Balance Sheet

v3.25.3

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Current Assets:
Cash and Cash Equivalents	$ 5,965	$ 3,610
Accounts Receivable, net	1,822	513
Inventories, net	5,461	6,170
Prepaids and Deposits	334	178
Total Current Assets	13,582	10,471
Property and equipment, net	138	146
Operating lease right of use assets, net	2,242	1,964
Intangible assets, net	2,147	2,354
Other Assets, net	128	186
Total Assets	18,237	15,121
Current Liabilities:
Accounts Payable	596	609
Accrued liabilities	563	1,403
Customer Deposits	61	27
Deferred revenue - short term	382	466
Operating lease liability - short term	305	567
Warrants- short term	0	10,131
Total Current Liabilities	1,907	13,203
Deferred revenue - long term	18	39
Operating lease liability - long term	2,186	1,629
Total long-term liabilities	2,204	1,668
Total Liabilities	4,111	14,871
Commitments and Contingencies
Stockholders' Equity
Preferred Stock	0	0
Additional Paid-In Capital	126,085	105,326
Accumulated deficit	(111,964)	(105,081)
Total Stockholders' Equity	14,126	250
Common stock - 150,000,000 authorized; par value $0.0001 per share; 51,497,710 and 47,101,631 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively	5	5
Total Liabilities and Stockholders' Equity	18,237	15,121
Series A Convertible Preferred Stock [Member]
Stockholders' Equity
Preferred Stock	0	0
Series B Convertible Preferred Stock [Member]
Stockholders' Equity
Preferred Stock	$ 0	$ 0

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Source