v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 10,843 $ 7,901
Trade accounts receivable, net of allowance for credit losses of $31 and $29, respectively 4,302 2,841
Inventories 6,189 5,710
Other current assets 856 799
TOTAL CURRENT ASSETS 22,190 17,251
Property and equipment - net 678 807
Other assets 1,774 2,118
TOTAL ASSETS 24,642 20,176
CURRENT LIABILITIES:    
Accounts payable 1,350 1,227
Accrued compensation 725 958
Deferred revenue 1,093 1,464
Other accrued liabilities 2,104 1,328
Convertible debenture net of debt issuance costs 6,208 0
Income taxes payable 4 4
TOTAL CURRENT LIABILITIES 11,484 4,981
Deferred foreign income tax 250 250
Operating lease liabilities 1,056 1,411
Long-term other payables 0 20
STOCKHOLDERS' EQUITY    
Preferred stock value 0 0
Common stock, at stated value - Authorized, 30,000,000 shares Issued and outstanding, 10,395,627 shares as of June 30, 2026 and 9,391,922 shares as of December 31, 2025 25,916 24,062
Additional paid in capital 1,165 0
Accumulated deficit (15,773) (10,974)
Accumulated other comprehensive income (loss) 544 426
TOTAL STOCKHOLDERS' EQUITY 11,852 13,514
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 24,642 20,176
Series B Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Preferred stock value $ 0 $ 0