v3.26.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash $ 11,655 $ 15,394
Accounts receivable, net 1,185 1,267
Inventory 831 838
Prepaid expenses 738 821
Other current assets 1,577 1,133
Total current assets 15,986 19,453
Non-current assets:    
Property and equipment, net 228 258
Right-of-use assets 1,260 1,407
Other assets 260 287
Total Assets 17,734 21,405
Commitments and contingencies (Note 7)
Current liabilities:    
Accounts payable 1,422 3,010
Accrued expenses 2,649 2,341
Deferred revenue 154
Lease liabilities, short-term 755 734
Notes payable 3,912 2,854
Warrant liabilities 12,535 11,533
Total current liabilities 21,273 20,626
Notes payable, long-term 4,502 5,538
Lease liabilities, long-term 769 968
Total Liabilities 26,544 27,132
Stockholders’ Deficit    
Preferred stock ($0.0001 par value); 1,000,000 shares authorized; no shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively
Common stock ($0.0001 par value); 80,000,000 shares authorized; 31,823,895 and 30,688,895 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 3 3
Additional paid-in capital 50,369 50,030
Accumulated other comprehensive income 30 40
Accumulated deficit (59,212) (55,800)
Total Stockholders’ Deficit (8,810) (5,727)
Total Liabilities and Stockholders’ Deficit $ 17,734 $ 21,405