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

Statements of Operations

v3.26.1
Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Income Statement [Abstract]    
Net sales $ 6,304 $ 13,970
Cost of Sales (includes inventory write-downs of $1,967 and $900, respectively) 9,460 12,656
Gross profit (loss) (3,156) 1,314
Operating Expenses    
Sales and marketing 807 1,010
Research and development 646 771
General and administrative 3,359 3,908
Impairment of right-of-use assets and lease deposits 455
Total operating expenses 5,267 5,689
Loss from operations (8,423) (4,375)
Other income (expenses)    
Interest expense and finance costs (720) (649)
Interest Income 221
Other income (expenses), net 10 126
Total other income (expenses), net (710) (302)
Net Loss $ (9,133) $ (4,677)
Net loss per share, basic $ (3.59) $ (1.86)
Net loss per share, diluted $ (3.59) $ (1.86)
Weighted average shares outstanding, basic 2,540,666 2,508,853
Weighted average shares outstanding, diluted 2,540,666 2,508,853