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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 14,991 $ 16,427
Accounts receivable and unbilled revenues, net 671 732
Contract assets 66 51
Prepaid expenses and other current assets 481 475
Current assets of discontinued operations 52
Total current assets 16,261 17,685
Non-current assets:    
Property and equipment, net 101 62
Operating lease right-of-use assets, net 610 634
Total non-current assets 711 696
Total assets 16,972 18,381
Current liabilities:    
Accounts payable 400 229
Accrued payroll and employee benefits 940 760
Accrued expenses 439 404
Contract liabilities 75
Current portion of finance lease obligations 9 2
Current portion of operating lease obligations 258 225
Total current liabilities 2,121 1,620
Non-current liabilities    
Finance lease obligations, net of current portion 20
Operating lease obligations, net of current portion 256 319
Total non-current liabilities 276 319
Total liabilities 2,397 1,939
Commitments and contingencies (Note 4)
Stockholders’ equity:    
Preferred stock, 1,000,000 shares authorized, with par value of $0.001; no shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively.
Common stock, 25,000,000 shares authorized, with par value of $0.001; 16,782,922 and 16,782,922 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively. 17 17
Additional paid-in capital 240,955 240,955
Accumulated other comprehensive loss (584) (450)
Accumulated deficit (225,813) (224,080)
Total stockholders’ equity 14,575 16,442
Total liabilities and stockholders’ equity $ 16,972 $ 18,381