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