v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Net revenue $ 2,758 $ 0 $ 2,758 $ 0
Costs and expenses:        
Costs of net revenue 2,758 0 2,758 0
Selling, general and administrative expenses 10,695 5,060 16,707 12,458
Total operating expense 13,453 5,060 19,465 12,458
Loss from operations (10,695) (5,060) (16,707) (12,458)
Interest income 79 0 79 0
Interest expense (1,458) 0 (1,458) 0
Loss on fair market value of convertible debt (229) 0 (229) 0
Other expense, net (503) 0 (503) 0
Loss before income tax benefit (provision) (12,806) (5,060) (18,818) (12,458)
Income tax benefit (provision) 28 (81) (51) (147)
Net loss from continuing operations (12,778) (5,141) (18,869) (12,605)
Discontinued operations (note 3)        
Loss from discontinued operations before gain from disposal, net of tax (25,143) (10,360) (39,776) (24,771)
Gain from disposal of discontinued operations 21,552 0 21,552 0
Loss from discontinued operations, net of tax (3,591) (10,360) (18,224) (24,771)
Net loss $ (16,369) $ (15,501) $ (37,093) $ (37,376)
Net loss per share data:        
Net loss per share attributable to common stockholders from continuing operations, basic and diluted (in dollars per share) $ (1.39) $ (0.64) $ (2.11) $ (1.56)
Net loss per share attributable to common stockholders from discontinued operations, basic and diluted (in dollars per share) (0.39) (1.28) (2.04) (3.08)
Net loss per share attributable to common stockholders, basic and diluted (in dollars per share) $ (1.79) $ (1.92) $ (4.14) $ (4.64)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted (in shares) 9,164,890 8,090,259 8,950,876 8,055,136
Other comprehensive income (loss):        
Foreign currency translation gain (loss) $ 28 $ 1,894 $ (13) $ 2,584
Total comprehensive loss $ (16,341) $ (13,607) $ (37,106) $ (34,792)