Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED BALANCE SHEETS

v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 90 $ 678
Accounts receivable, net 1,536 20,058
Inventory, net 70 1,143
Prepaid expenses and other current assets 1,454 2,615
Current assets in discontinued operations 0 6,143
Total current assets 3,150 30,637
Property, plant and equipment, net 2,032 7,501
Investment in unconsolidated affiliates $ 43,491 $ 0
Investment, Related Party [Extensible Enumeration] Affiliated Entity Affiliated Entity
Prepaid expenses, net of current portion $ 61 $ 217
Operating lease right-of-use asset, net 0 4,115
Intangible assets, net 7,167 9,750
Goodwill 3,968 5,231
Other assets 2 310
Non-current assets in discontinued operations 0 5,439
TOTAL ASSETS 59,871 63,200
Current liabilities    
Accrued diagnostic services 0 31
Accrued advertising and other allowances 50 151
Finance lease liabilities 2,824 2,147
Operating lease liabilities 0 1,214
Short-term convertible notes payable, net of discount of $157 244 0
Derivative liability 50 0
Deferred revenue 1,501 1,698
Income tax payable 281 1,987
Other current liabilities 2,659 2,115
Current liabilities in discontinued operations 0 5,867
Total current liabilities 53,081 32,134
Non-current liabilities:    
Due to sellers (see Note 3) 2,000 2,000
Deferred revenue, net of current portion 643 784
Operating lease liabilities, net of current portion 0 3,762
Finance lease liabilities, net of current portion 639 2,591
Non-current liabilities in discontinued operations 0 2,924
Total non-current liabilities 3,282 23,713
Total liabilities 56,363 55,847
COMMITMENTS AND CONTINGENCIES
Stockholders’ equity    
Preferred stock authorized 1,000,000, $0.0005 par value, 0 shares issued and outstanding 0 0
Common stock authorized 1,000,000,000, $0.0005 par value, 8,966,406 and 2,987,402 shares outstanding, respectively 4 1
Additional paid-in capital 126,481 129,943
Treasury stock, at cost, 869,208 and 1,294,105 shares, respectively (49,643) (64,000)
Accumulated deficit (73,136) (58,393)
Accumulated other comprehensive loss (198) (198)
Total stockholders’ equity 3,508 7,353
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 59,871 63,200
Nonrelated Party    
Current liabilities    
Accounts payable 12,961 13,717
Short-term loan payable 4,418 3,207
Affiliated Entity    
Current liabilities    
Accounts payable 27,600 0
Related Party    
Current liabilities    
Short-term loan payable 493 0
JXVII Note    
Non-current liabilities:    
Unsecured debt 0 9,873
ERC Claim    
Non-current liabilities:    
Unsecured debt $ 0 $ 1,779