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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating Activities:    
Net loss $ (4,140) $ (3,783)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 931 826
Stock-based compensation 504 209
Non-cash lease costs 109 135
Note 1 and 2 interest accretion up to the redemption common stock settlement amount and debt issuance costs 0 (990)
Other amortization of debt issuance costs 0 83
Other non-cash interest 9 173
Changes in operating assets and liabilities:    
Accounts receivable 66 (344)
Contract assets (1,206) (293)
Prepaid expenses and other assets (236) 492
Accounts payable and accrued expenses (302) (646)
Operating lease liabilities (230) (37)
Deferred revenue 1,245 139
Net cash used in operating activities (3,250) (4,036)
Investing Activities:    
Purchases of United States (“U.S.”) treasury securities (3,749) 0
Purchases of property and equipment (725) (33)
Capitalized software development (676) (664)
Net cash used in investing activities (5,150) (697)
Financing Activities:    
Proceeds from notes payable 0 1,340
Principal payments on notes payable 0 (1,443)
Proceeds from public stock offering net of fees (97) 3,316
Proceeds from warrant inducements 0 567
Proceeds from sales of common stock and warrants, net of fees 0 2,619
Proceeds from registered direct offering, net of fees 7,026 0
Proceeds from stock subscription receivable 1,542 0
Reduction of finance lease liabilities (243) (299)
Proceeds related to the issuance of common stock under stock purchase plan 10 0
Net cash provided by financing activities 8,238 6,100
Net (decrease) increase in cash and cash equivalents (162) 1,367
Cash and cash equivalents at beginning of period 4,851 139
Cash and cash equivalents at end of period 4,689 1,506
SUPPLEMENTAL DISCLOSURE OF CASH FLOW ACTIVITIES:    
Cash paid for interest 5 87
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Capitalized assets and capitalized software included in accounts payable 89 37
Accounts payable on capitalized assets settled with vendor 0 116
Preferred stock issued to reduce notes payable 0 9,275
Common stock issued to reduce notes payable 537 200
Common stock used for minority investment in company 0 100
Modification of right-of-use finance lease $ (18) $ 34