v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 3,807 $ 8,453
Accounts receivable 1,014 874
Inventory 282 304
Other current assets 558 186
Total current assets 5,661 9,817
Non-current assets:    
Fixed assets, net 298 305
TOTAL ASSETS 5,959 10,122
Current liabilities:    
Accounts payable 237 531
Accrued expenses 97 8
Deferred revenue 674 590
Derivative liability 0 1,321
Preferred Dividends Payable 134 83
Total current liabilities 1,142 2,533
Note Payable, maturing July 30, 2027 1,300 0
Total long-term liabilities 1,300 0
TOTAL LIABILITIES 2,442 2,533
TEMPORARY EQUITY:    
Preferred Stock, $0.0001 par value; 0 and 5,166 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 0 4,187
STOCKHOLDERS' EQUITY:    
Preferred Stock, $0.0001 par value; 5,000,000 shares authorized; 3,911 and 0 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 0 0
Additional paid-in capital 59,318 53,987
Accumulated deficit (55,794) (50,586)
Accumulated other Comprehensive Income (10) (2)
TOTAL TEMPORARY EQUITY AND STOCKHOLDERS’ EQUITY 3,517 7,589
TOTAL LIABILITIES, TEMPORARY EQUITY AND STOCKHOLDERS' EQUITY 5,959 10,122
Common Class A [Member]    
STOCKHOLDERS' EQUITY:    
Common stock value 3 3
Common Class B [Member]    
STOCKHOLDERS' EQUITY:    
Common stock value $ 0 $ 0