v3.26.1
SUPPLEMENTAL FINANCIAL STATEMENT INFORMATION (Tables)
 3 Months Ended
Mar. 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
SCHEDULE OF ACCOUNTS RECEIVABLE

Accounts receivable, net is as follows (in thousands):

   March 31,
2026		   December 31,
2025		 
   Period Ended 
   March 31, 2026   December 31, 2025 
Accounts receivable amortized cost  $972   $3,083 
Allowance for credit losses   (89)   (1,511)
Net accounts receivable  $883   $1,572 
SUMMARIZES THE CHANGES IN THE ALLOWANCE FOR CREDIT LOSSES FOR ACCOUNTS RECEIVABLE

The following table summarizes the changes in the allowance for credit losses for accounts receivable (in thousands):

 

   March 31, 2026   December 31, 2025 
Balance, beginning of period  $(1,511)  $(2,616)
Provision for expected credit losses, net   (381)   (1,974)
Write-offs   1,803    3,079 
Balance, end of period  $(89)  $(1,511)
SCHEDULE OF PROPERTY PLANT AND EQUIPMENT LESS DEPRECIATION AND AMORTIZATION

The following is a summary of our property and equipment, at costs less accumulated depreciation and amortization:

 

 

(in thousands)  Estimated useful life  March 31, 2026   December 31, 2025 
Furniture, equipment and software  3 - 7 years  $7,879   $7,879 
Leasehold improvements  Lesser of lease term or 5 years   —    33 
Property and equipment, gross      7,879    7,912 
Less: accumulated depreciation      (7,757)   (7,659)
Property and equipment, net     $122   $253 
SCHEDULE OF OTHER CURRENT ASSETS

The following table summarizes the composition of other current assets as of the dates indicated:

 

(in thousands)  March 31, 2026   December 31, 2025 
Prepaid expenses  $983   $1,279 
Customs bonds   500    500 
Other   

50

    222 
Other current assets  $1,533   $2,001 
SCHEDULE OF ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

The following table summarizes the composition of accrued expenses and other current liabilities as of the dates indicated:

 

(in thousands)  March 31, 2026   December 31,2025 
Accrued employee compensation  $197   $154 
Other accrued expenses   592    1,473 
Accrued expenses and other current liabilities  $789   $1,627