Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Stockholders' Equity (Unaudited)

v3.25.2
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Balance (in shares) at Dec. 31, 2023 0 990        
Balance at Dec. 31, 2023 $ 0 $ 15 $ 251,580 $ 156 $ (239,145) $ 12,606
Net loss $ 0 $ 0 0 0 (3,429) (3,429)
Equity financing, net (in shares) 0 199        
Equity financing, net $ 0 $ 3 3,967 0 0 3,970
Matching contribution to 401(k) plan (in shares) 0 11        
Matching contribution to 401(k) plan $ 0 $ 0 237 0 0 237
Equity incentive plan (in shares) 0 6        
Equity incentive plan $ 0 $ 0 0 0 0 0
Stock-based compensation expense 0 0 376 0 0 376
Foreign currency translation adjustments $ 0 $ 0 0 291 0 291
Balance (in shares) at Mar. 31, 2024 0 1,206        
Balance at Mar. 31, 2024 $ 0 $ 18 256,160 447 (242,574) 14,051
Balance (in shares) at Dec. 31, 2023 0 990        
Balance at Dec. 31, 2023 $ 0 $ 15 251,580 156 (239,145) 12,606
Net loss           (5,845)
Balance (in shares) at Jun. 30, 2024 0 1,229        
Balance at Jun. 30, 2024 $ 0 $ 19 256,491 539 (244,990) 12,059
Balance (in shares) at Mar. 31, 2024 0 1,206        
Balance at Mar. 31, 2024 $ 0 $ 18 256,160 447 (242,574) 14,051
Net loss $ 0 $ 0 0 0 (2,416) (2,416)
Equity financing, net (in shares) 0 5        
Equity financing, net $ 0 $ 0 47 0 0 47
Matching contribution to 401(k) plan $ 0 $ 0 0 0 0 0
Equity incentive plan (in shares) 0 18        
Equity incentive plan $ 0 $ 1 0 0 0 1
Stock-based compensation expense 0 0 284 0 0 284
Foreign currency translation adjustments $ 0 $ 0 0 92 0 92
Balance (in shares) at Jun. 30, 2024 0 1,229        
Balance at Jun. 30, 2024 $ 0 $ 19 256,491 539 (244,990) 12,059
Balance (in shares) at Dec. 31, 2024 0 1,480        
Balance at Dec. 31, 2024 $ 0 $ 22 262,203 957 (250,475) 12,707
Net loss $ 0 $ 0 0 0 (2,891) (2,891)
Equity financing, net (in shares) 0 188        
Equity financing, net $ 0 $ 3 2,954 0 0 2,957
Deemed dividend [1] $ 0 $ 0 226 0 (226) 0
Exercise of Pre-Funded Warrants (in shares) 0 171        
Exercise of Pre-Funded Warrants $ 0 $ 2 0 0 0 2
Matching contribution to 401(k) plan (in shares) 0 37        
Matching contribution to 401(k) plan $ 0 $ 1 235 0 0 236
Equity incentive plan (in shares) 0 4        
Equity incentive plan $ 0 $ 0 0 0 0 0
Stock-based compensation expense 0 0 214 0 0 214
Foreign currency translation adjustments $ 0 $ 0 0 (533) 0 (533)
Balance (in shares) at Mar. 31, 2025 0 1,880        
Balance at Mar. 31, 2025 $ 0 $ 28 265,832 424 (253,592) 12,692
Balance (in shares) at Dec. 31, 2024 0 1,480        
Balance at Dec. 31, 2024 $ 0 $ 22 262,203 957 (250,475) 12,707
Net loss           (5,600)
Balance (in shares) at Jun. 30, 2025 0 2,605        
Balance at Jun. 30, 2025 $ 0 $ 36 267,878 (683) (256,301) 10,930
Balance (in shares) at Mar. 31, 2025 0 1,880        
Balance at Mar. 31, 2025 $ 0 $ 28 265,832 424 (253,592) 12,692
Net loss $ 0 $ 0 0 0 (2,709) (2,709)
Equity financing, net (in shares) 0 697        
Equity financing, net $ 0 $ 8 1,803 0 0 1,811
Equity incentive plan (in shares) 0 28        
Equity incentive plan $ 0 $ 0 0 0 0 0
Stock-based compensation expense 0 0 243 0 0 243
Foreign currency translation adjustments $ 0 $ 0 0 (1,107) 0 (1,107)
Balance (in shares) at Jun. 30, 2025 0 2,605        
Balance at Jun. 30, 2025 $ 0 $ 36 $ 267,878 $ (683) $ (256,301) $ 10,930
[1] Refer to Note 11. Capitalization and Equity Structure – Warrants for additional information regarding the Stockholder Dividend and the valuation of warrants.