_ztLS2pQVcsuc" style="text-align: right" title="Antidilutive securities">77,550</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_uShares_c20260101__20260630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--StockOptionsMember_znApGjxfjfCf" style="text-align: right" title="Antidilutive securities">77,550</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pid_uShares_c20250101__20250630__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--StockOptionsMember_zWsNNp5eO15d" style="text-align: right" title="Antidilutive securities">77,550</td><td style="text-align: left"> </td></tr> </table>

-8749000

-1037000

-11375000

-3609000

16462

16320

16462

16331

-0.53

-0.06

-0.69

-0.22

-8749000

-1037000

-11375000

-3609000

16462

16320

16462

16331

16462

16320

16462

16331

-0.53

-0.06

-0.69

-0.22

120000

77550

Leases The Company evaluates arrangements at inception to determine if an arrangement is or contains a lease. Operating lease assets represent the Company’s right to control an underlying asset for the lease term, and operating lease liability represents the Company’s obligation to make lease payments arising from the lease. Control of an underlying asset is conveyed to the Company if the Company obtains the rights to direct the use of and to obtain substantially all of the economic benefits from using the underlying asset. Operating lease assets and liabilities are recognized at the commencement date of the lease based upon the present value of lease payments over the lease term. When determining the lease term, the Company includes options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. The Company uses an incremental borrowing rate that the Company would expect to incur for a fully collateralized loan over a similar term under similar economic conditions to determine the present value of the lease payments. The Company has lease agreements which include lease and non-lease components, which the Company has elected to account for as a single lease component for all classes of underlying assets. The lease payments used to determine the Company’s operating lease assets may include lease incentives, and stated rent increases are recognized in the Company’s operating lease assets in the Company’s condensed consolidated balance sheets. Operating lease assets are amortized to rent expense over the lease term and included in operating expenses in the condensed consolidated statements of loss. For leases in which the Company is the lessor, the Company identifies the lease and non-lease components and allocates the contract consideration to the different components on a relative stand-alone selling price basis at lease inception. The Company uses a residual approach for the components when the stand-alone selling price is not directly observable or those for which the Company has not established a price. The Company has elected the practical expedient to combine lease and non-lease components when the components qualify to be combined. Continuous supporting services are the primary non-lease components and are not predominant. As a result, the combined components are accounted for as a lease under ASC 842. The revenues from non-lease components that are not qualified to be combined are recognized when the services are rendered under ASC 606. The revenues from non-lease components were $25 thousand and $29 thousand for the three months ended June 30, 2026 and 2025, respectively, and $25 thousand and $0.2 million for the six months ended June 30, 2026 and 2025, respectively. For operating leases where the Company is the lessor, the Company recognizes the underlying assets and depreciates them over the estimated useful life, which is based upon the residual value expected at the end of the lease term. Lease income is recognized on a straight-line basis over the lease term when the lease payment is determined. Leasing revenue is not recognized when collection of all contractual rents over the term of the agreement is not probable. When collection is not probable, the Company limits the lease revenue to the lesser of the revenue recognized on a straight-line basis or cash basis. The lease income is included in revenues in the condensed consolidated statements of loss. Variable lease payments associated with the leases are recognized when the event, activity, or circumstance in the lease agreement on which those payments are assessed occurs. Variable lease payments are presented within revenues in the condensed consolidated statements of loss.

25000 29000 25000 200000

Income Taxes The Company recognizes deferred tax assets and liabilities for the expected future tax consequences of events that have been recognized in the Company’s condensed consolidated financial statements or tax returns. Under this method, deferred tax assets and liabilities are determined based on differences between the financial statement carrying amounts and the tax bases of the assets and liabilities using the enacted tax rates in effect in the years in which the differences are expected to reverse. A valuation allowance against deferred tax assets is recorded if, based on the weight of the available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. In July 2025, the One Big Beautiful Bill Act (the “Tax Act”) was enacted, introducing various changes to U.S. corporate taxation, including provisions permitting 100% bonus depreciation on qualified property and immediate expensing of research and development expenditures. The effects of the Tax Act have been reflected in the Company’s results beginning in the third quarter of 2025. The Tax Act did not have a material impact on the Company’s income tax expense or effective tax rate for the period. Uncertain tax positions are recognized in the condensed consolidated financial statements only if that position is more likely than not to be sustained upon examination by taxing authorities, based on the technical merits of the position. The Company’s practice is to recognize interest and/or penalties related to income tax matters in income tax expense.

Recent Accounting Pronouncements In November 2024, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures, which requires entities to (i) disclose amounts of (a) purchase of inventory, (b) employee compensation, (c) depreciation, (d) intangible asset amortization, and (e) depreciation, depletion, and amortization recognized as part of oil-and gas-producing activities, (ii) include certain amounts that are already required to be disclosed under current GAAP in the same disclosures as other disaggregation requirements, (iii) disclose a qualitative description of the amounts remaining in relevant expense captions that are not necessarily disaggregated quantitatively, and (iv) disclose the total amount of selling expenses on an interim and annual reporting basis and, in annual reporting periods, disclose the entity’s definition of selling expense. ASU No. 2024-03 is effective for annual reporting periods beginning after December 15, 2026 and interim reporting periods beginning after December 15, 2027. Early adoption is permitted. The Company is currently evaluating ASU No. 2024-03 to determine the impact it may have on its condensed consolidated financial statements. In December 2025, the FASB issued ASU No. 2025-11, Interim Reporting (Topic 270), which is intended to improve the navigability of the guidance in ASC 270, Interim Reporting, and clarify when it applies. Under the amendments, an entity is subject to ASC 270 if it provides interim financial statements and notes in accordance with GAAP. ASU No. 2025-11 also addresses the form and content of such financial statements, interim disclosures requirements, and establishes a principle under which an entity must disclose events since the end of the last annual reporting period that have a material impact on the entity. ASU No. 2025-11 is effective for interim reporting periods within annual reporting periods beginning after December 15, 2027. Early adoption is permitted. The Company is currently evaluating ASU No. 2025-11 to determine the impact it may have on its condensed consolidated financial statements.

Note 2 — Property and Equipment Property and equipment consist of the following: Schedule of Property and Equipment <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">As of</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2" style="text-align: center">As of</td><td> </td><td> </td> <td style="text-align: center"> </td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2" style="text-align: center">December 31,</td><td> </td><td> </td> <td style="text-align: center">Estimated</td><td> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="font-weight: bold; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Useful Lives</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; text-align: left">Operations equipment</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember_zDE2f4sb6mTc" style="width: 12%; text-align: right">1,214</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20251231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember_zN2JfE0er0z4" style="width: 12%; text-align: right">974</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 12%; text-align: center">3-10 years</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Equipment leased to customers</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FDAProgramEquipmentMember_zb4E0kbg382e" style="text-align: right">2,079</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20251231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FDAProgramEquipmentMember_zcdbZtInwhY8" style="text-align: right">1,600</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center">10 years</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Tradeshow and demo equipment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--TradeshowAndDemoEquipmentMember_zh4JaLKkz6z7" style="text-align: right">1,100</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20251231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--TradeshowAndDemoEquipmentMember_zWar95ZfoDh5" style="text-align: right">1,184</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center">3 years</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Computer equipment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember_zS25bsKDamW5" style="text-align: right">195</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20251231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember_z92aoBTxaWxe" style="text-align: right">186</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center">3 years</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Research and development equipment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ResearchAndDevelopmentArrangementMember_zZRB8NmbpMI2" style="border-bottom: Black 1pt solid; text-align: right">259</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20251231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ResearchAndDevelopmentArrangementMember_zvigM00lLgGb" style="border-bottom: Black 1pt solid; text-align: right">246</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: center">3 years</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Subtotal</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260630_zoqhxccduwS3" style="text-align: right" title="Property and Equipment, Gross">4,847</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20251231_zMIDmftmNRLg" style="text-align: right" title="Property and Equipment, Gross">4,190</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Construction in progress</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--ConstructionInProgressGross_iI_pn3n3_c20260630_zE4FqzXZJn28" style="text-align: right" title="Construction in progress">228</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--ConstructionInProgressGross_iI_pn3n3_c20251231_zE4cqYxqMrw3" style="text-align: right" title="Construction in progress">228</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNI_pn3n3_di_c20260630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember_z0VF4rRPfFnb" style="border-bottom: Black 1pt solid; text-align: right" title="Less accumulated depreciation">(2,327</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNI_pn3n3_di_c20251231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember_zZ1qBEVz27Ii" style="border-bottom: Black 1pt solid; text-align: right" title="Less accumulated depreciation">(2,442</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: center"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Property and Equipment, Net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--PropertyPlantAndEquipmentNet_iI_pn3n3_c20260630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember_zJyzefBp93d2" style="border-bottom: Black 2.5pt double; text-align: right" title="Property and Equipment, Net">2,748</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--PropertyPlantAndEquipmentNet_iI_pn3n3_c20251231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember_z2l40IpcG74a" style="border-bottom: Black 2.5pt double; text-align: right" title="Property and Equipment, Net">1,976</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: center"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Depreciation expense was $86 thousand and $99 thousand for the three months ended June 30, 2026 and 2025, respectively, and $0.2 million for the six months ended June 30, 2026 and 2025.

Property and equipment consist of the following: Schedule of Property and Equipment <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">As of</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2" style="text-align: center">As of</td><td> </td><td> </td> <td style="text-align: center"> </td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2" style="text-align: center">December 31,</td><td> </td><td> </td> <td style="text-align: center">Estimated</td><td> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="font-weight: bold; padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2025</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Useful Lives</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; text-align: left">Operations equipment</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember_zDE2f4sb6mTc" style="width: 12%; text-align: right">1,214</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20251231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember_zN2JfE0er0z4" style="width: 12%; text-align: right">974</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 12%; text-align: center">3-10 years</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Equipment leased to customers</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FDAProgramEquipmentMember_zb4E0kbg382e" style="text-align: right">2,079</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20251231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FDAProgramEquipmentMember_zcdbZtInwhY8" style="text-align: right">1,600</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center">10 years</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Tradeshow and demo equipment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--TradeshowAndDemoEquipmentMember_zh4JaLKkz6z7" style="text-align: right">1,100</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20251231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--TradeshowAndDemoEquipmentMember_zWar95ZfoDh5" style="text-align: right">1,184</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center">3 years</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Computer equipment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember_zS25bsKDamW5" style="text-align: right">195</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20251231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember_z92aoBTxaWxe" style="text-align: right">186</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center">3 years</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Research and development equipment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ResearchAndDevelopmentArrangementMember_zZRB8NmbpMI2" style="border-bottom: Black 1pt solid; text-align: right">259</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20251231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ResearchAndDevelopmentArrangementMember_zvigM00lLgGb" style="border-bottom: Black 1pt solid; text-align: right">246</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: center">3 years</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Subtotal</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260630_zoqhxccduwS3" style="text-align: right" title="Property and Equipment, Gross">4,847</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20251231_zMIDmftmNRLg" style="text-align: right" title="Property and Equipment, Gross">4,190</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Construction in progress</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--ConstructionInProgressGross_iI_pn3n3_c20260630_zE4FqzXZJn28" style="text-align: right" title="Construction in progress">228</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--ConstructionInProgressGross_iI_pn3n3_c20251231_zE4cqYxqMrw3" style="text-align: right" title="Construction in progress">228</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNI_pn3n3_di_c20260630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember_z0VF4rRPfFnb" style="border-bottom: Black 1pt solid; text-align: right" title="Less accumulated depreciation">(2,327</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNI_pn3n3_di_c20251231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember_zZ1qBEVz27Ii" style="border-bottom: Black 1pt solid; text-align: right" title="Less accumulated depreciation">(2,442</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: center"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Property and Equipment, Net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--PropertyPlantAndEquipmentNet_iI_pn3n3_c20260630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember_zJyzefBp93d2" style="border-bottom: Black 2.5pt double; text-align: right" title="Property and Equipment, Net">2,748</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--PropertyPlantAndEquipmentNet_iI_pn3n3_c20251231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember_z2l40IpcG74a" style="border-bottom: Black 2.5pt double; text-align: right" title="Property and Equipment, Net">1,976</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: center"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

1214000

974000

P3Y

P10Y

2079000

1600000

P10Y

1100000

1184000

P3Y

195000

186000

P3Y

259000

246000

P3Y

4847000

4190000

228000

2327000

2442000

2748000

1976000

86000

99000

200000

Note 3 — Debt At December 31, 2025, the Company was in default under its prior revolving credit facility with Fifth Third Bank, N.A. (“Fifth Third”), as successor by merger to Comerica Bank, for failing to maintain the required minimum profitability covenant. No borrowings were outstanding at any time under the Fifth Third facility. On May 8, 2026, the Company received notice from Fifth Third that the facility would terminate effective May 20, 2026, and the facility was terminated on that date. On June 2, 2026, the Company entered into a revolving credit facility (the “CNB Credit Facility”) with CNB that provides for maximum borrowings of $<span id="xdx_909_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_dm_uUSD_c20260602__us-gaap--LineOfCreditFacilityAxis__custom--CNBCreditFacilityMember_z89eq8JrvIC6" title="Maximum Borrowing Capacity">15.0 million and matures on June 5, 2027, unless extended by mutual agreement. During the initial term, borrowings are limited to $<span id="xdx_90C_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_dm_uUSD_c20260602__us-gaap--LineOfCreditFacilityAxis__custom--InitialTermMember_zZMPKc0Gs5li" title="Borrowing Capacity During Initial Term">2.0 million, and the remaining $<span id="xdx_900_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_dm_uUSD_c20260602__us-gaap--LineOfCreditFacilityAxis__custom--RestrictedCommitmentMember_z9Hx7oFRQr7f" title="Restricted Unused Commitment">13.0 million commitment is restricted. Any borrowings bear interest at the Secured Overnight Financing Rate plus <span id="xdx_90B_eus-gaap--LineOfCreditFacilityInterestRateDuringPeriod_pid_dp_uRatio_c20260101__20260630__us-gaap--VariableRateAxis__us-gaap--SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember_zN8JpVjzY57i" title="Debt Interest Rate Based on Secured Overnight Financing Rate">3.00% (or 6.68% at June 30, 2026). Interest is payable monthly, and all outstanding principal and accrued interest are due at maturity. The CNB Credit Facility is secured by $2.2 million of cash held in a restricted account and by a security interest in all of the Company’s assets (the “Collateral”). Under the CNB Facility, the Company must obtain CNB’s prior written consent in order to take any of the following actions: (a) sell or transfer any of the Company’s assets outside the ordinary course of its business; (b) incur, create, assume, or permit to exist any other indebtedness (subject to certain exceptions); (c) encumber any of the Company’s assets with any liens other than liens in favor of CNB and certain other permitted liens, or (d) remove the Company’s current Chief Executive Officer, President, or Chief Financial Officer. The related loan agreement also includes customary representations and warranties and customary events of default, upon the occurrence of which, after any applicable grace period, CNB would have the ability to accelerate all outstanding advances, terminate the Loan, and exercise remedies with respect to the Collateral. If the CNB Credit Facility is renewed and CNB makes the remaining $<span id="xdx_904_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_dm_uUSD_c20260602__us-gaap--LineOfCreditFacilityAxis__custom--RemainingCommitmentMember_zKT5pbYxZZPd" title="Credit Facility Available Commitment">13.0 million commitment available, the Company will be required to maintain a minimum debt service coverage ratio of 1.50, tested quarterly beginning with the first fiscal quarter following such availability. The Company was not subject to this financial covenant as of June 30, 2026. At June 30, 2026, no borrowings were outstanding under the CNB Credit Facility.

15000000.0

2000000.0

13000000.0

0.0300

0.0668

2200000

13000000.0

Note 4 — Product Warranties Changes in product warranty liability were as follows for the six months ended June 30, 2026: Schedule of Changes in Product Warranty Liability <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic">(in thousands)</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: right"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 87%; font-weight: bold">Balance, December 31, 2025</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--ProductWarrantyAccrualClassifiedCurrent_iS_pn3n3_uUSD_c20260101__20260630_zQWk8rkxCRdc" style="width: 10%; text-align: right" title="Balance, December 31, 2025">275</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Warranties accrued during the period</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--ProductsWarrantyAccrual_pn3n3_uUSD_c20260101__20260630_zzEisJS549de" style="text-align: right" title="Warranties accrued during the period">134</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Payments on warranty claims</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--ProductWarrantyAccrualPayments_iN_pn3n3_di_c20260101__20260630_zErz97WlMB8g" style="border-bottom: Black 1pt solid; text-align: right" title="Payments on warranty claims">(142</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; padding-bottom: 2.5pt">Balance, June 30, 2026</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--ProductWarrantyAccrualClassifiedCurrent_iE_pn3n3_uUSD_c20260101__20260630_zykGANWpj4H9" style="border-bottom: Black 2.5pt double; text-align: right" title="Balance, June 30, 2026">267</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

Changes in product warranty liability were as follows for the six months ended June 30, 2026: Schedule of Changes in Product Warranty Liability <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic">(in thousands)</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: right"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 87%; font-weight: bold">Balance, December 31, 2025</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--ProductWarrantyAccrualClassifiedCurrent_iS_pn3n3_uUSD_c20260101__20260630_zQWk8rkxCRdc" style="width: 10%; text-align: right" title="Balance, December 31, 2025">275</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Warranties accrued during the period</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--ProductsWarrantyAccrual_pn3n3_uUSD_c20260101__20260630_zzEisJS549de" style="text-align: right" title="Warranties accrued during the period">134</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Payments on warranty claims</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--ProductWarrantyAccrualPayments_iN_pn3n3_di_c20260101__20260630_zErz97WlMB8g" style="border-bottom: Black 1pt solid; text-align: right" title="Payments on warranty claims">(142</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; padding-bottom: 2.5pt">Balance, June 30, 2026</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--ProductWarrantyAccrualClassifiedCurrent_iE_pn3n3_uUSD_c20260101__20260630_zykGANWpj4H9" style="border-bottom: Black 2.5pt double; text-align: right" title="Balance, June 30, 2026">267</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

275000

134000

142000

267000

Note 5 — Leases Operating Lease Agreements The Company leases its headquarters office from an unrelated third party under a lease expiring in September 2027. The amortization expense of the right of use lease asset was $<span id="xdx_902_eus-gaap--OperatingLeaseRightOfUseAssetAmortizationExpense_pn3n3_uUSD_c20260401__20260630__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__custom--OperatingLeaseAgreementsMember_zFhVDRQhYQKe" title="Operating Lease Right-of-Use Asset Amortization Expense">61 thousand and $<span id="xdx_909_eus-gaap--OperatingLeaseRightOfUseAssetAmortizationExpense_pn3n3_uUSD_c20250401__20250630__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__custom--OperatingLeaseAgreementsMember_zuee33sJlz78" title="Operating Lease Right-of-Use Asset Amortization Expense">59 thousand for the three months ended June 30, 2026 and 2025, respectively, and $<span id="xdx_90C_eus-gaap--OperatingLeaseRightOfUseAssetAmortizationExpense_pn5n6_uUSD_c20260101__20260630__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__custom--OperatingLeaseAgreementsMember_zDXmJUOIjwj4" title="Operating Lease Right-of-Use Asset Amortization Expense"><span id="xdx_909_eus-gaap--OperatingLeaseRightOfUseAssetAmortizationExpense_pn5n6_uUSD_c20250101__20250630__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__custom--OperatingLeaseAgreementsMember_zjox8lVO2GC3" title="Operating Lease Right-of-Use Asset Amortization Expense">0.1 million for the six months ended June 30, 2026 and 2025. In January 2025, the Company entered into a sublease agreement with an unrelated third party to lease a new office space which is adjacent to the current headquarters office. The sublease is effective from January 2025 to September 2027. The following table presents information about the amount, timing and uncertainty of cash flows arising from the Company’s operating leases as of June 30, 2026. Schedule of Maturity of Operating Lease Liability <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">Maturity of Operating Lease Liability</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amount</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 87%; text-align: left">2026 (July 1 - December 31, 2026)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_iI_pn3n3_uUSD_c20260630_zsenh8HjLWhb" style="width: 10%; text-align: right" title="2026 (July 1 - December 31, 2026)">141</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">2027</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_iI_pn3n3_uUSD_c20260630_z3jClH8hkLkh" style="border-bottom: Black 1pt solid; text-align: right" title="2027">214</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Total undiscounted operating leases payments</td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDue_iI_pn3n3_uUSD_c20260630_z4fD93gzeoF4" style="text-align: right" title="Total undiscounted operating leases payments">355</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: Imputed interest</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_iNI_pn3n3_di_uUSD_c20260630_zNu8ziVdEAi4" style="border-bottom: Black 1pt solid; text-align: right" title="Less: Imputed interest">(12</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Present Value of Operating Lease Liability</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98E_eus-gaap--OperatingLeaseLiability_iI_pn3n3_uUSD_c20260630_zoCKSEo65aMe" style="border-bottom: Black 1pt solid; text-align: right" title="Present Value of Operating Lease Liability">343</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Operating lease liability, current portion</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_988_eus-gaap--OperatingLeaseLiabilityCurrent_iI_pn3n3_uUSD_c20260630_zCllGRQDb0W6" style="border-bottom: Black 1pt solid; text-align: right" title="Operating lease liability, current portion">274</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Operating lease liability, net of current portion</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--OperatingLeaseLiabilityNoncurrent_iI_pn3n3_uUSD_c20260630_zfXFGkWRpprf" style="border-bottom: Black 2.5pt double; text-align: right" title="Operating lease liability, net of current portion">69</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Cash paid for amounts included in the measurement of the operating lease liability was $0.1 million for the six months ended June 30, 2026 and 2025, and is included in cash flows from operating activities in the accompanying condensed consolidated statements of cash flows. Operating lease cost recognized as expense was $68 thousand for both the three months ended June 30, 2026 and 2025, and $0.1 million for both the six months ended June 30, 2026 and 2025. The financing component for operating lease liability represents the effect of discounting the operating lease payments to their present value. Lessor Accounting The Company, through its subsidiary, Sensus Healthcare Services, LLC, leases superficial radiotherapy equipment to dermatology clinics. These leases generally have an initial term of 60 months and automatically renew for a one-year period upon the expiration of the initial lease term. Payments due under the leases may be fixed or variable payments. The component of lease income for the three and six months ended June 30, 2026 is as follows: Schedule of Operating Lease Income <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom; visibility: hidden"> <td style="display: none; padding-left: 0.125in; text-indent: -0.125in; visibility: hidden"> </td><td style="display: none; font-weight: bold; visibility: hidden"> </td> <td style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td> <td id="xdx_494_20260401__20260630_zs8MM0NEAfV6" style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td> <td style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td> <td style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td> <td colspan="2" id="xdx_49B_20250401__20250630_zLnLz2t0uiKf" style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td><td style="display: none; font-weight: bold; visibility: hidden"> </td><td style="display: none; font-weight: bold; visibility: hidden"> </td> <td style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td> <td id="xdx_493_20260101__20260630_zE1K0fhRbkz8" style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td> <td style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td> <td style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td> <td colspan="2" id="xdx_493_20250101__20250630_z3tRf69IjN16" style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td><td style="display: none; font-weight: bold; visibility: hidden"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 0.125in; text-indent: -0.125in"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">For the Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">For the Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 0.125in; text-indent: -0.125in"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic; padding-left: 0.125in; text-indent: -0.125in">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_404_eus-gaap--OperatingLeaseLeaseIncomeLeasePayments_pn3n3_zfZ8H3dCIJga" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 48%; text-align: left; padding-left: 0.125in; text-indent: -0.125in">Lease income - operating leases - fixed payments</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">60</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">64</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">124</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">128</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--OperatingLeaseVariableLeaseIncome_pn3n3_z3zkNbw6QUH2" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 0.125in; text-indent: -0.125in">Lease income - operating leases - variable payments</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">264</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">294</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">534</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">429</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--LeaseIncome_pn3n3_z8Byt6ITCrt2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; padding-bottom: 2.5pt; padding-left: 0.125in; text-indent: -0.125in">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">324</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">358</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">658</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">557</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> The future minimum fixed lease payments to be received under the lease agreements as of June 30, 2026 are as follows: Schedule of Received Lease Agreements <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic; text-align: left">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_496_20260630_z94rMMD51paa" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amount</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_409_eus-gaap--LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths_iI_pn3n3_zG2s8MHkgWm3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 87%; text-align: left">2026 (July 1 - December 31)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 10%; text-align: right">104</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--LessorOperatingLeasePaymentsToBeReceivedTwoYears_iI_pn3n3_z5Hjj3U3xGnk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2027</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">208</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--LessorOperatingLeasePaymentsToBeReceivedThreeYears_iI_pn3n3_zyDNZpUtI3kh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">2028</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">208</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--LessorOperatingLeasePaymentsToBeReceivedFourYears_iI_pn3n3_zakwjrPN8V1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2029</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">208</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--LessorOperatingLeasePaymentsToBeReceivedThereafter_iI_pn3n3_zinrrrXFLute" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; text-align: left">Thereafter</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">75</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--LessorOperatingLeasePaymentsToBeReceived_iI_pn3n3_zj0b08vu22Mf" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">Total </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">803</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

61000

59000

100000

The following table presents information about the amount, timing and uncertainty of cash flows arising from the Company’s operating leases as of June 30, 2026. Schedule of Maturity of Operating Lease Liability <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">Maturity of Operating Lease Liability</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amount</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 87%; text-align: left">2026 (July 1 - December 31, 2026)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_iI_pn3n3_uUSD_c20260630_zsenh8HjLWhb" style="width: 10%; text-align: right" title="2026 (July 1 - December 31, 2026)">141</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">2027</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_iI_pn3n3_uUSD_c20260630_z3jClH8hkLkh" style="border-bottom: Black 1pt solid; text-align: right" title="2027">214</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Total undiscounted operating leases payments</td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDue_iI_pn3n3_uUSD_c20260630_z4fD93gzeoF4" style="text-align: right" title="Total undiscounted operating leases payments">355</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: Imputed interest</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_iNI_pn3n3_di_uUSD_c20260630_zNu8ziVdEAi4" style="border-bottom: Black 1pt solid; text-align: right" title="Less: Imputed interest">(12</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Present Value of Operating Lease Liability</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98E_eus-gaap--OperatingLeaseLiability_iI_pn3n3_uUSD_c20260630_zoCKSEo65aMe" style="border-bottom: Black 1pt solid; text-align: right" title="Present Value of Operating Lease Liability">343</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Operating lease liability, current portion</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_988_eus-gaap--OperatingLeaseLiabilityCurrent_iI_pn3n3_uUSD_c20260630_zCllGRQDb0W6" style="border-bottom: Black 1pt solid; text-align: right" title="Operating lease liability, current portion">274</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Operating lease liability, net of current portion</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--OperatingLeaseLiabilityNoncurrent_iI_pn3n3_uUSD_c20260630_zfXFGkWRpprf" style="border-bottom: Black 2.5pt double; text-align: right" title="Operating lease liability, net of current portion">69</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

141000

214000

355000

12000

343000

274000

69000

100000

68000

100000

The component of lease income for the three and six months ended June 30, 2026 is as follows: Schedule of Operating Lease Income <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom; visibility: hidden"> <td style="display: none; padding-left: 0.125in; text-indent: -0.125in; visibility: hidden"> </td><td style="display: none; font-weight: bold; visibility: hidden"> </td> <td style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td> <td id="xdx_494_20260401__20260630_zs8MM0NEAfV6" style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td> <td style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td> <td style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td> <td colspan="2" id="xdx_49B_20250401__20250630_zLnLz2t0uiKf" style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td><td style="display: none; font-weight: bold; visibility: hidden"> </td><td style="display: none; font-weight: bold; visibility: hidden"> </td> <td style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td> <td id="xdx_493_20260101__20260630_zE1K0fhRbkz8" style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td> <td style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td> <td style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td> <td colspan="2" id="xdx_493_20250101__20250630_z3tRf69IjN16" style="display: none; font-weight: bold; text-align: center; visibility: hidden"> </td><td style="display: none; font-weight: bold; visibility: hidden"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 0.125in; text-indent: -0.125in"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">For the Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">For the Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 0.125in; text-indent: -0.125in"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic; padding-left: 0.125in; text-indent: -0.125in">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_404_eus-gaap--OperatingLeaseLeaseIncomeLeasePayments_pn3n3_zfZ8H3dCIJga" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 48%; text-align: left; padding-left: 0.125in; text-indent: -0.125in">Lease income - operating leases - fixed payments</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">60</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">64</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">124</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">128</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--OperatingLeaseVariableLeaseIncome_pn3n3_z3zkNbw6QUH2" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 0.125in; text-indent: -0.125in">Lease income - operating leases - variable payments</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">264</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">294</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">534</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">429</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--LeaseIncome_pn3n3_z8Byt6ITCrt2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; padding-bottom: 2.5pt; padding-left: 0.125in; text-indent: -0.125in">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">324</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">358</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">658</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">557</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

60000

64000

124000

128000

264000

294000

534000

429000

324000

358000

658000

557000

The future minimum fixed lease payments to be received under the lease agreements as of June 30, 2026 are as follows: Schedule of Received Lease Agreements <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-style: italic; text-align: left">(in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_496_20260630_z94rMMD51paa" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amount</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_409_eus-gaap--LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths_iI_pn3n3_zG2s8MHkgWm3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 87%; text-align: left">2026 (July 1 - December 31)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 10%; text-align: right">104</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--LessorOperatingLeasePaymentsToBeReceivedTwoYears_iI_pn3n3_z5Hjj3U3xGnk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2027</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">208</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--LessorOperatingLeasePaymentsToBeReceivedThreeYears_iI_pn3n3_zyDNZpUtI3kh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">2028</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">208</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--LessorOperatingLeasePaymentsToBeReceivedFourYears_iI_pn3n3_zakwjrPN8V1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2029</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">208</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--LessorOperatingLeasePaymentsToBeReceivedThereafter_iI_pn3n3_zinrrrXFLute" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; text-align: left">Thereafter</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">75</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--LessorOperatingLeasePaymentsToBeReceived_iI_pn3n3_zj0b08vu22Mf" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">Total </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">803</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

104000

208000

75000

803000

Note 6 – Commitments and Contingencies Manufacturing Agreement The Company has a contract manufacturing agreement with an unrelated third party for the production and manufacture of the SRT-100 (and subsequently the SRT-100 Vision and the SRT-100+), in accordance with the Company’s product specifications. The agreement renews for successive one-year periods unless either party notifies the other party in writing, at least sixty days prior to the anniversary date of the agreement, that it will not renew the agreement. The Company or the manufacturer may terminate the agreement upon ninety days’ prior written notice. The Company pays this manufacturer for finished goods in advance of the inventory being received. The Company paid this manufacturer $0.5 million and $1.3 million for finished goods for the three months ended June 30, 2026 and 2025, respectively, and $3.6 million and $4.9 million for the six months ended June 30, 2026 and 2025, respectively. Finished goods of $2.5 million and $4.3 million were received from this manufacturer for the three months ended June 30, 2026 and 2025, respectively, and finished goods of $4.4 million and $6.5 million were received from this manufacturer for the six months ended June 30, 2026 and 2025, respectively. As of June 30, 2026 and December 31, 2025, a prepayment related to these finished goods of $0.6 million and $1.5 million, respectively, was presented in prepaid inventory in the accompanying condensed consolidated balance sheets. Legal Contingencies The Company is party to certain legal proceedings in the ordinary course of business. The Company assesses, in conjunction with its legal counsel, the need to record a liability for litigation and related contingencies. In August 2019, the Company received a Civil Investigative Demand from the Department of Justice (the “Department”) seeking documents and written responses in connection with an investigation of the billing to Medicare by a physician who had treated patients with the Company’s SRT-100. The Department subsequently advised the Company that it was considering expanding the investigation to determine whether the Company had any involvement in the physician’s use of certain reimbursement codes. The Company has fully cooperated with the Department. The Company disputes that it has engaged in any wrongdoing with respect to such reimbursement claims; among other considerations, the Company does not submit claims for reimbursement or provide coding or billing advice to physicians. To the Company’s knowledge, the Department has made no determination as to whether the Company engaged in any wrongdoing, or whether to pursue any legal action against the Company. Should the Department decide to pursue legal action, the Company believes it has strong and meritorious defenses and will vigorously defend itself. As of June 30, 2026, the Company was unable to estimate the cost, if any, associated with this matter.

500000 1300000 3600000 4900000 2500000 4300000 4400000 6500000

600000

1500000

Note 7 — Stockholders’ Equity Preferred Stock The Company has authorized 5,000,000 shares of preferred stock. No shares of preferred stock were issued or outstanding at June 30, 2026 or December 31, 2025. Treasury Stock Treasury stock includes shares surrendered by employees for tax withholding on the vesting of restricted stock awards and shares repurchased in open market transactions. No shares were surrendered by employees for tax withholding for the three and six months ended June 30, 2026 and 2025. During the three months ended June 30, 2026 and 2025, the Company did not repurchase any shares in open market transactions. During the six months ended June 30, 2026 and 2025, the Company repurchased zero and 50,360 shares in open market transactions, respectively.

5000000

50360

Note 8 — Equity-based Compensation 2016 and 2017 Equity Incentive Plans The Company’s 2016 Equity Incentive Plan and the 2017 Incentive Plan, as amended in June 2023 and August 2025 (collectively, the “Plans”), provide for the issuance of up to <span id="xdx_902_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_iI_pid_uShares_c20260630__us-gaap--PlanNameAxis__custom--EquityIncentivesPlan2016Member_zD2QnDQkCtfa" title="Issuance of shares under 2016 Equity Incentive Plan">397,473 shares and <span id="xdx_90A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_iI_pid_uShares_c20260630__us-gaap--PlanNameAxis__custom--EquityIncentivesPlan2017Member_z7D51IhxzYF1">2,250,000 shares, respectively. In August 2025, the Company amended the 2017 Incentive Plan to increase the number of shares of common stock authorized for issuance thereunder by <span id="xdx_901_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized_pid_uShares_c20260101__20260630__us-gaap--PlanNameAxis__custom--EquityIncentivesPlan2017Member_zxfAM4EAQpY1" title="Increase issuance shares under 2017 Incentive Plan">1,500,000 shares. In addition, unless the Compensation Committee specifically determines otherwise, the maximum number of shares available under the Plans and the awards granted under the Plans will be subject to appropriate adjustment in the case of any stock dividends, stock splits, recapitalizations, reorganizations, mergers, consolidations, exchanges or other changes in capitalization affecting the Company’s common stock. The awards may be made in the form of restricted stock awards or stock options, among other things. As of June 30, 2026 and December 31, 2025, <span id="xdx_90F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_iI_pid_uShares_c20260630__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember_zJ6gf8HJb7q3" title="Shares available to be granted under the Plans">1,676,973 and <span id="xdx_905_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_iI_pid_uShares_c20251231__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember_zj41XKnoQ5We" title="Shares available to be granted under the Plans">1,675,223 shares were available to be granted under the Plans, respectively. On December 19, 2022, a total of <span id="xdx_904_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_pid_uShares_c20221218__20221219__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember_zaqIUo42C43k" title="Restricted common stock shares awarded">77,000 shares of restricted common stock were awarded to employees. The restricted shares vest <span id="xdx_901_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_pid_dp_uRatio_c20221218__20221219__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember_zqjDbt0CAOqe" title="Restricted stock vesting percentage">25% per year over a four-year period. The fair value of $<span id="xdx_90B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_pid_uUSDPShares_c20221218__20221219__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember_zHL7qu3c5RBi" title="Restricted stock grant date fair value per share">6.40 per share, the stock price on grant date, is being recognized as expense on a straight-line basis over the vesting period. During the six months ended June 30, 2026, <span id="xdx_905_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_pid_uShares_c20260101__20260630__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember_zvhaRW9VqYye" title="Unvested shares of common stock forfeited">1,750 shares of unvested common stock were forfeited due to the termination of three employees. As of June 30, 2026, <span id="xdx_900_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedOrForfeited_iI_pid_uShares_c20260630__us-gaap--PlanNameAxis__custom--EquityIncentivePlanDecember192022Member__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember_zV0OxwReUDoh" title="Shares issued that were vested or forfeited">63,750 of the shares issued on December 19, 2022 were vested or forfeited. On January 11, 2024, <span id="xdx_90C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_pid_uShares_c20240110__20240111__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember_zZAwPUKPmX97" title="Restricted common stock shares awarded">20,000 shares of restricted common stock with a fair value of $<span id="xdx_902_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue_pid_uUSDPShares_c20240110__20240111__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember_zDwvLnlBFvs7" title="Restricted common stock fair value per share">2.65 per share, the stock price on the grant date, were awarded to an employee. <span id="xdx_909_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_pid_uShares_c20240110__20240111__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember__us-gaap--VestingAxis__custom--ImmediatelyVestedMember_zbRnieY6STua" title="Shares vested">10,000 of the shares vested and the expense related to these shares was recognized on the grant date. The remaining <span id="xdx_90D_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_pid_uShares_c20240110__20240111__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember__us-gaap--VestingAxis__custom--OneYearVestedMember_zwowhlUkdQpa" title="Shares vested">10,000 shares vested in January 2025. The grant date fair value of $<span id="xdx_90F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_pid_uUSDPShares_c20240110__20240111__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember_zaVYdXjFuUK8" title="Restricted Stock Grant Date Fair Value Per Share">2.65 per share is being recognized as expense on a straight-line basis over the vesting period. As of June 30, 2026, the shares issued on January 11, 2024 were fully vested. On December 17, 2024, <span id="xdx_903_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_pid_uShares_c20241216__20241217__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember_zfkCXfuoHU99" title="Restricted common stock shares awarded">100,000 shares of restricted common stock with a fair value of $<span id="xdx_909_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue_pid_uUSDPShares_c20241216__20241217__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember_z1lZgbcuDza2" title="Restricted stock grant date fair value per share">7.78 per share, the stock price on the grant date, were awarded to employees and directors. <span id="xdx_908_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_pid_uShares_c20241216__20241217__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember__us-gaap--VestingAxis__custom--ImmediatelyVestedMember_zYBnzKjU8ih8" title="Shares vested">10,000 of the shares issued to one individual vested and the expense related to these shares was recognized on the grant date. The remaining <span id="xdx_90A_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_pid_uShares_c20241216__20241217__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember__us-gaap--VestingAxis__custom--ThreeYearVestingMember_zxiHZWReWV8c" title="Shares Vested">30,000 shares awarded to the same individual vest over a three-year period. The remaining <span id="xdx_900_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_pid_uShares_c20241216__20241217__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember__us-gaap--VestingAxis__custom--FourYearVestingMember_z7iEPWUCCmX7" title="Shares vested">60,000 shares awarded to other individuals vest <span id="xdx_90F_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_pid_dp_uRatio_c20241216__20241217__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember_zDRtEeMQryL5" title="Restricted stock vesting percentage">25% per year over a four-year period. The grant date fair value of $<span id="xdx_90D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_pid_uUSDPShares_c20241216__20241217__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember_zbH4Ru3wzWYb" title="Restricted stock grant date fair value per share">7.78 per share is being recognized as expense on a straight-line basis over the vesting period. During the three months ended June 30, 2026, none of the shares became vested or were forfeited. As of June 30, 2026, <span id="xdx_90E_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedOrForfeited_iI_pid_uShares_c20260630__us-gaap--PlanNameAxis__custom--EquityIncentivePlanDecember172024Member__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember_zvkbhJ3Gao79" title="Shares issued that were vested or forfeited">50,000 of the shares issued on December 17, 2024 had been vested or forfeited. On December 12, 2025, <span id="xdx_900_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_pid_uShares_c20251211__20251212__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember_z68XF1nt0Xz4" title="Restricted common stock shares awarded">40,000 shares of restricted common stock with a fair value of $<span id="xdx_90D_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue_pid_uUSDPShares_c20251211__20251212__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember_zoFvlZ1zIXfa" title="Restricted stock grant date fair value per share">3.83 per share, the stock price on the grant date, were issued to an employee. These shares vest <span id="xdx_906_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_pid_dp_uRatio_c20251211__20251212__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember_zSkEEOLDYe02" title="Restricted stock vesting percentage">25% per year over a four-year period on each anniversary of the grant date. The grant date fair value of $<span id="xdx_90F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_pid_uUSDPShares_c20251211__20251212__us-gaap--PlanNameAxis__custom--EquityIncentivePlanMember__us-gaap--AwardTypeAxis__custom--RestrictedCommonStockMember_z3LkfGTGXF5e" title="Restricted stock grant date fair value per share">3.83 per share is being recognized as expense on a straight-line basis over the vesting period of four years. As of June 30, 2026, none of the shares issued on December 12, 2025 had vested or been forfeited. Restricted Stock Restricted stock activity for the six months ended June 30, 2026 is summarized below: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td>Schedule of Restricted Stock Activity </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Weighted-</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Average</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Grant</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Restricted</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Date Fair</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Outstanding at</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Stock</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Value</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 70%; font-weight: bold; text-align: left">December 31, 2025</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_iS_pid_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_z5AKp8LUOOO" style="width: 12%; text-align: right" title="Restricted Stock, Number, Beginning Balance">105,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_iS_pid_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zijBeqQZgjzi" style="width: 12%; text-align: right" title="Weighted Average Grant Date Fair Value of Restricted Stock, Price per Share, Beginning Balance">6.08</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Granted</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_pid_d0_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zHZTmBzPGrk7" style="text-align: right" title="Restricted Stock, Number, Granted">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_pid_d0_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zb67o3qiR1oa" style="text-align: right" title="Weighted-Average Grant Date Fair Value of Restricted Stock, Price per Share, Granted">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Vested</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_pid_d0_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zMbd8d2O8R76" style="text-align: right" title="Restricted Stock, Number, Vested">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_pid_dxH_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zKcB77igXux" style="display: none; text-align: right; visibility: hidden" title="Weighted-Average Grant Date Fair Value of Restricted Stock, Price per Share, Vested::XDX::0">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Forfeited</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_iN_pid_di_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zPzcuT1KD1Fe" style="border-bottom: Black 1pt solid; text-align: right" title="Restricted Stock, Number, Forfeited">(1,750</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_pid_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zsyrNgfpWH4f" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted-Average Grant Date Fair Value of Restricted Stock, Price per Share, Forfeited">6.40</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">June 30, 2026</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_iE_pid_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zvvIkDzl2gI7" style="border-bottom: Black 2.5pt double; text-align: right" title="Restricted Stock, Number, Ending Balance">103,250</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_iE_pid_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_z0NsajkqY5P5" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted Average Grant Date Fair Value of Restricted Stock, Price per Share, Ending Balance">6.07</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> The Company recognizes forfeitures as they occur. The reduction of stock compensation expense related to forfeitures was $<span id="xdx_905_ecustom--StockBasedCompensationExpenseBenefitDueToForfeitures_uUSD_c20260401__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zi4kxiz0uKoh" title="Stock compensation expense related to forfeitures">0 and $<span id="xdx_909_ecustom--StockBasedCompensationExpenseBenefitDueToForfeitures_pn3n3_uUSD_c20250401__20250630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_z41BIl90phM8" title="Stock compensation expense related to forfeitures">5 thousand for the three months ended June 30, 2026 and 2025, respectively, and $<span id="xdx_909_ecustom--StockBasedCompensationExpenseBenefitDueToForfeitures_uUSD_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zto4ETRdEDAj" title="Stock compensation expense related to forfeitures">0 and $<span id="xdx_901_ecustom--StockBasedCompensationExpenseBenefitDueToForfeitures_pn3n3_uUSD_c20250101__20250630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zJuY76q4Q8R6" title="Stock compensation expense related to forfeitures">5 thousand for the six months ended June 30, 2026 and 2025, respectively. Stock compensation expense related to restricted stock, excluding the recognition of forfeitures, was $<span id="xdx_904_eus-gaap--AllocatedShareBasedCompensationExpense_pn3n3_uUSD_c20260401__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zVwreuAqD4e9" title="Stock compensation expense related to restricted stock">70 thousand and $<span id="xdx_908_eus-gaap--AllocatedShareBasedCompensationExpense_pn3n3_uUSD_c20250401__20250630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zktQLaR2CDYk" title="Stock compensation expense related to restricted stock">72 thousand for the three months ended June 30, 2026 and 2025, respectively, and $<span id="xdx_90F_eus-gaap--AllocatedShareBasedCompensationExpense_pn5n6_uUSD_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zxH0EbySwcw3" title="Stock compensation expense related to restricted stock">0.1 million and $<span id="xdx_908_eus-gaap--AllocatedShareBasedCompensationExpense_pn5n6_uUSD_c20250101__20250630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zDxk4lJJABT" title="Stock compensation expense related to restricted stock">0.2 million for the six months ended June 30, 2026 and 2025, respectively. Unrecognized stock compensation expense was $0.5 million as of June 30, 2026, which will be recognized over a weighted-average period of <span id="xdx_908_eus-gaap--EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_dtY_c20260101__20260630_zrZ7SiO80Aj9" title="Weighted-average period of unrecognized stock compensation expense">2.5 years. Stock Options Stock options expire ten years after the grant date. Options that have been granted are exercisable and vest based on the terms of the related agreements. The following table summarizes the Company’s stock options activity after December 31, 2025: Schedule of Stock Option Activity <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Weighted-</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Average</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td><td> </td> <td colspan="2"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Weighted-</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Remaining</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Average</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Contractual</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Number of</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Exercise</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Term</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: left"> </td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Options</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">(In Years)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 54%; padding-bottom: 2.5pt; font-weight: bold; text-align: left">Outstanding - December 31, 2025</td><td style="width: 1%; padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"> </td><td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_pid_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zof3tcuwpxYk" style="border-bottom: Black 2.5pt double; width: 12%; text-align: right" title="Number of Options, Beginning Balance">77,550</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_pid_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zoFudaUM41H2" style="border-bottom: Black 2.5pt double; width: 12%; text-align: right" title="Weighted Average Exercise Price, Beginning Balance">5.55</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"> </td><td id="xdx_98A_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20250101__20251231__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zsbdQnc64hij" style="border-bottom: Black 2.5pt double; width: 12%; text-align: right" title="Weighted-Average Remaining Contractual Term (in Years)">2.08</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Granted</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_pid_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zpdBUrLKVGWi" style="text-align: right" title="Number of Options, Granted">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_pid_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zhvYapiztiQg" style="text-align: right" title="Weighted Average Exercise Price, Granted">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Exercised</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_pid_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zGOnCnbk7PN" style="text-align: right" title="Number of Options, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_pid_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zID2XrM6goji" style="text-align: right" title="Weighted Average Exercise Price, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; text-align: left">Expired</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_pid_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zoAOKDQ5bi48" style="border-bottom: Black 1pt solid; text-align: right" title="Number of Options, Expired">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_pid_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zjnIlPOsqFOb" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted Average Exercise Price, Expired">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">Outstanding - June 30, 2026</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_pid_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zkn7zR4uoBfa" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of Options, Ending Balance">77,550</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_pid_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zJqlqh6ccffg" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted Average Exercise Price, Ending Balance">5.55</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_987_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_z3erZdmmjlf1" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted-Average Remaining Contractual Term (in Years)">1.58</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">Exercisable - June 30, 2026</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_pid_uShares_c20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zXrMuTDhsFel" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of Options, Exercisable">77,550</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_iI_pid_uUSDPShares_c20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_z3ILV6dQQ54j" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted Average Exercise Price, Exercisable">5.55</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98B_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_dtY_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zimlPw2vivf8" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted-Average Remaining Contractual Term Exercisable (in Years)">1.58</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> As of June 30, 2026, all outstanding stock options are fully vested. The stock options outstanding had no intrinsic value as of June 30, 2026 and December 31, 2025.

397473

2250000

1500000

1676973

1675223

77000

0.25

6.40

1750

63750

20000

2.65

10000

2.65

100000

7.78

10000

30000

60000

0.25

7.78

50000

40000

3.83

0.25

3.83

Restricted stock activity for the six months ended June 30, 2026 is summarized below: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td>Schedule of Restricted Stock Activity </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Weighted-</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Average</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Grant</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Restricted</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Date Fair</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Outstanding at</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Stock</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Value</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 70%; font-weight: bold; text-align: left">December 31, 2025</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_iS_pid_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_z5AKp8LUOOO" style="width: 12%; text-align: right" title="Restricted Stock, Number, Beginning Balance">105,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_iS_pid_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zijBeqQZgjzi" style="width: 12%; text-align: right" title="Weighted Average Grant Date Fair Value of Restricted Stock, Price per Share, Beginning Balance">6.08</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Granted</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_pid_d0_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zHZTmBzPGrk7" style="text-align: right" title="Restricted Stock, Number, Granted">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_pid_d0_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zb67o3qiR1oa" style="text-align: right" title="Weighted-Average Grant Date Fair Value of Restricted Stock, Price per Share, Granted">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Vested</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_pid_d0_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zMbd8d2O8R76" style="text-align: right" title="Restricted Stock, Number, Vested">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_pid_dxH_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zKcB77igXux" style="display: none; text-align: right; visibility: hidden" title="Weighted-Average Grant Date Fair Value of Restricted Stock, Price per Share, Vested::XDX::0">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Forfeited</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_iN_pid_di_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zPzcuT1KD1Fe" style="border-bottom: Black 1pt solid; text-align: right" title="Restricted Stock, Number, Forfeited">(1,750</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_pid_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zsyrNgfpWH4f" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted-Average Grant Date Fair Value of Restricted Stock, Price per Share, Forfeited">6.40</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">June 30, 2026</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_iE_pid_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_zvvIkDzl2gI7" style="border-bottom: Black 2.5pt double; text-align: right" title="Restricted Stock, Number, Ending Balance">103,250</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_iE_pid_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockMember_z0NsajkqY5P5" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted Average Grant Date Fair Value of Restricted Stock, Price per Share, Ending Balance">6.07</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

105000

6.08

1750

6.40

103250

6.07

0 5000 0 5000

70000

72000

100000

200000

500000

P2Y6M

The following table summarizes the Company’s stock options activity after December 31, 2025: Schedule of Stock Option Activity <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Weighted-</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Average</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td><td> </td> <td colspan="2"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Weighted-</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Remaining</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Average</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Contractual</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Number of</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Exercise</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Term</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: left"> </td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Options</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">(In Years)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 54%; padding-bottom: 2.5pt; font-weight: bold; text-align: left">Outstanding - December 31, 2025</td><td style="width: 1%; padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"> </td><td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_pid_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zof3tcuwpxYk" style="border-bottom: Black 2.5pt double; width: 12%; text-align: right" title="Number of Options, Beginning Balance">77,550</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_pid_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zoFudaUM41H2" style="border-bottom: Black 2.5pt double; width: 12%; text-align: right" title="Weighted Average Exercise Price, Beginning Balance">5.55</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"> </td><td id="xdx_98A_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20250101__20251231__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zsbdQnc64hij" style="border-bottom: Black 2.5pt double; width: 12%; text-align: right" title="Weighted-Average Remaining Contractual Term (in Years)">2.08</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Granted</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_pid_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zpdBUrLKVGWi" style="text-align: right" title="Number of Options, Granted">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_pid_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zhvYapiztiQg" style="text-align: right" title="Weighted Average Exercise Price, Granted">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Exercised</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_pid_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zGOnCnbk7PN" style="text-align: right" title="Number of Options, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_pid_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zID2XrM6goji" style="text-align: right" title="Weighted Average Exercise Price, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; text-align: left">Expired</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_pid_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zoAOKDQ5bi48" style="border-bottom: Black 1pt solid; text-align: right" title="Number of Options, Expired">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_pid_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zjnIlPOsqFOb" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted Average Exercise Price, Expired">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">Outstanding - June 30, 2026</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_pid_uShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zkn7zR4uoBfa" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of Options, Ending Balance">77,550</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_pid_uUSDPShares_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zJqlqh6ccffg" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted Average Exercise Price, Ending Balance">5.55</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_987_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_z3erZdmmjlf1" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted-Average Remaining Contractual Term (in Years)">1.58</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">Exercisable - June 30, 2026</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_pid_uShares_c20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zXrMuTDhsFel" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of Options, Exercisable">77,550</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_iI_pid_uUSDPShares_c20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_z3ILV6dQQ54j" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted Average Exercise Price, Exercisable">5.55</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98B_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_dtY_c20260101__20260630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zimlPw2vivf8" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted-Average Remaining Contractual Term Exercisable (in Years)">1.58</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

77550

5.55

P2Y29D

77550

5.55

P1Y6M29D

77550

5.55

P1Y6M29D

Note 9 — Income Taxes The Company accounts for income taxes in accordance with ASC 740, Income Taxes, which prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC 740 also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. Effective income tax rates for interim periods are based upon the Company’s current estimated annual tax rate, which varies based upon the Company’s estimate of taxable earnings or loss and the mix of taxable earnings or loss in the various states in which the Company operates. In addition, the Company recognizes taxes related to unusual or infrequent items or resulting from a change in judgment regarding a position taken in a prior period as discrete items in the interim period in which the event occurs. As of June 30, 2026, the Company recorded a valuation allowance against its net deferred tax assets based on management's assessment of the realizability of those assets under ASC 740. In performing its quarterly assessment, management considered all available positive and negative evidence, including recent operating results, cumulative earnings history, expectations regarding future taxable income, the reversal of existing taxable temporary differences, and other relevant factors. Based on the weight of the available evidence as of June 30, 2026, management concluded that it was more likely than not that the Company's net deferred tax assets would not be realized and, accordingly, recorded a valuation allowance to reduce the net deferred tax assets to zero. Income tax expense (benefit) was $5.7 million and ($0.7) million for the three months ended June 30, 2026 and 2025, respectively. Income tax expense (benefit) was $4.1 million and ($0.6) million for the six months ended June 30, 2026 and 2025, respectively. The effective tax rates for the three months ended June 30, 2026 and 2025 were (185.6%) and 41.1%, respectively. The effective tax rates for the six months ended June 30, 2026 and 2025 were (55.9%) and 14.5%, respectively. The decrease in the effective tax rate for the three months ended June 30, 2026 compared to the prior year period was primarily attributable to an increase in the valuation allowance. The decrease in the effective tax rate for the six months ended June 30, 2026 compared to the prior year period was primarily attributable to an increase in the valuation allowance. The effective tax rate differs from the U.S. federal statutory rate for the three and six months ended June 30, 2026, primarily due to the increase in valuation allowance, nondeductible expenses, state income taxes and the favorable impact of tax credits. As of June 30, 2026, the Company’s U.S. federal and certain state tax returns remain subject to examination, beginning with those filed for the year ended December 31, 2018.

1.856

0.411

0.559

0.145

Note 10 — Segment Reporting The Company has a single reportable segment focused on selling medical devices which are used to treat oncological and non-oncological skin conditions with SRT technology and providing services related to operating, maintaining, and repairing these devices. The Company’s chief executive officer serves as the Company’s operating decision-maker (the “CODM”), assessing performance and making operating decisions using net income as the primary measure of profitability. The CODM is not regularly provided with specific segment expenses, but focuses on revenue, gross profit, and net income. Expense information, including cost of sales can be easily computed from the provided information. These segment (and consolidated) measures of profitability are shown in the condensed consolidated statements of loss. The measure of segment assets is reported on the condensed consolidated balance sheets as total assets.

Note 11 — Subsequent Events The Company has evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the condensed consolidated financial statements were issued for potential recognition or disclosure. The Company did not identify any subsequent events that would have required adjustment to or disclosure in the condensed consolidated financial statements.

During the three months ended June 30, 2026, none of our directors or officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted or terminated any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act or any “non-Rule 10b5-1 trading arrangement” as defined in Item 408(c) of Regulation S-K. false false false false