v3.26.1
Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues, net:        
Revenues $ 2,954 $ 2,131 $ 4,104 $ 2,744
Cost of revenues:        
Cost of revenues 2,338 2,258 3,213 3,229
Gross profit (loss) 616 (127) 891 (485)
Operating expenses:        
Research and development 1,374 743 3,269 1,551
Selling, general and administrative 3,871 2,651 6,762 4,731
Total operating expenses 5,245 3,394 10,031 6,282
Operating loss (4,629) (3,521) (9,140) (6,767)
Other income (expenses):        
Interest expense (89) (2,427) (94) (2,982)
Derivative loss 0 (776) 0 (2,505)
Change in fair value of senior secured note and warrant liability 2,743 0 5,741 0
Gain (Loss) on Extinguishment of Debt (3,186) 0 (9,284) 0
Loss on warrant exchange (505) 0 (505) 0
Other income 13 0 13 0
Total other income (expenses), net (1,024) (3,203) (4,129) (5,487)
Loss before income taxes (5,653) (6,724) (13,269) (12,254)
Provision for income taxes (7) 0 (7) (31)
Net loss (5,660) (6,724) (13,276) (12,285)
Undeclared Series A-1 preferred dividends 0 (796) 0 (1,576)
Net loss attributable to common stockholders $ (5,660) $ (7,520) $ (13,276) $ (13,861)
Net loss per share—basic and diluted (in dollars per share) $ (3.05) $ (42.39) $ (7.93) $ (82.32)
Weighted average shares of common stock outstanding—basic and diluted (in shares) 1,855,813 177,389 1,673,298 168,377
Comprehensive Loss:        
Net loss $ (5,660) $ (6,724) $ (13,276) $ (12,285)
Foreign currency translation adjustments, net of tax 23 (15) 41 (16)
Comprehensive loss (5,637) (6,739) (13,235) (12,301)
Product [Member]        
Revenues, net:        
Revenues 2,935 2,131 3,878 2,744
Cost of revenues:        
Cost of revenues 1,720 1,551 2,157 2,119
Rentals [Member]        
Revenues, net:        
Revenues 19 0 226 0
Cost of revenues:        
Cost of revenues $ 618 $ 707 $ 1,056 $ 1,110