v3.26.1
Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 1,180 $ 6,154
Accounts receivable, net of allowance for credit losses of $457 and $303 as of June 30, 2026 and December 31, 2025, respectively 3,559 2,407
Inventories 2,897 1,004
Network financing receivable, current 195 213
Prepaid expenses and other current assets 387 550
Total current assets 8,218 10,328
Property and equipment, net 52  
Network financing receivable, net of current 990 1,078
Lease right-of-use assets, net 418 28
Net investment in lease 386 483
Other non-current assets 36 26
TOTAL ASSETS 10,100 11,943
Current Liabilities    
Deferred revenue 5,307 2,886
Accounts payable 1,779 1,813
Accrued expenses and other current liabilities 806 495
Operating lease liabilities, current 54 29
Total current liabilities 9,121 6,223
Operating lease liabilities, net of current 384  
Deferred revenue, net of current 293 308
SAFE liability 0 0
TOTAL LIABILITIES 10,857 7,527
Commitments and contingencies (see Note 13)
STOCKHOLDERS' EQUITY (DEFICIT)    
Preferred stock, $0.0001 par value, 100,000 shares authorized as of June 30, 2026 and December 31, 2025; 0 shares issued and outstanding as of June 30, 2026 and December 31, 2025
Common stock, $0.0001 par value, 14,900,000 shares authorized; 6,619,796 and 6,619,796 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively
Additional Paid-in Capital 19,129 19,009
Accumulated deficit (19,886) (14,593)
Total stockholders' equity (deficit) (757) 4,416
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) 10,100 11,943
Related party    
Current Liabilities    
Related party debt, current 973 804
Related party debt, net of current 666 506
Nonrelated Party    
Current Liabilities    
Note payable, current 202 196
Note payable, net of current $ 393 $ 490