XML 38 R27.htm IDEA: XBRL DOCUMENT v3.25.3
Business Combination (Tables)
 9 Months Ended
Sep. 30, 2025
Business Combination [Abstract]  
Schedule of Purchase Price Allocation and Changes to Allocation of Assets and Liabilities
   Purchase Price 
   Allocation 
Purchase Consideration:    
Cash  $3,000 
Common stock   2,743 
Earn-Out Shares   478 
Total Purchase Consideration  $6,221 
      
Less:     
Developed technology  $700 
Trade name   150 
Non-compete agreements   110 
Working capital   139 
Security deposit   3 
Deferred revenue, non-current portion   (56)
Fair Value of Identified Net Assets  $1,046 
Goodwill  $5,175 
Schedule of Components of Working Capital

The components of working capital as of the acquisition date are as follows:

 

Current assets:    
Cash  $599 
Accounts receivable, net   45 
Inventory   104 
Total current assets  $748 
Less current liabilities:     
Accounts payable  $280 
Accrued expenses and other current liabilities   137 
Deferred revenue   192 
Total current liabilities  $609 
Net working capital  $139 
Schedule of Unaudited Pro Forma Condensed Consolidated Results of Operations The pro forma results are not necessarily indicative of (i) the results of operations that would have occurred had the operations of this acquisition actually been acquired at the beginning of fiscal year 2024 or (ii) future results of operations.
   Three Months Ended   Nine Months Ended 
   September 30,   September 30, 
   2025   2024   2025   2024 
Revenues   $388   $572   $1,229   $1,641 
Net loss   $(2,639)  $(4,353)  $(17,628)  $(6,884)