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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 3,624 $ 4,851
Accounts receivable, net of allowance of $0.1 million 131 169
Prepaid expenses and other assets 476 514
Total current assets 4,231 5,534
Property and equipment:    
Equipment 2,917 2,690
Capitalized software development 5,663 3,948
Leasehold improvements 18 18
Property and equipment, gross 8,598 6,656
Accumulated depreciation and amortization (4,313) (2,809)
Property and equipment, net 4,285 3,847
Finance leases, right-of-use (“ROU”) assets, net 222 491
Operating leases, ROU assets, net 1,392 1,356
Other assets 257 281
Total noncurrent assets 6,156 5,975
TOTAL ASSETS 10,387 11,509
Current Liabilities:    
Accounts payable, trade 492 1,508
Accrued expenses 357 291
Finance lease liabilities, current portion 167 405
Operating lease liabilities, current portion 266 209
Notes payable 0 529
Deferred revenue 503 730
Total current liabilities 1,785 3,672
Noncurrent Liabilities:    
Finance lease liabilities, noncurrent portion 6 172
Operating lease liabilities, noncurrent portion 1,319 1,414
Total noncurrent liabilities 1,325 1,586
Commitments and Contingencies – (See Note 7)
Stockholders’ Equity:    
Preferred stock, $0.01 par value:  Authorized shares – 5,000; Issued shares – 0 in 2025 and 4 in 2024 3,827
Common stock, $0.01 par value:  Authorized shares – 80,000; Issued shares – 20,117 in 2025 and 15,591 in 2024; Outstanding shares – 20,116 in 2025 and 15,590 in 2024 201 156
Common stock held in treasury, at cost – 1 share(s) (362) (362)
Additional paid-in capital 134,547 122,552
Stock subscription receivable 0 (1,872)
Accumulated deficit (127,066) (118,007)
Accumulated other comprehensive loss (43) (43)
Total stockholders’ equity 7,277 6,251
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 10,387 $ 11,509