v3.26.1
Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 1,677 $ 3,756
Accounts receivable, net 1,947 1,698
Inventory 783 1,054
Prepaid expenses and other current assets 400 260
Total current assets 4,807 6,768
Property and equipment, net (Note 3) 771 918
Deposits 51 51
Operating lease right-of-use asset (Note 6) 1,431 131
Intangible assets, net (Note 4) 455 485
Goodwill 2,407 2,407
TOTAL ASSETS 9,922 10,760
Current liabilities:    
Accounts payable 628 845
Accrued expenses (Note 5) 1,952 1,637
Current portion of accrued commissions 674 590
Current portion of operating lease liability (Note 6) 215 141
Current portion of contingent consideration (Note 10) 29
Convertible notes (Note 7) 4,332
Derivative liability (Note 8) 475
Total current liabilities 8,305 3,213
Accrued commissions, net of current portion 1,250 1,514
Operating lease liability, net of current portion (Note 6) 1,131
Contingent consideration, net of current portion (Note 10) 979 993
Total liabilities 11,665 5,720
Commitments and contingencies (Note 10)
Stockholders’ (deficit) equity:    
Common stock, $0.001 par value; 130,000,000 shares authorized at June 30, 2026 and December 31, 2025; 330,670 and 310,036 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively
Additional paid-in capital 84,011 83,268
Accumulated deficit (88,828) (81,302)
Total stockholders’ (deficit) equity (1,743) 5,040
TOTAL LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY 9,922 10,760
Series A Convertible Preferred Stock    
Stockholders’ (deficit) equity:    
Convertible preferred stock, value 2,622 2,622
Series B Convertible Preferred Stock    
Stockholders’ (deficit) equity:    
Convertible preferred stock, value $ 452 $ 452