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ACQUISITION (Tables) | 9 Months Ended
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Sep. 30, 2025
ACQUISITION |
Schedule of consideration transferred | In accordance with the acquisition method of accounting for a business combination, the purchase price of $38.8 million was allocated to the assets acquired and liabilities assumed based on their estimated fair values on the date of acquisition as follows (in thousands, except share data):
​ | ​ | ​ | ​
Consideration transferred: | ​ | ​ | ​
Common stock | ​ | $ | 29,101
Cash consideration | ​ | ​ | 4,175
Settlement of preexisting relationships | ​ | ​ | 5,538
Total consideration transferred |  | $ | 38,814
​ | ​ | ​ | ​
Assets acquired and liabilities assumed at fair value: | ​ | ​ | ​
Cash and Cash Equivalents | ​ | $ | 622
Restricted Cash | ​ | ​ | 1,000
Accounts Receivable | ​ | ​ | 5,429
Prepaid Expenses and Other Assets | ​ | ​ | 1,792
Property and Equipment | ​ | ​ | 4,561
Intangible Assets | ​ | ​ | 19,690
Operating Right of Use Asset | ​ | ​ | 24,835
Accounts Payable and Accrued Expenses | ​ | ​ | (11,554)
Other Payables | ​ | ​ | (671)
Deferred and Contingent Consideration | ​ | ​ | (1,000)
Operating Lease Liabilities | ​ | ​ | (24,442)
Total identifiable net assets |  | $ | 20,262
​ | ​ | ​ | ​
Non-controlling interest | ​ | ​ | (4,112)
​ | ​ | ​ | ​
Fair value of net assets acquired less noncontrolling interests acquired | ​ | $ | 16,150
​ | ​ | ​ | ​
Goodwill | ​ | ​ | 22,664
​ | ​ | ​ | ​
​ |  | $ | 38,814
Schedule of pro forma operating results of the company | ​
​ | ​ | ​ | ​ | ​ | ​
​ | Unaudited Pro Forma
​ | three months ended September 30, | ​ | nine months ended September 30,
​ | 2024 | 2024
Revenue | $ | 35,210 | ​ | $ | 102,330
Net loss | $ | (22,155) | ​ | $ | (57,562)
​

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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 + Details
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