XML 38 R27.htm IDEA: XBRL DOCUMENT v3.25.1
Note 2 - Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2025
Notes Tables  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
  

For the Three Months Ended

 
  

March 31,

 
  

2025

  

2024

 

Revenues

 $143  $82 

Less:

        

Cost of revenues

  11   5 

Acquired in-process research and development expense

  119   — 

Depreciation and amortization expense

  531   522 

Stock-based compensation expense

  91   6 

Salaries and benefits expense

  1,314   661 

Professional fees

  727   672 

Research and development expense

  103   37 

Interest income

  (18)  (33)

Interest expense

  49   3 

Change in fair value of royalties payable due to related parties

  1,163   86 

Income tax benefit

  (724)  — 

Other segment items (1)

  822   798 

Segment net loss

  (4,045)  (2,675)
         

Reconciliation of net loss

        

Adjustments and reconciling items

  —   — 

Consolidated net loss

 $(4,045) $(2,675)
Fair Value, by Balance Sheet Grouping [Table Text Block]
      

March 31, 2025

     
  

Total

  

Level 1

  

Level 2

  

Level 3

 

Assets:

                

Cash Equivalents

                

Mutual funds

 $420  $420  $—  $— 

Money market funds

  13   13   —   — 

Total assets

 $433  $433  $—  $— 
                 

Liabilities:

                

Royalties payable due to related parties

 $10,376  $—  $—  $10,376 

Total liabilities

 $10,376  $—  $—  $10,376 
      

December 31, 2024

     
  

Total

  

Level 1

  

Level 2

  

Level 3

 

Assets:

                

Cash Equivalents

                

Mutual funds

 $2,803  $2,803  $—  $— 

Money market funds

  12   12   —   — 

Total assets

 $2,815  $2,815  $—  $— 
                 

Liabilities:

                

Royalties payable due to related parties

 $9,213  $—  $—  $9,213 

Total liabilities

 $9,213  $—  $—  $9,213 
Schedule of Property, Plant and Equipment, Useful Life [Table Text Block]

Machinery and equipment

  2 - 5 years 

Computer hardware and software

  1 - 5 years 

LockeT animation video

  3 years 

VIVO DEMO/Clinical Systems

  1-5 years 
Disaggregation of Revenue [Table Text Block]
  

For the Three Months Ended March 31,

 
  

2025

  

2024

 

Product Sales

        

US

 $135  $8 

Europe

  8   74 
 
Royalties Payable [Member]  
Notes Tables  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
 

March 31, 2025

    

Instrument

Valuation Technique

Unobservable Input

 

Input Range

 

Royalties payable due to related parties

Discounted future cash flows

Revenue adjusted discount rate

  21.0%
       
 

December 31, 2024

    

Instrument

Valuation Technique

Unobservable Input

 

Input Range

 

Royalties payable due to related parties

Discounted future cash flows

Revenue adjusted discount rate

  22.5%
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
  

2025

  

2024

 

Beginning Balance at January 1,

 $9,213  $6,974 

Change in fair value of royalties payable due to related parties

  1,163   86 

Ending Balance at March 31,

 $10,376  $7,060