v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (23,169) $ (7,326)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation and amortization 577 127
Gain on settlement of debt (196) (1,388)
Non-cash lease expense 82 155
Common stock issued for services rendered 7,244
Stock based compensation 7,444 5,493
Allowance for credit losses on accounts receivable 109
Impairment of long-term assets 253
Changes in operating assets and liabilities:    
Accounts receivable (30)
Lease receivables 51
Sales tax receivable (3)
Employee advances 5
Unbilled revenue 13
Prepaid expenses (45) 42
Customer deposits (7)
Accounts payable and accrued expenses 5,638
Operating lease liabilities (87) (170)
Net cash used in operating activities (2,393) (2,795)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Business acquisition, net of cash acquired 366
Net cash provided by investing activity 366
CASH FLOWS FROM FINANCING ACTIVITIES:    
Sale of common stock under at-the- market offering, net of transaction costs 3,882
Sale of common stock and warrants 818
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 4,700 4,709
Effect of exchange rate changes on cash and cash equivalents 5  
Net increase in cash and cash equivalents 2,678 1,914
Cash, beginning of the period 142 190
Cash, end of the period 2,820 2,104
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) 105,394
Recognition of liabilities assumed as part of business combination (non-cash) 262
Common stock issued in settlement of accounts payable 189 122
Dividend payable on preferred stock charged to additional paid-in-capital 5 5
Series C convertible preferred stock deemed dividend 133
Common stock issued for conversion of note payable and accrued interest $ 509

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