v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 520 $ 728
Accounts receivable, net of provision for credit losses of $944000 2,684 3,126
Prepaid expenses and other current assets 1,419 890
Total current assets 4,623 4,744
Property, equipment and software, net 99 166
Goodwill 6,520 6,520
Intangible assets, net 7,025 7,852
Operating lease right-of-use assets 607 702
Other long-term assets 47 172
Total assets 18,921 20,156
CURRENT LIABILITIES    
Liability related to tax receivable agreement, current portion 0 41
Current maturities of long-term debt - related party 17,335 12,003
Deferred revenues 795 513
Operating lease liabilities, current portion 232 221
Total current liabilities 32,112 26,425
Long-term debt, net of current portion 144 146
Operating lease liabilities, net of current portion 490 608
Total liabilities 32,746 27,179
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS’ DEFICIT    
Series A Convertible Preferred Stock, $0.001 par value per share, 10,000,000 shares authorized, 27,077 shares issued and outstanding 0 0
Additional paid-in capital 27,899 25,812
Accumulated deficit (36,365) (27,720)
Noncontrolling interest (5,360) (5,115)
Total stockholders’ deficit (13,825) (7,023)
Total liabilities and stockholders’ deficit 18,921 20,156
Nonrelated Party    
CURRENT LIABILITIES    
Accounts payable 9,587 7,820
Accrued liabilities 2,406 2,164
Long-term debt, net of current portion 144 146
Related Party    
CURRENT LIABILITIES    
Accounts payable 538 0
Accrued liabilities 1,219 3,663
Current maturities of long-term debt - related party 17,335 12,003
Class A Common Stock    
STOCKHOLDERS’ DEFICIT    
Common stock 1 0
Class B Common Stock    
STOCKHOLDERS’ DEFICIT    
Common stock $ 0 $ 0