v3.26.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 39 $ 161
Prepaid expenses and other current assets 0 131
Taxes recoverable 9 347
Total Current Assets 48 639
Capitalized costs 0 4,775
Intangible assets 37,980 1,554
Goodwill 18,964 241
Long-term prepaid expenses 518 518
Total Assets 57,510 7,727
Current Liabilities    
Accounts Payable, Current 8,445 9,799
Accrued liabilities 3,262 2,371
Taxes payable 0 14
Operating lease liability 0 28
Convertible notes measured at fair value 8,813 1,702
Short term convertible and non-convertible promissory notes, net of debt issuance costs 7,908 24,851
Derivative liability - warrants 1,268 811
Other payables 5,188 0
Total Current Liabilities 34,884 39,576
Long term convertible and non-convertible promissory notes, net of debt issuance costs 0 1,629
Operating lease liability, net of current portion 0 407
Total Liabilities 34,884 41,612
Shareholders’ Deficit    
Common stock, $0.0001 par value, 600,000,000 authorized as of September 30, 2025 and 300,000,000 authorized as of December 31, 2024; 690,283 issued and outstanding as of September 30, 2025 and 25,189 issued and outstanding as of December 31, 2024. 0 0
Additional paid in capital 44,289 35,927
Foreign currency translation reserve (2,585) (2,679)
Accumulated deficit (71,827) (67,133)
Shareholders’ Equity (Deficit) attributable to parent 2,215 (33,885)
Noncontrolling interest 20,411 0
Total Shareholders’ Equity (Deficit) 22,626 (33,885)
Total Liabilities and Shareholder’ Equity (Deficit) 57,510 7,727
Series A Preferred Stock [Member]    
Shareholders’ Deficit    
Preferred stock 60 0
Series B Preferred Stock [Member]    
Shareholders’ Deficit    
Preferred stock $ 32,278 $ 0