v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenues $ 600 $ 1,031 $ 1,084 $ 1,251
Cost of Revenues 117 369 266 448
Gross Profit 483 662 818 803
Operating Expenses        
Research and development 1,950 1,148 3,664 1,612
Sales and marketing 1,505 837 2,526 1,141
General and administrative 3,948 12,412 11,328 14,129
Merger-related transaction costs 6,490
Impairment of goodwill 4,049 4,049
Impairment of intangible assets 100 631
Amortization of intangible assets 61 192 152 235
Total Operating Expenses 11,613 14,589 22,350 23,607
Loss from Operations (11,130) (13,927) (21,532) (22,804)
Other (Expense) Income        
Interest expense, net (1) (70) (218) (331)
Amortization of deferred loan costs (17)
Loss on extinguishment of debt (421) (6,732)
Warrant issuance expense (3,779) (5,795)
Change in fair value of convertible notes 12,882
Change in fair value of warrant liability (5,934) (679) (5,431) (281)
Other (5) (22) (339) (13)
Total Other (Expense) Income (9,719) (771) (12,204) 5,508
Net Loss, before tax (20,849) (14,698) (33,736) (17,296)
Income tax benefit (provision) (9) (12) 6 (16)
Net Loss (20,858) (14,710) (33,730) (17,312)
Preferred stock return (250) (29) (311)
Deemed dividend (460) (460)
Net Loss Attributable to Common Stockholders $ (20,858) $ (15,420) $ (33,759) $ (18,083)
Net Loss Per Share - Basic (in Dollars per share) $ (2.93) $ (261.99) $ (6.41) $ (448.98)
Net Loss Per Share - Diluted (in Dollars per share) $ (2.93) $ (261.99) $ (6.41) $ (448.98)
Weighted Average Shares Outstanding        
Weighted Average Shares Outstanding, Basic (in Shares) 7,121,837 58,857 5,263,609 40,276
Weighted Average Shares Outstanding, Diluted (in Shares) 7,121,837 58,857 5,263,609 40,276

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