v3.26.1
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (6,928) $ (7,367)
Adjustments to reconcile net loss to net cash used in operating activities:    
Bad debt expense 101 363
Depreciation and amortization 3,378 482
Amortization of operating lease right of use asset 608 254
Amortization of debt discount 178 810
Gain on sale of asset (16) (1)
Loss on extinguishment of debt 0 114
Stock-based compensation 5 0
Change in operating assets and liabilities:    
Accounts receivable 826 394
Inventory 679 177
Prepaid expenses and other current assets 222 (156)
Accounts payable and accrued expenses 1,953 (1,730)
Operating lease liabilities (111) (104)
NET CASH PROVIDED BY/(USED IN) OPERATING ACTIVITIES 895 (6,764)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, equipment and leasehold improvements (3,364) (133)
Proceed from sale of asset 0 11
NET CASH USED IN INVESTING ACTIVITIES (3,364) (122)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from debt 13,500 1,625
Payments of debt principal (1,465) (3,448)
Proceeds from sale of preferred stock 0 3,000
Proceeds from sales of common stock from Equity Distribution Agreement 0 1,759
Proceeds from common stock warrant exercises 0 3,261
Principal payments on finance lease liabilities (22) (20)
NET CASH PROVIDED BY FINANCING ACTIVITIES 12,013 6,177
NET CHANGE IN CASH AND RESTRICTED CASH 9,544 (709)
Cash and restricted cash at beginning of period 1,114 3,530
CASH AND RESTRICTED CASH AT END OF PERIOD 10,658 2,821
SUPPLEMENTAL DISCLOSURE FOR OPERATING ACTIVITIES:    
Cash paid for interest 122 56
SUPPLEMENTAL DISCLOSURE FOR NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Exchange of preferred stock for common stock 9,781 0
Issuance of preferred stock to settle preferred return payable 590 155
Obligation to issue preferred stock to settle dividends payable 409 0
Discount on note payable related to embedded derivative 86 0
Assets acquired through issuing preferred stock 0 12,000
Issuance of common stock for warrant exercise $ 0 $ 459