v3.26.3
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Temporary Equity [Member]
Convertible Preferred Stock [Member]
Balance at Dec. 31, 2023 $ 3 $ 1 $ 103,292 $ 76 $ (117,053) $ (13,681)
Balance, shares at Dec. 31, 2023 22,459,576 146,196        
Stock based compensation related to options granted to employees and non-employees 961 961
Exercise of options and vesting of early exercise    
Exercise of options and vesting of early exercise, shares   1,989          
Issuance of common shares   3,000 3,000
Issuance of common shares, shares 2,050,896            
Issuance of Series CF preferred stock   4,256 4,256  
Issuance of Series CF preferred stock, shares 2,049,794            
Foreign currency translation adjustments, net of tax (32) (32)
Net income (11,017) (11,017)
Balance at Dec. 31, 2024 $ 3 $ 1 111,509 44 (128,070) (16,513)
Balance, shares at Dec. 31, 2024 26,560,266 148,185        
Stock based compensation related to options granted to employees and non-employees 82 82
Exercise of options and vesting of early exercise [1] [1] [1]
Exercise of options and vesting of early exercise, shares   31          
Issuance of Series CF preferred stock [1] 2,476 2,476
Issuance of Series CF preferred stock, shares 1,033,601            
Foreign currency translation adjustments, net of tax (17) (17)
Net income (2,162) (2,162)
Balance at Mar. 31, 2025 $ 3 $ 1 114,067 27 (130,232) (16,134)
Balance, shares at Mar. 31, 2025 27,593,867 148,216        
Balance at Dec. 31, 2024 $ 3 $ 1 111,509 44 (128,070) (16,513)
Balance, shares at Dec. 31, 2024 26,560,266 148,185        
Net income           (5,197)  
Redemption of Series G convertible preferred stock            
Balance at Jun. 30, 2025 $ 3 $ 1 115,057 (14) (133,267) (18,220) $ 2,746
Balance, shares at Jun. 30, 2025 27,888,477 158,239         329,671
Balance at Dec. 31, 2024 $ 3 $ 1 111,509 44 (128,070) (16,513)
Balance, shares at Dec. 31, 2024 26,560,266 148,185        
Stock based compensation related to options granted to employees and non-employees 615 615
Exercise of options and vesting of early exercise      
Exercise of options and vesting of early exercise, shares   45          
Issuance of Series CF preferred stock 2,753 2,753
Issuance of Series CF preferred stock, shares 1,318,671            
Foreign currency translation adjustments, net of tax (114) (114)
Net income (10,549) (10,549)
Issuance of common shares for service   533 533
Issuance of common shares for service, shares   11,483          
Issuance of Series C convertible preferred stock- net of issuance costs $ 2,746
Issuance of Series C convertible preferred stock- net of issuance costs, shares             329,671
Issuance of Series D convertible preferred stock- net of issuance costs $ 1,815
Issuance of Series D convertible preferred stock- net of issuance costs, shares             225,276
Issuance of Series F preferred stock    
Issuance of Series F preferred stock, shares 10,000 (167)          
Issuance of Series CF-2 Preferred Stock 762 762
Issuance of Series CF-2 Preferred Stock, shares 212,033            
Issuance of Series E Preferred Stock $ 6,828
Issuance of Series E Preferred Stock, shares             682,770
Conversion of B-2 Preferred Stock into Common Stock $ (1)   (1)  
Conversion of B-2 Preferred Stock into Common Stock, shares (7,025,651) 351,283          
Conversion of CF-1 and CF2 Preferred Stock into Common Stock non-voting      
Issuance of Series CF-1 preferred stock, shares (3,580,499) 179,025          
Common Stock Dividend   384 (384)  
Common Stock Dividend, shares   4,968          
Cash Dividend (149) (149)  
Balance at Dec. 31, 2025 $ 2 $ 1 116,556 (70) (139,152) (22,663) $ 11,389
Balance, shares at Dec. 31, 2025 17,494,820 694,822         1,237,717
Balance at Mar. 31, 2025 $ 3 $ 1 114,067 27 (130,232) (16,134)
Balance, shares at Mar. 31, 2025 27,593,867 148,216        
Stock based compensation related to options granted to employees and non-employees 280 280
Issuance of common shares 433 433
Issuance of common shares, shares   10,190          
Issuance of Series CF preferred stock [1] 277 277
Issuance of Series CF preferred stock, shares 284,610            
Foreign currency translation adjustments, net of tax (41) (41)
Net income (3,035) (3,035)
Issuance of Series C convertible preferred stock- net of issuance costs $ 2,746
Issuance of Series C convertible preferred stock- net of issuance costs, shares             329,671
Issuance of Series F preferred stock [1] [1]
Issuance of Series F preferred stock, shares 10,000 (167)          
Balance at Jun. 30, 2025 $ 3 $ 1 115,057 (14) (133,267) (18,220) $ 2,746
Balance, shares at Jun. 30, 2025 27,888,477 158,239         329,671
Balance at Dec. 31, 2025 $ 2 $ 1 116,556 (70) (139,152) (22,663) $ 11,389
Balance, shares at Dec. 31, 2025 17,494,820 694,822         1,237,717
Stock based compensation related to options granted to employees and non-employees 203 203
Exercise of options and vesting of early exercise [1] [1]
Exercise of options and vesting of early exercise, shares   5          
Foreign currency translation adjustments, net of tax (27) (27)
Net income (6,703) (6,703)
Issuance of common shares for service [1] 2,035 2,035
Issuance of common shares for service, shares   8,099          
Issuance of Series D convertible preferred stock- net of issuance costs $ 2,679
Issuance of Series D convertible preferred stock- net of issuance costs, shares             324,175
Conversion of B-2 Preferred Stock into Common Stock [1] [1] [1]
Conversion of B-2 Preferred Stock into Common Stock, shares (607,775) 30,389          
Common Stock Dividend [1] 85 (85) [1]
Common Stock Dividend, shares   1,106          
Cash Dividend (136) (136)
Issuance of common shares related to direct listing [1] [1] [1]
Issuance of common shares related to direct listing, shares   20,911          
Exercise of Common Warrants to Common Stock [1] 20 20
Exercise of Common Warrants to Common Stock, shares   224          
Conversion of Series E Preferred Stock into Common Stock [1] 6,829 6,829 $ (6,828)
Conversion of Series E Preferred Stock into Common Stock, shares   73,893         (682,770)
Exercise of Series D Common Warrants into Common Stock - net of issuance costs [1] 93 93
Exercise of Series D Common Warrants into Common Stock - net of issuance costs, shares   405          
Conversion of Series D Convertible Preferred Stock into Common Stock [1] 196 196 $ (196)
Conversion of Series D Convertible Preferred Stock into Common Stock, shares   972         (24,000)
Exercise of Series C Common Warrants into Common Stock - net of issuance costs [1] 3,121 3,121
Exercise of Series C Common Warrants into Common Stock - net of issuance costs, shares   51,667          
Conversion of Series C Convertible Preferred Stock into Common Stock [1] 2,309 2,309 $ (2,309)
Conversion of Series C Convertible Preferred Stock into Common Stock, shares   68,387         (277,171)
Conversion of B-3 Preferred Stock into Common Stock [1] [1] [1]
Conversion of B-3 Preferred Stock into Common Stock, shares (2,057,103) 102,855          
Direct Listing Costs (250) (250)
Conversion of promissory notes into Series G convertible preferred stock- net of issuance costs, shares             366,941
RedemptionOfSeriesGConvertiblePreferredStock, shares             (123,096)
Balance at Mar. 31, 2026 $ 2 $ 1 131,197 (97) (146,076) (14,973) $ 4,735
Balance, shares at Mar. 31, 2026 14,829,942 1,053,735         577,951
Balance at Dec. 31, 2025 $ 2 $ 1 116,556 (70) (139,152) (22,663) $ 11,389
Balance, shares at Dec. 31, 2025 17,494,820 694,822         1,237,717
Net income           $ (11,473)  
Issuance of common shares for service, shares           50,908  
Redemption of Series G convertible preferred stock           $ 1,220  
Balance at Jun. 30, 2026 $ 2 $ 1 137,681 (111) (150,979) (13,406) $ 7,153
Balance, shares at Jun. 30, 2026 14,651,864 1,498,664         821,796
Balance at Mar. 31, 2026 $ 2 $ 1 131,197 (97) (146,076) (14,973) $ 4,735
Balance, shares at Mar. 31, 2026 14,829,942 1,053,735         577,951
Stock based compensation related to options granted to employees and non-employees 364 364
Foreign currency translation adjustments, net of tax (14) (14)
Net income (4,772) (4,772)
Issuance of common shares for service [1] 436 436
Issuance of common shares for service, shares   42,809          
Cash Dividend (131) (131)
Exercise of Common Warrants to Common Stock [1] 1 1
Exercise of Common Warrants to Common Stock, shares   7          
Exercise of Series D Common Warrants into Common Stock - net of issuance costs [1] 1,654 1,654
Exercise of Series D Common Warrants into Common Stock - net of issuance costs, shares   71,300          
Conversion of B-3 Preferred Stock into Common Stock [1] [1] [1]
Conversion of B-3 Preferred Stock into Common Stock, shares (178,078) 8,904          
Issuance of Common Stock under Equity Line of Credit - net of issuance costs [1] 4,029 4,029
Issuance of Common Stock under Equity Line of Credit - net of issuance costs, shares   321,909          
Conversion of promissory notes into Series G convertible preferred stock- net of issuance costs 3,638
Conversion of promissory notes into Series G convertible preferred stock- net of issuance costs, shares            
Redemption of Series G convertible preferred stock (1,220)
Balance at Jun. 30, 2026 $ 2 $ 1 $ 137,681 $ (111) $ (150,979) $ (13,406) $ 7,153
Balance, shares at Jun. 30, 2026 14,651,864 1,498,664         821,796
[1] Represents less than $1