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INVENTORY
9 Months Ended
Sep. 30, 2025
Inventory Disclosure [Abstract]  
INVENTORY

NOTE 5 – INVENTORY

 

Inventory consists of the following components:

 

   September 30, 2025    December 31, 2025  
Raw materials  $1,702    $ 391  
Finished goods   541      1,800  
Total inventory  $2,243    $

2,191

 

 

Inventory write-down charged to the cost of sales amounted to $119 for the nine months ended September 30, 2025, respectively, to reduce inventory to its net realizable value and for any excess or obsolete inventory.

 

The Company identified certain inaccuracies in its 510(k) application for the PainShield MD Plus product and on August 19, 2025 submitted a request to the U.S. Food and Drug Administration (FDA) to withdraw the clearance. While the Company is unaware of any safety issues related to the PainShield MD Plus product, it has decided to halt future sales. An appropriate inventory allowance was recorded for the impact of halt in sales in the amount of $119.