XML 16 R4.htm IDEA: XBRL DOCUMENT v3.25.2
Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue        
Product sales, net $ 33 $ 171 $ 71 $ 295
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Other revenue $ 10 $ 11 $ 21 $ 22
Total revenue 43 182 92 317
Cost of revenue        
Cost of revenue $ 96 $ 118 $ 217 $ 241
Cost, Product and Service [Extensible Enumeration] us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Gross (loss) profit $ (53) $ 64 $ (125) $ 76
Operating expenses        
Selling, general and administrative expenses 2,447 2,457 5,441 5,090
Research and development expenses 822 870 1,767 1,658
Amortization expense   7   14
Total operating expenses 3,269 3,334 7,208 6,762
Loss from operations (3,322) (3,270) (7,333) (6,686)
Nonoperating income        
Interest expense, net (628) (5) (634) (13)
Change in fair value of derivative liability (6,028) 1,733 (5,919) 2,875
Foreign exchange gain (loss) 565 (141) 615 (429)
Other (expense)/income, net (420) 71 (400) 125
Nonoperating income, net (6,511) 1,658 (6,338) 2,558
Loss before provision for income taxes (9,833) (1,612) (13,671) (4,128)
Provision for income taxes 0 0 0 0
Net loss (9,833) (1,612) (13,671) (4,128)
Other comprehensive (loss) income        
Foreign currency translation adjustments (577) 140 (628) 428
Comprehensive loss $ (10,410) $ (1,472) $ (14,299) $ (3,700)
Loss per share        
Basic (in dollars per share) $ (79.73) $ (485.3) $ (201.55) $ (1,886.9)
Diluted (in dollars per share) $ (79.73) $ (485.3) $ (201.55) $ (1,886.9)
Weighted average number of common shares outstanding        
Basic (in shares) 123,335 3,322 67,828 2,188
Diluted (in shares) 123,335 3,322 67,828 2,188