| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash | $5.2M+707.5% | $647K-85.8% | $4.6M-82.3% | $25.8M |
| Accounts receivable, net | $297K+1054.4% | $26K-82.8% | $150K | — |
| Inventories | $150K+134.0% | $64K-82.4% | $364K | — |
| Investor receivable, net | $50K | — | — | — |
| Prepaid expenses and other current assets | $349K+63.2% | $214K-72.2% | $770K+64.1% | $469K |
| Total current assets | $6.1M+538.4% | $950K-83.7% | $5.8M-77.8% | $26.3M |
| Property and equipment, net | $37K-41.0% | $63K+3.7% | $61K+330.5% | $14K |
| Deferred offering costs | $225K | — | — | — |
| Operating right of use asset | $49K-59.2% | $119K-19.6% | $149K | — |
| Goodwill | $18.5M-31.4% | $27.0M-51.4% | $55.7M | — |
| Total assets | $24.9M-11.5% | $28.2M-67.8% | $87.5M+232.6% | $26.3M |
| Accounts payable | $1.8M-53.6% | $3.8M-28.5% | $5.3M+253.2% | $1.5M |
| Accrued expenses | $342K-61.5% | $889K-59.6% | $2.2M-8.7% | $2.4M |
| Notes payable, net of debt discount of $0 and $4,966 at December 31, 2025 and 2024, respectively | $9.3M | — | — | — |
| Operating lease liability, current | $24K-79.6% | $119K+60.8% | $74K | — |
| Subscription agreement liability – Related Party | $4.1M | — | — | — |
| Contingent warrant liabilities | $27K-38.3% | $43K+1531.5% | $3K | — |
| Derivative liabilities | $7.0M | — | — | $14K |
| Total current liabilities | $9.1M-50.0% | $18.3M+6.4% | $17.2M+338.3% | $3.9M |
| Pension benefit obligation | $281K | — | $556K | — |
| Operating lease liability, net of current portion | $24K | — | — | — |
| Total liabilities | $9.2M-50.7% | $18.6M-15.1% | $21.9M+457.8% | $3.9M |
| Common stock, $0.00001 par value, 250,000,000 shares authorized at December 31, 2025 and 2024; 1,560,153 and 138,422 the shares issued at December 31, 2025 and 2024, respectively; 1,560,001 and 138,270 shares outstanding at December 31, 2025 and 2024, respectively | 15+1400.0% | 1-83.3% | 6-96.2% | 157 |
| Additional paid-in capital | $147.8M+15.7% | $127.8M+158.6% | $49.4M+16.8% | $42.3M |
| Treasury stock, at cost; 152 shares of common stock at December 31, 2025 and 2024 | -$626K+0.0% | -$626K | — | — |
| Due from shareholders | -$250K | — | — | — |
| Accumulated deficit | -$131.2M-13.4% | -$115.7M-103.7% | -$56.8M-193.1% | -$19.4M |
| Accumulated other comprehensive loss | -$231K+91.5% | -$2.7M-214.4% | $2.4M | — |
| Total stockholders’ equity | $15.8M+84.5% | $8.5M+508.2% | $1.4M-93.7% | $22.4M |
| Total liabilities, convertible preferred stock, and stockholders’ equity | $24.9M-11.5% | $28.2M-67.8% | $87.5M+232.6% | $26.3M |
| Series C Redeemable Preferred Stock | ||||
| Series C Redeemable Preferred Stock, $0.00001 par value, 10,000 shares authorized, 7 and 3,499 shares issued and outstanding at December 31, 2025 and 2024, respectively | $2K-99.8% | $1.1M | — | — |
| Series D Preferred Stock | ||||
| Series E Preferred Stock | ||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.