v3.25.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (38,751) $ (9,240)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation and amortization 2,065 158
Gain on settlement of debt (196)
Non-cash lease expense 96 275
Change in fair value of derivative liability 10,214
Common stock issued for services rendered 7,274
Stock based compensation 8,286 7,010
Deferred income taxes (765)
Allowance for credit losses on accounts receivable 109
Gain on settlement and forgiveness of accounts payable 2,409
Impairment of long-term assets 253
Changes in operating assets and liabilities:    
Accounts receivable (57)
Lease receivables 77
Sales tax receivable (25)
Employee advances 5
Unbilled revenue 13
Prepaid expenses (2,033) 93
Customer deposits (7)
Accounts payable and accrued expenses 6,399 (4,953)
Operating lease liabilities (102) (307)
Net cash used in operating activities (7,416) (4,284)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of investment (144)
Business acquisition, net of cash acquired 365
Net cash provided by investing activity 221
CASH FLOWS FROM FINANCING ACTIVITIES:    
Sale of common stock under at-the- market offering, net of transaction costs 3,882
Sale of common stock 14,390
Repayment of finance obligation (176)
Proceeds from issuance of related party note payable 500
Proceeds from sale of common stock and warrants, net of issuance costs 4,209
Net cash provided by financing activities 18,096 4,709
Effect of exchange rate change on cash 2
Net increase in cash 10,903 425
Cash, beginning of the period 142 190
Cash, end of the period 11,045 615
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest
Cash paid during the period for income taxes
Non-cash investing and financing activities:    
Recognition of derivative liability as part of business combination (non-cash) 105,498
Recognition of assets acquired as part of business combination (non-cash) 117,982
Recognition of liabilities assumed as part of business combination (non-cash) 12,850
Common stock issued in settlement of accounts payable 189 122
Dividend payable on preferred stock charged to additional paid-in-capital 7 7
Financing obligation entered into in exchange for prepaid insurance 1,628
Common stock issued for services included in prepaid expenses 125
Common stock issued in settlement of accrued severance 46
Series C convertible preferred stock deemed dividend 157
Common stock issued for conversion of note payable and accrued interest $ 509

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