Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]        
REVENUES, NET $ 3,378 $ 5,478 $ 8,601 $ 13,361
COST OF GOODS SOLD 247 394 622 892
GROSS PROFIT 3,131 5,084 7,979 12,469
OPERATING EXPENSES        
Research and development 50 146 282 520
Selling 655 1,318 1,975 4,886
General and administrative 1,731 2,799 6,377 8,400
Total operating expenses 2,436 4,263 8,634 13,806
INCOME (LOSS) FROM OPERATIONS 695 821 (655) (1,337)
OTHER INCOME (EXPENSE)        
Loss on debt extinguishment (296)   (672)  
Change in fair value of warrant derivative liabilities 2 38 (3) 35
Change in fair value of conversion feature derivative, notes payable   2,277 162 (70)
Realized loss on investment in convertible bond     (531) (544)
Gain on restructured debt       1,032
Gain on lease modification     861  
Foreign exchange gain loss (32) (117) (50) (11)
Interest and other income (net) 65 145 205 427
Interest expense (1,931) (1,338) (4,865) (4,214)
Total other income (expense) (2,192) 1,005 (4,893) (3,345)
INCOME (LOSS) BEFORE INCOME TAXES (1,497) 1,826 (5,548) (4,682)
Income tax provision (benefit) 579 (1) (7) 23
NET INCOME (LOSS) (2,076) 1,827 (5,541) (4,705)
COMPONENTS OF OTHER COMPREHENSIVE LOSS        
Unrealized gain (loss) on debt securities available for sale (net of tax) (1,734) 1,397 2,175 (2,064)
Reclassification adjustment for loss included in net income (loss) 0 0 354 197
Foreign currency translation adjustment 14 (19) (15) 11
Other comprehensive income (loss) (1,720) 1,378 2,514 (1,856)
COMPREHENSIVE INCOME (LOSS) $ (3,796) $ 3,205 $ (3,027) $ (6,561)
NET INCOME (LOSS) PER COMMON SHARE - BASIC $ (0.03) $ 0.03 $ (0.09) $ (0.07)
NET INCOME (LOSS) PER COMMON SHARE - DILUTED $ (0.03) $ 0.03 $ (0.09) $ (0.07)
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING - BASIC 63,865,571 63,865,571 63,865,571 63,025,296
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING - DILUTED 63,865,571 63,865,571 63,865,571 63,025,296