Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED BALANCE SHEETS

v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash $ 278 $ 454
Accounts receivable, net 402 522
Inventory 4,087 4,897
Prepaid expenses and other 366 370
Total current assets 5,133 6,243
Property and equipment, net 344 399
Right of use assets 347 94
Intangibles, net 76 93
Goodwill 1,015 971
Other assets 47 127
Total assets 6,962 7,927
Current liabilities:    
Accounts payable 1,044 1,925
Accrued expenses 2,447 3,424
Crrent portion of operating lease liability 247 83
Current portion of long-term debt, net of discounts and issuance costs 1,262 677
Total current liabilities 5,000 6,109
Operating lease liability 100 19
Debt, net of discounts and issuance costs 387 0
Deferred tax liability 7 4
Total liabilities 5,494 6,132
Commitments and contingencies (Note 13)
Stockholders' equity (deficit)    
Preferred stock, par value $0.0001; 10,000 shares authorized; 1 shares issued as of December 31, 2025 and 2024; no shares outstanding as of December 31, 2025 and 2024
Common stock, par value $0.0001; 790,000 shares authorized; 184,264 shares issued and outstanding as of December 31, 2025 and 2024 18 18
Additional paid-in capital 89,330 88,773
Accumulated deficit (87,939) (86,981)
Accumulated other comprehensive income (loss) 59 (15)
Total stockholders' equity 1,468 1,795
Total liabilities and stockholders' equity $ 6,962 $ 7,927