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Segment Reporting
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Segment Reporting

Note 3. Segment Reporting

 

Our Chief Operating Decision Maker (“CODM”), the Chief Executive Officer, manages the Company’s business activities as a single operating and reportable segment at the consolidated level. Accordingly, our CODM uses condensed consolidated net income (loss) to measure segment profit or loss, allocate resources and assess performance. Further, the CODM reviews and utilizes natural expenses, such as employee wages and benefits at a consolidated level, to manage the Company’s operations and strategic growth initiatives. The following table presents segment information of revenue, significant expenses and net income (loss) (in thousands):

 

    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
    2025     2024     2025     2024  
Revenue   $ 384     $ 101     $ 484     $ 311  
Less:                                
Salaries and employee related costs     3,104       2,451       10,343       7,287  
Stock-based compensation     3,072       765       6,254       2,701  
Rent and facilities     419       202       1,077       551  
Professional services and legal fees     1,325       768       3,842       2,312  
Technology & IT costs     469       255       1,728       715  
Other sales and marketing costs     721       188       1,457       524  
Depreciation and amortization expense     1,176       851       3,038       2,542  
Other operational expense     502       59       1,606       702  
Operating loss     (10,404 )     (5,438 )     (28,861 )     (17,023 )
Other income (loss)                                
Interest and other income     3,544       70       7,083       180  
Interest expense     (4 )     (307 )     (120 )     (462 )
Change in fair value of derivative and warrant liabilities     9,246       -       4,780       -  
Segment net income (loss)   $ 2,382     $ (5,675 )   $ (17,118 )   $ (17,305 )