Foreign Operations

9 Months Ended

Sep. 30, 2025

Foreign Operations [Abstract]

Foreign Operations

Note 15 - Foreign Operations

Prior to the XTI Merger, the Company’s operations were located primarily in the United States. After the XTI Merger, the Company’s operations are located primarily in the United States, Germany, and the United Kingdom. Revenues by geographic area are attributed by the country of domicile of our subsidiaries. The financial data by geographic area are as follows (in thousands):

	United States			Germany			United Kingdom			Eliminations			Total
For the Three Months Ended September 30, 2025:
Revenues by geographic area	$	750		$	1,873		$	—		$	(139	)	$	2,484
Operating loss by geographic area	$	(14,125	)	$	(684	)	$	—		$	—		$	(14,809	)
Net loss by geographic area	$	(12,761	)	$	(685	)	$	—		$	—		$	(13,446	)
For the Three Months Ended September 30, 2024:
Revenues by geographic area	$	435		$	622		$	—		$	(139	)	$	918
Operating loss by geographic area	$	(3,167	)	$	(1,049	)	$	—		$	—		$	(4,216	)
Net loss by geographic area	$	(3,389	)	$	(1,046	)	$	—		$	—		$	(4,435	)
For the Nine Months Ended September 30, 2025:
Revenues by geographic area	$	1,348		$	2,637		$	—		$	(417	)	$	3,568
Operating loss by geographic area	$	(29,929	)	$	(6,410	)	$	(2	)	$	—		$	(36,341	)
Net loss by geographic area	$	(40,774	)	$	(6,400	)	$	(2	)	$	—		$	(47,176	)
For the Nine Months Ended September 30, 2024:
Revenues by geographic area	$	758		$	1,689		$	—		$	(278	)	$	2,169
Operating loss by geographic area	$	(25,146	)	$	(1,874	)	$	—		$	—		$	(27,020	)
Net loss by geographic area	$	(19,886	)	$	(1,861	)	$	—		$	—		$	(21,747	)
As of September 30, 2025:
Identifiable assets by geographic area	$	79,565		$	19,451		$	—		$	(51,085	)	$	47,931
Long lived assets by geographic area	$	754		$	900		$	—		$	—		$	1,654
Goodwill by geographic area	$	2,227		$	6,933		$	—		$	—		$	9,160
As of December 31, 2024:
Identifiable assets by geographic area	$	44,198		$	19,763		$	11		$	(39,681	)	$	24,291
Long lived assets by geographic area	$	1,053		$	1,377		$	—		$	—		$	2,430
Goodwill by geographic area	$	3,142		$	8,930		$	—		$	—		$	12,072