XML 20 R6.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net loss from continuing operations $ (10,713,000) $ (3,190,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 112,000 44,000
Reduction in SMCB loan in exchange for services 304,000
Gain on allowance for credit loss (439,000)
Change in fair value of warrant liability 6,468,000
Stock-based compensation 53,000 616,000
Payment of early termination fee on operating lease termination settlement (150,000)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (423,000) (796,000)
Other non-current assets 437,000 1,000
Accounts payable 545,000 318,000
Accrued expenses 424,000 (147,000)
Refunds due to customers 265,000 1,000
Other liabilities
Net cash used in operating activities attributable to continuing operations (4,343,000) (3,770,000)
Cash flows from investing activities    
Purchase of property and equipment (10,000)
Capitalization of internal use software costs (541,000)
Repurchase of shares of common stock (758,000)
Cash received from acquisition of SemiCab assets 17,000
Cash received from acquisition of SMCB 593,000
Advances to SMCB (1,172,000)
Net cash provided by (used in) investing activities attributable to continuing operations (1,888,000) 17,000
Cash flows from financing activities    
Proceeds from issuance of promissory notes, net 4,293,000
Payment of promissory notes (178,000)
Proceeds from sale of stock, net of offering costs 1,489,000
Payments on merchant cash advances payable (327,000)
Other (59,000)
Net cash provided by financing activities attributable to continuing operations 4,115,000 1,103,000
Net cash provided by (used in) operating activities attributable to discontinued operations (3,123,000) 2,162,000
Net cash provided by (used in) investing activities attributable to discontinued operations 845,000 (36,000)
Net cash used in financing activities attributable to discontinued operations (62,000)
Total cash provided by (used in) discontinued operations (2,278,000) 2,064,000
Net change in cash (4,394,000) (586,000)
Cash at beginning of period 7,233,000 586,000
Supplemental disclosures of cash flow information:    
Cash paid for interest 165,000 320,000
Non-Cash investing and financing cash flow information:    
Reclassification of Series A warrants to equity 7,857,000
Common stock issued for exercise of Series B warrants 15,214,000
Common stock issued for acquisition of SMCB 316,000
Promissory note issued for acquisition of SMCB 1,750,000
Common stock issued for services 75,000
Common stock issued as commitment fee to investor 191,000
Common stock issued for acquisition of SemiCab assets 569,000
Nonrelated Party [Member]    
Changes in operating assets and liabilities:    
Accounts receivable (1,376,000) 105,000
Related Party [Member]    
Changes in operating assets and liabilities:    
Accounts receivable $ (572,000)