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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 13,238 $ 16,427
Accounts receivable and unbilled revenues, net 365 732
Contract assets 240 51
Prepaid expenses and other current assets 521 475
Current assets of discontinued operations 41
Total current assets 14,405 17,685
Non-current assets:    
Property and equipment, net 99 62
Operating lease right-of-use assets, net 554 634
Total non-current assets 653 696
Total assets 15,058 18,381
Current liabilities:    
Accounts payable 231 229
Accrued payroll and employee benefits 1,076 760
Accrued expenses 551 404
Contract liabilities 63
Current portion of finance lease obligations 12 2
Current portion of operating lease obligations 282 225
Total current liabilities 2,215 1,620
Non-current liabilities    
Finance lease obligations, net of current portion 21
Operating lease obligations, net of current portion 170 319
Total non-current liabilities 191 319
Total liabilities 2,406 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 June 30, 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 June 30, 2025 and December 31, 2024, respectively. 17 17
Additional paid-in capital 240,955 240,955
Accumulated other comprehensive loss (639) (450)
Accumulated deficit (227,681) (224,080)
Total stockholders’ equity 12,652 16,442
Total liabilities and stockholders’ equity $ 15,058 $ 18,381