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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 4,851 $ 139
Accounts receivable, net 169 364
Prepaid expenses and other assets 514 635
Total current assets 5,534 1,138
Property and equipment:    
Equipment 2,690 2,069
Capitalized software development 3,948 2,791
Leasehold improvements 18 15
Property and equipment, gross 6,656 4,875
Accumulated depreciation and amortization (2,809) (1,955)
Property and equipment, net 3,847 2,920
Finance leases, right-of-use assets, net 491 382
Operating leases, right-of-use assets, net 1,356 1,637
Other assets 281 171
Total noncurrent assets 5,975 5,110
TOTAL ASSETS 11,509 6,248
Current Liabilities:    
Accounts payable, trade 1,508 2,215
Accrued expenses 291 222
Finance lease liabilities, current portion 405 384
Operating lease liabilities, current portion 209 178
Notes payable 529 10,823
Deferred revenue 730 439
Total current liabilities 3,672 14,261
Noncurrent Liabilities:    
Finance lease liabilities, noncurrent portion 172 3
Operating lease liabilities, noncurrent portion 1,414 1,539
Total noncurrent liabilities 1,586 1,542
Commitments and Contingencies – (See Note 7)
Stockholders’ Equity (Deficit):    
Preferred stock, $0.01 par value:  Authorized shares – 5,000; Issued shares – 4 in 2024 and 0 in 2023 3,827 0
Common stock, $0.01 par value:  Authorized shares – 80,000; Issued shares – 15,591 in 2024 and 1,848 in 2023; Outstanding shares – 15,590 in 2024 and 1,847 in 2023 156 18
Common stock held in treasury, at cost – 1 shares (362) (362)
Additional paid-in capital 122,552 101,049
Stock subscription receivable (1,872) 0
Accumulated deficit (118,007) (110,217)
Accumulated other comprehensive loss (43) (43)
Total stockholders’ equity (deficit) 6,251 (9,555)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 11,509 $ 6,248