iCAD (ICAD) 10-Q 13 Aug 24 2024 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2024	Aug. 01, 2024
Document Information [Line Items]
Entity Central Index Key	0000749660
Entity Registrant Name	iCAD INC
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2024
Document Transition Report	false
Entity File Number	001-09341
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	02-0377419
Entity Address, Address Line One	98 Spit Brook Road, Suite 100
Entity Address, City or Town	Nashua
Entity Address, State or Province	NH
Entity Address, Postal Zip Code	03062
City Area Code	603
Local Phone Number	882-5200
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	ICAD
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		26,540,030

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 20,353	$ 21,670
Trade accounts receivable, net of allowance for credit losses of $298 and $277 as of June 30, 2024 and December 31, 2023, respectively	5,383	6,392
Inventory, net	702	917
Prepaid expenses and other current assets	1,377	699
Total current assets	27,815	29,678
Property and equipment, net of accumulated depreciation of $1,298 and $1,045 as of June 30, 2024 and December 31, 2023, respectively	1,776	1,823
Operating lease assets	286	461
Other assets	493	849
Intangible assets, net of accumulated amortization of $8,527 and $8,488 as of June 30, 2024 and December 31, 2023, respectively	121	148
Goodwill	8,362	8,362
Deferred tax assets	86	97
Total assets	38,939	41,418
Current liabilities:
Accounts payable	501	712
Accrued and other expenses	2,521	2,448
Less: current portion of lease liabilities	220	188
Deferred revenue—current portion	3,317	3,400
Total current liabilities	6,559	6,748
Long-term lease liabilities	249	273
Deferred revenue, net of current	1,164	974
Deferred tax	7	6
Total liabilities	7,979	8,001
Commitments and Contingencies (Notes 9 and 12)
Stockholders’ equity:
Preferred stock, $0.01 par value: authorized 1,000,000 shares; none issued.	0	0
Common stock, $0.01 par value: authorized 60,000,000 shares; issued 26,540,030 as of both June 30, 2024 and December 31, 2023, respectively; outstanding 26,354,199 as of both June 30, 2024 and December 31, 2023, respectively.	265	265
Additional paid-in capital	306,754	306,250
Accumulated deficit	(274,644)	(271,683)
Treasury stock at cost, 185,831 shares as of both June 30, 2024 and December 31, 2023	(1,415)	(1,415)
Total stockholders’ equity	30,960	33,417
Total liabilities and stockholders’ equity	$ 38,939	$ 41,418

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Allowance for doubtful accounts on trade accounts receivable	$ 298	$ 277
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	1,298	1,045
Intangible assets, accumulated amortization	$ 8,527	$ 8,488
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	60,000,000	60,000,000
Common stock, shares issued (in shares)	26,540,030	26,540,030
Common stock, shares outstanding (in shares)	26,354,199	26,354,199
Treasury Stock, Common, Shares (in shares)	185,831	185,831

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Revenue:
Revenue	$ 5,029,000	$ 4,171,000	$ 9,983,000	$ 8,506,000
Cost of revenue:
Cost of revenue	812,000	773,000	1,653,000	1,562,000
Gross profit	4,217,000	3,398,000	8,330,000	6,944,000
Operating expenses:
Engineering and product development	1,764,000	1,245,000	3,271,000	2,762,000
Marketing and sales	2,267,000	1,836,000	4,349,000	4,196,000
General and administrative	2,070,000	2,755,000	3,973,000	5,608,000
Amortization and depreciation	64,000	75,000	126,000	129,000
Total operating expenses	6,165,000	5,911,000	11,719,000	12,695,000
Loss from operations	(1,948,000)	(2,513,000)	(3,389,000)	(5,751,000)
Other income/ (expense):
Interest expense	0	(2,000)	0	(2,000)
Interest income	206,000	182,000	409,000	333,000
Other income (expense), net	11,000	(3,000)	31,000	0
Other income (expense), net	217,000	177,000	440,000	331,000
Loss before provision for income taxes	(1,731,000)	(2,336,000)	(2,949,000)	(5,420,000)
Provision for income taxes	(8,000)	(4,000)	(12,000)	(9,000)
Loss from continuing operations	(1,739,000)	(2,340,000)	(2,961,000)	(5,429,000)
Income (loss) from discontinued operations, net of tax	0	590,000	0	(99,000)
Net loss and comprehensive loss	$ (1,739,000)	$ (1,750,000)	$ (2,961,000)	$ (5,528,000)
Net loss per share:
Loss from continuing operations, basic and diluted (in dollars per share)	$ (0.07)	$ (0.09)	$ (0.11)	$ (0.22)
Income (loss) from discontinued operations, basic and diluted (in dollars per share)	0	0.02	0	0
Net loss per share (in dollars per share)	$ (0.07)	$ (0.07)	$ (0.11)	$ (0.22)
Weighted average number of shares used in computing loss per share:
Basic and diluted (in shares)	26,354	25,261	26,354	25,261
Product [Member]
Revenue:
Revenue	$ 3,254,000	$ 2,301,000	$ 6,356,000	$ 4,762,000
Cost of revenue:
Cost of revenue	371,000	411,000	850,000	835,000
Service [Member]
Revenue:
Revenue	1,775,000	1,870,000	3,627,000	3,744,000
Cost of revenue:
Cost of revenue	328,000	339,000	650,000	684,000
Amortization and Depreciation [Member]
Cost of revenue:
Cost of revenue	$ 113,000	$ 23,000	$ 153,000	$ 43,000

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock, Common [Member]	Total
Balance (in shares) at Dec. 31, 2022	25,446,407
Balance at Dec. 31, 2022	$ 254	$ 302,899	$ (266,836)	$ (1,415)	$ 34,902
Stock-based compensation	0	800	0	0	800
Net loss	$ 0	0	(5,528)	0	(5,528)
Balance (in shares) at Jun. 30, 2023	25,446,407
Balance at Jun. 30, 2023	$ 254	303,699	(272,364)	(1,415)	30,174
Balance (in shares) at Mar. 31, 2023	25,446,407
Balance at Mar. 31, 2023	$ 254	303,485	(270,614)	(1,415)	31,710
Stock-based compensation	0	214	0	0	214
Net loss	$ 0	0	(1,750)	0	(1,750)
Balance (in shares) at Jun. 30, 2023	25,446,407
Balance at Jun. 30, 2023	$ 254	303,699	(272,364)	(1,415)	30,174
Balance (in shares) at Dec. 31, 2023	26,540,030
Balance at Dec. 31, 2023	$ 265	306,250	(271,683)	(1,415)	33,417
Stock-based compensation	0	504	0	0	504
Net loss	$ 0	0	(2,961)	0	(2,961)
Balance (in shares) at Jun. 30, 2024	26,540,030
Balance at Jun. 30, 2024	$ 265	306,754	(274,644)	(1,415)	30,960
Balance (in shares) at Mar. 31, 2024	26,540,030
Balance at Mar. 31, 2024	$ 265	306,515	(272,905)	(1,415)	32,460
Stock-based compensation	0	239	0	0	239
Net loss	$ 0	0	(1,739)	0	(1,739)
Balance (in shares) at Jun. 30, 2024	26,540,030
Balance at Jun. 30, 2024	$ 265	$ 306,754	$ (274,644)	$ (1,415)	$ 30,960

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash flow from operating activities:
Net loss	$ (2,961)	$ (5,528)
Adjustments to reconcile net loss to net cash used for operating activities:
Amortization	27	94
Depreciation	253	138
Non-cash lease expense	112	248
Impairment of operating lease asset	184	0
Bad debt provision	21	62
Stock-based compensation	504	800
Deferred tax	12	8
Changes in operating assets and liabilities:
Accounts receivable	988	3,089
Inventory	215	1,141
Prepaid and other assets	(322)	352
Accounts payable	(211)	(1,116)
Accrued and other expenses	73	(510)
Lease liabilities	(113)	(263)
Deferred revenue	107	(448)
Total adjustments	1,850	3,595
Net cash used for operating activities	(1,111)	(1,933)
Cash flow from investing activities:
Additions to patents, technology and other	0	0
Additions to property and equipment	(106)	(307)
Capitalization of internal-use software development costs	(100)	(36)
Net cash used for investing activities	(206)	(343)
Decrease in cash and cash equivalents	(1,317)	(2,276)
Cash and cash equivalents, beginning of period	21,670	21,313
Cash and cash equivalents, end of period	20,353	19,037
Supplemental disclosure of cash flow information:
Interest paid	0	0
Right-of-use asset obtained in exchange for operating lease liability	$ 121	$ 0

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation and Significant Accounting Policies	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	Note 1 Basis of Presentation and Significant Accounting Policies Basis of Presentation The accompanying condensed consolidated financial statements of iCAD, Inc. and its subsidiaries (“iCAD” or the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”), which requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses during the reporting period and disclosure of contingent assets and liabilities at the date of the financial statements. Actual results could differ from those estimates. It is reasonably possible that changes may June 30, 2024 three six June 30, 2024 2023 six June 30, 2024 2023 three six June 30, 2024 2023 As discussed in Note 2, October 23, 2023. one Although the Company believes that the disclosures made in these interim financial statements are adequate to make the information presented not 10 December 31, 2023 March 29, 2024. three six June 30, 2024 not may December 31, 2024, Principles of Consolidation and Business Segments The condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, iCAD France, LLC. All material inter-company transactions and balances have been eliminated in consolidation. The Company operates one 2, October 23, 2023. Risk and Uncertainty On March 12, 2020, 19 19, June 30, 2024, 19 In late February 2022, October 2023, Sustained conflict and disruption in these regions has continued through December 31, 2023 may may may not six June 30, 2024 2023, Recently Issued Accounting Pronouncements In November 2023, No. 2023 07, 280 2023 07 2023 07 2024 2025 In December 2023, No. 2023 09, 2023 09 2023 09 December 15, 2024,

Note 2 - Discontinued Operation

Note 2 - Discontinued Operations	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	Note 2 Discontinued Operations On October 22, 2023, November 2023 15 October 22, 2023. June 30, 2024 December 31, 2023. The closing of the Transaction occurred simultaneously with the execution of the Purchase Agreement. In connection with the Transaction, the parties entered into a transition services agreement pursuant to which the Company will provide certain migration and transition services to facilitate an orderly transition of the operation of the Business to the Buyers during the five The Purchase Agreement contains certain representations, warranties, covenants and indemnification provisions, including for breaches of covenants and for losses resulting from the Company’s liabilities specifically excluded from the Transaction. The Business, which had previously been presented as a separate reporting segment, meets the criteria for being reported as a discontinued operation and has been segregated from continuing operations. The following table summarizes the results from discontinued operations: Three Months Ended June 30, Six Months Ended June 30, 2023 2023 Revenue $ 1,694 $ 3,138 Total cost of sales 742 1,599 Gross profit $ 952 $ 1,539 Total operating expenses 362 1,638 Provision for income taxes — — Income (loss) from discontinued operations, net of tax $ 590 $ (99 ) Total operating expenses presented in the table above exclude amounts that had previously been allocated to the Business for certain shared marketing expenses. The previously allocated amounts were de minimis and $0.3 million for the three six June 30, 2023, The Business is included in the Company's Condensed Consolidated Statements of Cash Flows for the six June 30, 2023. six June 30, 2023

Note 3 - Fair Value Measurement

Note 3 - Fair Value Measurements	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 3 Fair Value Measurements The Company follows the provisions of FASB ASC Topic 820, 820” three first two • Level 1 • Level 2 1 not • Level 3 no The assigned level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Money market funds included in cash and cash equivalents in the accompanying consolidated balance sheet are considered a Level 1 The following table sets forth the Company’s assets which are measured at fair value on a recurring basis by level within the fair value hierarchy: Fair Value Measurements as of June 30, 2024 Level 1 Level 2 Level 3 Total Assets Money market accounts $ 16,405 $ — $ — $ 16,405 Total Assets $ 16,405 $ — $ — $ 16,405 Fair Value Measurements as of December 31, 2023 Level 1 Level 2 Level 3 Total Assets Money market accounts $ 15,475 $ — $ — $ 15,475 Total Assets $ 15,475 $ — $ — $ 15,475 There were no Level 2 3 June 30, 2024 December 31, 2023

Note 4 - Revenue

Note 4 - Revenue	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	Note 4 Revenue Recognition Revenue is recognized when a customer obtains control of promised goods or services. The amount of revenue recognized reflects the consideration which the Company expects to be entitled to receive in exchange for these goods or services and excludes any sales incentives or taxes collected from customers which are subsequently remitted to government authorities. Disaggregation of Revenue The following tables presents the Company’s revenues disaggregated by major good or service line, timing of revenue recognition, and sales channel, reconciled to its reportable segments. Three months ended June 30, 2024 Major Goods/Service Lines Products $ 3,254 Service contracts 1,775 $ 5,029 Timing of Revenue Recognition Goods transferred at a point in time $ 1,717 Services transferred over time 3,312 $ 5,029 Sales Channels Direct sales force 3,637 OEM partners 1,392 $ 5,029 Three months ended June 30, 2023 Major Goods/Service Lines Products $ 2,301 Service contracts 1,870 $ 4,171 Timing of Revenue Recognition Goods transferred at a point in time $ 1,876 Services transferred over time 2,295 $ 4,171 Sales Channels Direct sales force $ 2,743 OEM partners 1,428 $ 4,171 Six months ended June 30, 2024 Major Goods/Service Lines Products $ 6,356 Service contracts 3,627 $ 9,983 Timing of Revenue Recognition Goods transferred at a point in time $ 4,004 Services transferred over time 5,979 $ 9,983 Sales Channels Direct sales force $ 7,269 OEM partners 2,714 $ 9,983 Six months ended June 30, 2023 Major Goods/Service Lines Products $ 4,762 Service contracts 3,744 $ 8,506 Timing of Revenue Recognition Goods transferred at a point in time $ 3,945 Services transferred over time 4,561 $ 8,506 Sales Channels Direct sales force $ 5,461 OEM partners 3,045 $ 8,506 Products. three Service Contracts As discussed in Note 2, October 23, 2023. Contract Balances Contract liabilities are a component of deferred revenue, current contract assets are a component of prepaid and other assets and non-current contract assets are a component of other assets. The following table provides information about receivables, current and non-current contract assets, and contract liabilities from contracts with customers. Contract balances Balance at Balance at Balance at June 30, 2024 December 31, 2023 December 31, 2022 Receivables, which are included in ‘Trade accounts receivable’ $ 5,383 $ 6,392 $ 5,769 Current contract assets, which are included in “Prepaid and other assets” $ 7 $ — $ 748 Non-current contract assets, which are included in “other assets” $ 485 $ 157 $ 15 Contract liabilities, which are included in “Deferred revenue” $ 4,481 $ 4,374 $ 4,046 Timing of revenue recognition may The Company records net contract assets or contract liabilities on a contract-by-contract basis. The Company records a contract asset for unbilled revenue when the Company’s performance is in excess of amounts billed or billable. The Company classifies the net contract asset as either a current or non-current based on the expected timing of the Company’s right to bill under the terms of the contract. The current contract asset balance primarily relates to a net unbilled revenue balance, which the Company expects to be able to bill for within one one Changes in deferred revenue from contracts with customers were as follows: Six Months Ended June 30, 2024 Balance at beginning of period $ 4,374 Deferral of revenue 6,871 Recognition of deferred revenue (6,764 ) Balance at end of period $ 4,481 As of June 30, 2024 two three

Note 5 - Net Loss Per Common Sh

Note 5 - Net Loss Per Common Share	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 5 Net Loss per Common Share The Company’s basic net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding for the period. A summary of the Company’s calculation of loss per share is as follows (in 000s, Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 Loss from continuing operations $ (1,739 ) $ (2,340 ) $ (2,961 ) $ (5,429 ) Loss from discontinued operations - 590 - (99 ) Net loss $ (1,739 ) $ (1,750 ) $ (2,961 ) $ (5,528 ) Shares used in the calculation of basic and diluted net loss per share 26,354 25,261 26,354 25,261 Loss per share from continuing operations - basic and diluted $ (0.07 ) $ (0.09 ) $ (0.11 ) $ (0.22 ) Loss per share from discontinued operations - basic and diluted - 0.02 - - Net loss per share - basic and diluted $ (0.07 ) $ (0.07 ) $ (0.11 ) $ (0.22 ) The shares of the Company’s common stock issuable upon the exercise of stock options that were excluded from the calculation of diluted net loss per share because their effect would have been antidilutive are as follows: June 30, 2024 2023 Stock options 3,048,004 3,265,920 Total 3,048,004 3,265,920

Note 6 - Inventories

Note 6 - Inventories	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Inventory Disclosure [Text Block]	Note 6 Inventories The Company values its inventory at the lower of cost or net realizable value. Cost includes materials, labor, and manufacturing overhead and is determined using the first first June 30, 2024 December 31, 2023, June 30, 2024 December 31, 2023 Raw materials $ 499 $ 583 Work in process 77 55 Finished goods 204 324 Inventory gross 780 962 Inventory reserve (78 ) (45 ) Inventory net $ 702 $ 917

Note 7 - Goodwill

Note 7 - Goodwill	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 7 Goodwill The Company tests goodwill for impairment on an annual basis and between annual tests if events and circumstances indicate it is more likely than not • significant underperformance relative to historical or projected future operating results; • significant changes in the manner or use of the assets or the strategy for the Company’s overall business; • significant negative industry or economic trends; • significant decline in the Company’s stock price for a sustained period; and • a decline in the Company’s market capitalization below net book value. The Company considered indicators of impairment, and there were no no three June 30, 2024 2023

Note 8 - Long-lived Assets

Note 8 - Long-lived Assets	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	Note 8 Long-lived Assets The Company assesses long-lived assets for impairment if events and circumstances indicate it is more likely than not There is no may not • A significant decrease in the market price of a long-lived asset (or asset group); • A significant adverse change in the extent or manner in which a long-lived asset (or asset group) is being used or in its physical condition; • A significant adverse change in legal factors or in the business climate that could affect the value of a long-lived asset (or asset group), including an adverse action or assessment by a regulator; • An accumulation of costs significantly in excess of the amount originally expected for the acquisition or construction of a long-lived asset (or asset group); and • A current operating period, or cash flow loss combined with a history of operating or cash flow losses or a projection or forecast that demonstrates continuing losses associated with the use of a long-lived asset (or asset group). The Company determined there were no three six June 30, 2024 2023.

Note 9 - Lease Commitments

Note 9 - Lease Commitments	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	Note 9 Lease Commitments In accordance with ASC Topic 842 842" At lease inception, the Company recognizes a lease liability equal to the present value of the remaining lease payments, and a right of use asset equal to the lease liability, subject to certain adjustments, such as for lease incentives. In determining the present value of the lease payments, the Company calculates an incremental borrowing rate, which is determined by estimating the Company’s applicable, fully collateralized borrowing rate, with adjustment as appropriate for lease term. The lease term at the lease commencement date is determined based on the non-cancellable period for which the Company has the right to use the underlying asset, together with any periods covered by an extension option if the Company is reasonably certain to exercise that option. Assumptions made by the Company at the commencement date of each lease are re-evaluated upon occurrence of certain events, including a lease modification. A lease modification results in a separate contract when the modification grants the lessee an additional right of use not Right-of-use assets and obligations for leases with an initial term of 12 not not third not 606 ASC 842 three six June 30, 2024 Certain of the Company’s leases include variable lease costs to reimburse the lessor for real estate tax and insurance expenses, and certain non-lease components that transfer a distinct service to the Company, such as common area maintenance services. The Company has elected to separate the accounting for lease components and non-lease components for real estate and equipment leases. In January 2024, March 2024 February 1, 2024 2027. two one In July 2024, June 30, 2024, 98 August 15, 2024 May 31, 2026. August 28, 2024. 98 June 30, 2024, June 30, 2024 Components of Leases: The Company has leases for office space and office equipment. The leases expire at various dates through 2028. Three Months Ended Six Months Ended Lease Cost Classification June 30, 2024 June 30, 2024 Operating lease cost - Right of Use Asset Operating expenses $ 65 $ 136 Other information related to leases was as follows: Three Months Six Months Ended June 30, 2024 Ended June 30, 2024 Cash paid from operating cash flows for operating leases $ 65 $ 136 As of June 30, 2024 Weighted-average remaining lease term of operating leases (years) 2.3 Weighted-average discount rate for operating leases 7.2 % Maturity of the Company’s lease liabilities as of June 30, 2024 2024 $ 126 2025 250 2026 131 2027 4 Total lease payments 511 Less: effects of discounting (42 ) Total lease liabilities 469 Less: current portion of lease liabilities 220 Long-term lease liabilities $ 249

Note 10 - Stockholders' Equity

Note 10 - Stockholders' Equity	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Equity [Text Block]	Note 10 Stockholders Equity 2024 At the Company's 2024 June 13, 2024, 2024 "2024 2024 • stock options, including incentive stock options, or ISOs; • stock appreciation rights, or SARs; • restricted shares; • deferred stock and restricted stock units; • performance units and performance shares; • dividend equivalents; • bonus shares; and • other stock-based awards. The 2024 2024 June 30, 2024, 2024 no 2024 Stock-Based Compensation The Company’s stock-based compensation expense, including options and restricted stock by category is as follows: Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 Cost of revenue $ — $ 1 $ 1 $ 2 Engineering and product development 27 59 83 132 Marketing and sales 43 62 105 193 General and administrative 169 92 315 473 $ 239 $ 214 $ 504 $ 800 During the three March 31, 2023, five four 2023. one As of June 30, 2024 Options granted under the Company’s stock incentive plans were valued utilizing the Black-Scholes model using the following assumptions and had the following fair values: Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 Average risk-free interest rate 4.66 % 4.10 % 4.44 % 4.14 % Expected dividend yield None None None None Expected life (average, in years) 2.8 3.1 3.1 3.0 Expected volatility 83.9% to 100.5% 77.7% to 96.3% 83.4% to 113.9% 72.7% to 96.3% Weighted average exercise price $ 1.50 $ 1.38 $ 1.52 $ 1.76 Weighted average fair value $ 0.74 $ 0.76 $ 0.86 $ 0.95 The Company’s 2024 2023 zero no not The Company did not three June 30, 2024 2023 one three first one A summary of stock option activity for all stock option plans for the period ended June 30, 2024 Number of Weighted Average Intrinsic Options Exercise Price Value Outstanding as of December 31, 2023 2,897,663 $ 5.57 $ 252 Granted 512,574 $ 1.52 Exercised — $ — $ — Cancelled (362,233 ) $ 9.73 Outstanding as of June 30, 2024 3,048,004 $ 4.49 $ 8 Options Exercisable as of December 31, 2023 1,593,935 $ 8.08 $ 30 Options Exercisable as of June 30, 2024 1,797,625 $ 6.23 $ 3

Note 11 - Income Taxes

Note 11 - Income Taxes	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 11 Income Taxes The determination of the annual effective tax rate is based upon a number of significant estimates and judgments, including the estimated annual pretax income in each tax jurisdiction in which the Company operates and the development of tax planning strategies during the year. As such, there can be significant volatility in interim tax provisions. Income tax expense was approximately $8,000 and approximately $12,000 for the three six June 30, 2024 , three six June 30, 2023, three six June 30, 2024 2023 2023 2022

Note 12 - Commitments and Conti

Note 12 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 12 Commitments and Contingencies Other Commitments The Company is obligated to pay approximately $1.6 million for firm purchase obligations to suppliers for future product and service deliverables and $0.4 million for minimum royalty obligations. Litigation The Company may no not ASC 450

Note 13 - Restructuring

Note 13 - Restructuring	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	Note 13 Restructuring On March 20, 2023, 2, October 23, 2023. The Company incurred total charges of $0.2 million related to the RIF during the year ended December 31, 2023, three March 31, 2023. one No

Note 14 - Issuances of Common S

Note 14 - Issuances of Common Stock	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Issuances of Common Stock [Text Block]	Note 14 Issuances of Common Stock As previously disclosed, on August 11, 2023, may 415 1933, three six June 30, 2024 2023,

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The accompanying condensed consolidated financial statements of iCAD, Inc. and its subsidiaries (“iCAD” or the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”), which requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses during the reporting period and disclosure of contingent assets and liabilities at the date of the financial statements. Actual results could differ from those estimates. It is reasonably possible that changes may June 30, 2024 three six June 30, 2024 2023 six June 30, 2024 2023 three six June 30, 2024 2023 As discussed in Note 2, October 23, 2023. one Although the Company believes that the disclosures made in these interim financial statements are adequate to make the information presented not 10 December 31, 2023 March 29, 2024. three six June 30, 2024 not may December 31, 2024,
Principles of Consolidation and Business Segments [Policy Text Block]	Principles of Consolidation and Business Segments The condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, iCAD France, LLC. All material inter-company transactions and balances have been eliminated in consolidation. The Company operates one 2, October 23, 2023.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Risk and Uncertainty On March 12, 2020, 19 19, June 30, 2024, 19 In late February 2022, October 2023, Sustained conflict and disruption in these regions has continued through December 31, 2023 may may may not six June 30, 2024 2023,
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Pronouncements In November 2023, No. 2023 07, 280 2023 07 2023 07 2024 2025 In December 2023, No. 2023 09, 2023 09 2023 09 December 15, 2024,

Note 2 - Discontinued Operati_2

Note 2 - Discontinued Operations (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Disposal Groups, Including Discontinued Operations [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2023 2023 Revenue $ 1,694 $ 3,138 Total cost of sales 742 1,599 Gross profit $ 952 $ 1,539 Total operating expenses 362 1,638 Provision for income taxes — — Income (loss) from discontinued operations, net of tax $ 590 $ (99 )

Note 3 - Fair Value Measureme_2

Note 3 - Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Level 1 Level 2 Level 3 Total Assets Money market accounts $ 16,405 $ — $ — $ 16,405 Total Assets $ 16,405 $ — $ — $ 16,405 Level 1 Level 2 Level 3 Total Assets Money market accounts $ 15,475 $ — $ — $ 15,475 Total Assets $ 15,475 $ — $ — $ 15,475

Note 4 - Revenue (Tables)

Note 4 - Revenue (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three months ended June 30, 2024 Major Goods/Service Lines Products $ 3,254 Service contracts 1,775 $ 5,029 Timing of Revenue Recognition Goods transferred at a point in time $ 1,717 Services transferred over time 3,312 $ 5,029 Sales Channels Direct sales force 3,637 OEM partners 1,392 $ 5,029 Three months ended June 30, 2023 Major Goods/Service Lines Products $ 2,301 Service contracts 1,870 $ 4,171 Timing of Revenue Recognition Goods transferred at a point in time $ 1,876 Services transferred over time 2,295 $ 4,171 Sales Channels Direct sales force $ 2,743 OEM partners 1,428 $ 4,171 Six months ended June 30, 2024 Major Goods/Service Lines Products $ 6,356 Service contracts 3,627 $ 9,983 Timing of Revenue Recognition Goods transferred at a point in time $ 4,004 Services transferred over time 5,979 $ 9,983 Sales Channels Direct sales force $ 7,269 OEM partners 2,714 $ 9,983 Six months ended June 30, 2023 Major Goods/Service Lines Products $ 4,762 Service contracts 3,744 $ 8,506 Timing of Revenue Recognition Goods transferred at a point in time $ 3,945 Services transferred over time 4,561 $ 8,506 Sales Channels Direct sales force $ 5,461 OEM partners 3,045 $ 8,506
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	Balance at Balance at Balance at June 30, 2024 December 31, 2023 December 31, 2022 Receivables, which are included in ‘Trade accounts receivable’ $ 5,383 $ 6,392 $ 5,769 Current contract assets, which are included in “Prepaid and other assets” $ 7 $ — $ 748 Non-current contract assets, which are included in “other assets” $ 485 $ 157 $ 15 Contract liabilities, which are included in “Deferred revenue” $ 4,481 $ 4,374 $ 4,046
Deferred Revenue, by Arrangement, Disclosure [Table Text Block]	Six Months Ended June 30, 2024 Balance at beginning of period $ 4,374 Deferral of revenue 6,871 Recognition of deferred revenue (6,764 ) Balance at end of period $ 4,481

Note 5 - Net Loss Per Common _2

Note 5 - Net Loss Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 Loss from continuing operations $ (1,739 ) $ (2,340 ) $ (2,961 ) $ (5,429 ) Loss from discontinued operations - 590 - (99 ) Net loss $ (1,739 ) $ (1,750 ) $ (2,961 ) $ (5,528 ) Shares used in the calculation of basic and diluted net loss per share 26,354 25,261 26,354 25,261 Loss per share from continuing operations - basic and diluted $ (0.07 ) $ (0.09 ) $ (0.11 ) $ (0.22 ) Loss per share from discontinued operations - basic and diluted - 0.02 - - Net loss per share - basic and diluted $ (0.07 ) $ (0.07 ) $ (0.11 ) $ (0.22 )
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	June 30, 2024 2023 Stock options 3,048,004 3,265,920 Total 3,048,004 3,265,920

Note 6 - Inventories (Tables)

Note 6 - Inventories (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Inventory, Current [Table Text Block]	June 30, 2024 December 31, 2023 Raw materials $ 499 $ 583 Work in process 77 55 Finished goods 204 324 Inventory gross 780 962 Inventory reserve (78 ) (45 ) Inventory net $ 702 $ 917

Note 9 - Lease Commitments (Tab

Note 9 - Lease Commitments (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Lease, Cost [Table Text Block]	Three Months Ended Six Months Ended Lease Cost Classification June 30, 2024 June 30, 2024 Operating lease cost - Right of Use Asset Operating expenses $ 65 $ 136 Three Months Six Months Ended June 30, 2024 Ended June 30, 2024 Cash paid from operating cash flows for operating leases $ 65 $ 136 As of June 30, 2024 Weighted-average remaining lease term of operating leases (years) 2.3 Weighted-average discount rate for operating leases 7.2 %
Financing Lease and Lessee Operating Lease Liability Maturity [Table Text Block]	2024 $ 126 2025 250 2026 131 2027 4 Total lease payments 511 Less: effects of discounting (42 ) Total lease liabilities 469 Less: current portion of lease liabilities 220 Long-term lease liabilities $ 249

Note 10 - Stockholders' Equity

Note 10 - Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 Cost of revenue $ — $ 1 $ 1 $ 2 Engineering and product development 27 59 83 132 Marketing and sales 43 62 105 193 General and administrative 169 92 315 473 $ 239 $ 214 $ 504 $ 800
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 Average risk-free interest rate 4.66 % 4.10 % 4.44 % 4.14 % Expected dividend yield None None None None Expected life (average, in years) 2.8 3.1 3.1 3.0 Expected volatility 83.9% to 100.5% 77.7% to 96.3% 83.4% to 113.9% 72.7% to 96.3% Weighted average exercise price $ 1.50 $ 1.38 $ 1.52 $ 1.76 Weighted average fair value $ 0.74 $ 0.76 $ 0.86 $ 0.95
Share-Based Payment Arrangement, Option, Activity [Table Text Block]	Number of Weighted Average Intrinsic Options Exercise Price Value Outstanding as of December 31, 2023 2,897,663 $ 5.57 $ 252 Granted 512,574 $ 1.52 Exercised — $ — $ — Cancelled (362,233 ) $ 9.73 Outstanding as of June 30, 2024 3,048,004 $ 4.49 $ 8 Options Exercisable as of December 31, 2023 1,593,935 $ 8.08 $ 30 Options Exercisable as of June 30, 2024 1,797,625 $ 6.23 $ 3

Note 1 - Basis of Presentatio_2

Note 1 - Basis of Presentation and Significant Accounting Policies (Details Textual)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Number of Operating Segments	1
Revenue Benchmark [Member] | Geographic Concentration Risk [Member] | Non-US [Member]
Concentration Risk, Percentage	16%	14%

Note 2 - Discontinued Operati_3

Note 2 - Discontinued Operations (Details Textual) - Disposal Group, Held-for-Sale, Not Discontinued Operations [Member] - Xoft Solutions, LLC [Member] - USD ($)		3 Months Ended	6 Months Ended
	Oct. 22, 2023	Jun. 30, 2023	Jun. 30, 2023
Disposal Group, Including Discontinued Operation, Consideration	$ 5,760,000
Proceeds from Divestiture of Businesses	$ 5,000,000
Disposal Group, Including Discontinued Operation, Consideration, Period for Holdback Reserve (Month)	15 months
Disposal Group, Including Discontinued Operation, Operating Expense		$ (362,000)	$ (1,638,000)
Net Cash Provided by (Used in) Discontinued Operations			0.5
Shared Marketing Expense [Member]
Disposal Group, Including Discontinued Operation, Operating Expense			$ 0.3
Other Assets [Member]
Disposal Group, Including Discontinued Operation, Consideration	$ 700,000

Note 2 - Discontinued Operati_4

Note 2 - Discontinued Operations - Summary of Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income (loss) from discontinued operations, net of tax	$ 0	$ 590	$ 0	$ (99)
Disposal Group, Held-for-Sale, Not Discontinued Operations [Member] | Xoft Solutions, LLC [Member]
Revenue		1,694		3,138
Total cost of sales		742		1,599
Gross profit		952		1,539
Total operating expenses		362		1,638
Provision for income taxes		0		0
Income (loss) from discontinued operations, net of tax		$ 590		$ (99)

Note 3 - Fair Value Measureme_3

Note 3 - Fair Value Measurements (Details Textual) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value Disclosure, Total	$ 0	$ 0

Note 3 - Fair Value Measureme_4

Note 3 - Fair Value Measurements - Assets and Liabilities which are Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Fair Value, Inputs, Level 3 [Member]
Assets, fair value	$ 0	$ 0
Fair Value, Recurring [Member]
Assets, fair value	16,405	15,475
Fair Value, Recurring [Member] | Money Market Funds [Member]
Assets, fair value	16,405	15,475
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Assets, fair value	16,405	15,475
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member]
Assets, fair value	16,405	15,475
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Assets, fair value	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Money Market Funds [Member]
Assets, fair value	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Assets, fair value	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Money Market Funds [Member]
Assets, fair value	$ 0	$ 0

Note 4 - Revenue 1 (Details Tex

Note 4 - Revenue 1 (Details Textual) $ in Millions	6 Months Ended
	Jun. 30, 2024 USD ($)
Revenue, Remaining Performance Obligation, Amount	$ 4.5
Minimum [Member]
Service Contracts, Term (Year)	12 years
Maximum [Member]
Service Contracts, Term (Year)	48 years

Note 4 - Revenue 2 (Details Tex

Note 4 - Revenue 2 (Details Textual)	Jun. 30, 2024 USD ($)
Revenue, Remaining Performance Obligation, Amount	$ 4,500,000
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-07-01
Revenue, Remaining Performance Obligation, Amount	$ 3,300
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Month)	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-07-01 | Minimum [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Month)	2 years
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-07-01 | Maximum [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Month)	3 years

Note 4 - Revenue - Revenues Dis

Note 4 - Revenue - Revenues Disaggregated by Major Good or Service Line, Timing of Revenue Recognition, and Sales Channel, Reconciled to Our Reportable Segments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Revenue from contracts with customers	$ 5,029	$ 4,171	$ 9,983	$ 8,506
Direct Sales Force [Member]
Revenue from contracts with customers	3,637	2,743	7,269	5,461
OEM Partners [Member]
Revenue from contracts with customers	1,392	1,428	2,714	3,045
Transferred at Point in Time [Member]
Revenue from contracts with customers	1,717	1,876	4,004	3,945
Transferred over Time [Member]
Revenue from contracts with customers	3,312	2,295	5,979	4,561
Product [Member]
Revenue from contracts with customers	3,254	2,301	6,356	4,762
Service Contracts [Member]
Revenue from contracts with customers	$ 1,775	$ 1,870	$ 3,627	$ 3,744

Note 4 - Revenue - Summary of R

Note 4 - Revenue - Summary of Receivables, Contract Assets and Contract Liabilities from Contracts with Customers (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Receivables, which are included in ‘Trade accounts receivable’	$ 5,383	$ 6,392	$ 5,769
Current contract assets, which are included in “Prepaid and other assets”	7	0	748
Non-current contract assets, which are included in “other assets”	485	157	15
Contract liabilities, which are included in “Deferred revenue”	$ 4,481	$ 4,374	$ 4,046

Note 4 - Revenue - Summary of C

Note 4 - Revenue - Summary of Changes in Deferred Revenue from Contracts with Customers (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Balance at beginning of period	$ 4,374
Deferral of revenue	6,871
Recognition of deferred revenue	(6,764)
Balance at end of period	$ 4,481

Note 5 - Net Loss Per Common _3

Note 5 - Net Loss Per Common Share - Calculation of Net Loss Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Loss from continuing operations	$ (1,739)	$ (2,340)	$ (2,961)	$ (5,429)
Income (loss) from discontinued operations, net of tax	0	590	0	(99)
Net loss and comprehensive loss	$ (1,739)	$ (1,750)	$ (2,961)	$ (5,528)
Basic and diluted (in shares)	26,354	25,261	26,354	25,261
Loss from continuing operations, basic and diluted (in dollars per share)	$ (0.07)	$ (0.09)	$ (0.11)	$ (0.22)
Income (loss) from discontinued operations, basic and diluted (in dollars per share)	0	0.02	0	0
Net loss per share (in dollars per share)	$ (0.07)	$ (0.07)	$ (0.11)	$ (0.22)

Note 5 - Net Loss Per Common _4

Note 5 - Net Loss Per Common Share - Schedule of Anti-dilutive Shares Excluded From Computation of Diluted Net Loss Per Share (Details) - shares	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Antidilutive securities (in shares)	3,048,004	3,265,920
Share-Based Payment Arrangement, Option [Member]
Antidilutive securities (in shares)	3,048,004	3,265,920

Note 6 - Inventory - Schedule o

Note 6 - Inventory - Schedule of Current Inventory (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Raw materials	$ 499	$ 583
Work in process	77	55
Finished goods	204	324
Inventory gross	780	962
Inventory reserve	(78)	(45)
Inventory net	$ 702	$ 917

Note 7 - Goodwill (Details Text

Note 7 - Goodwill (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Goodwill, Impairment Loss	$ 0	$ 0

Note 9 - Lease Commitments (Det

Note 9 - Lease Commitments (Details Textual)		1 Months Ended	3 Months Ended	6 Months Ended
	Aug. 15, 2024 USD ($)	Jan. 31, 2024 USD ($) ft²	Jun. 30, 2024 USD ($)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Operating Lease, Impairment Loss			$ 0	$ 0
Operating Lease, Right-of-Use Asset			286,000	286,000		$ 461,000
Impairment, Lessor Asset under Operating Lease				184,000	$ 0
Subsequent Event [Member]
Sublease Income	$ 8,262
Nashua, NH Office Lease [Member]
Lessee, Operating Lease, Term of Contract (Month)		36 months
Area of Real Estate Property (Square Foot) | ft²		3,000
Operating Lease, Expense		$ 46,000
Operating Lease, Right-of-Use Asset			$ 100,000	$ 100,000

Note 9 - Lease Commitments - Sc

Note 9 - Lease Commitments - Schedule of Components of Lease Expense (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2024 USD ($)
Operating lease cost - Right of Use Asset	$ 65	$ 136
Cash paid from operating cash flows for operating leases	$ 65	$ 136
Weighted-average remaining lease term of operating leases (years) (Year)	2 years 3 months 18 days	2 years 3 months 18 days
Weighted-average discount rate for operating leases	7.20%	7.20%

Note 9 - Lease Commitments - Su

Note 9 - Lease Commitments - Summary of Detained Information of Lease Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
2024	$ 126
2025	250
2026	131
2027	4
Total lease payments	511
Less: effects of discounting	(42)
Total lease liabilities	469
Less: current portion of lease liabilities	220	$ 188
Long-term lease liabilities	$ 249	$ 273

Note 10 - Stockholders' Equit_2

Note 10 - Stockholders' Equity (Details Textual) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2024 USD ($) shares	Mar. 31, 2024	Jun. 30, 2023 USD ($)	Mar. 31, 2023 USD ($)	Jun. 30, 2024 USD ($) shares	Jun. 30, 2023 USD ($) shares	Jun. 13, 2024 shares
Share-Based Payment Arrangement, Expense	$ 239		$ 214		$ 504	$ 800
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 1,000				$ 1,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)					2 years 2 months 19 days
Four Grantees [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term (Year)				5 years
Modified Stock Options [Member]
Share-Based Payment Arrangement, Expense				$ 200
Modified Stock Options [Member] | One Grantee [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Day)		24 months		90 days
Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares) | shares					0	0
Restricted Stock [Member] | Share-Based Payment Arrangement, Tranche One [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Day)					1 year
Restricted Stock [Member] | Share-Based Payment Arrangement, Tranche Two [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Day)					1 year
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting, Number of Installments	3				3
The 2024 Omnibus Equity Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares) | shares	2,000,000				2,000,000		2,000,000

Note 10 - Stockholders Equity -

Note 10 - Stockholders Equity - Stock-Based Compensation Expense Including Options and Restricted Stock by Category (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Allocated share-based compensation expense	$ 239	$ 214	$ 504	$ 800
Cost of Sales [Member]
Allocated share-based compensation expense	0	1	1	2
Engineering and Product Development [Member]
Allocated share-based compensation expense	27	59	83	132
Selling and Marketing Expense [Member]
Allocated share-based compensation expense	43	62	105	193
General and Administrative Expense [Member]
Allocated share-based compensation expense	$ 169	$ 92	$ 315	$ 473

Note 10 - Stockholders Equity_2

Note 10 - Stockholders Equity - Options Granted under Company's Stock Incentive Plans, Valuation Assumptions and Fair Values (Details) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Average risk-free interest rate	4.66%	4.10%	4.44%	4.14%
Expected dividend yield	0%	0%	0%	0%
Expected life (average, in years) (Year)	2 years 9 months 18 days	3 years 1 month 6 days	3 years 1 month 6 days	3 years
Granted, weighted average exercise price (in dollars per share)	$ 1.5	$ 1.38	$ 1.52	$ 1.76
Weighted average fair value (in dollars per share)	$ 0.74	$ 0.76	$ 0.86	$ 0.95
Minimum [Member]
Expected volatility	83.90%	77.70%	83.40%	72.70%
Maximum [Member]
Expected volatility	100.50%	96.30%	113.90%	96.30%

Note 10 - Stockholders' Equit_3

Note 10 - Stockholders' Equity - Summary of Stock Option Activity for Stock Option Plan (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Outstanding, shares (in shares)			2,897,663
Outstanding, weighted average exercise price (in dollars per share)			$ 5.57
Outstanding, aggregate intrinsic value	$ 8		$ 8		$ 252
Granted, shares (in shares)			512,574
Granted, weighted average exercise price (in dollars per share)	$ 1.5	$ 1.38	$ 1.52	$ 1.76
Granted, aggregate intrinsic value
Exercised, shares (in shares)			0
Exercised, weighted average exercise price (in dollars per share)			$ 0
Exercised, aggregate intrinsic value			$ 0
Cancelled, shares (in shares)			(362,233)
Cancelled, weighted average exercise price (in dollars per share)			$ 9.73
Outstanding, shares (in shares)	3,048,004		3,048,004
Outstanding, weighted average exercise price (in dollars per share)	$ 4.49		$ 4.49
Options Exercisable (in shares)	1,797,625		1,797,625		1,593,935
Options Exercisable, weighted average exercise price (in dollars per share)	$ 6.23		$ 6.23		$ 8.08
Options Exercisable, aggregate intrinsic value	$ 3		$ 3		$ 30

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Tax Expense (Benefit)	$ 8,000	$ 4,000	$ 12,000	$ 9,000
Effective Income Tax Rate Reconciliation, Percent			1%	1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			21%	21%

Note 12 - Commitments and Con_2

Note 12 - Commitments and Contingencies (Details Textual) $ in Millions	Jun. 30, 2024 USD ($)
Purchase Obligation	$ 1.6
Royalty Obligations [Member]
Other Commitment	$ 0.4

Note 13 - Restructuring (Detail

Note 13 - Restructuring (Details Textual) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
	Mar. 20, 2023	Mar. 31, 2023	Dec. 31, 2023	Jun. 30, 2024
Restructuring and Related Cost, Number of Positions Eliminated, Period Percent	28%
Restructuring and Related Cost, Number of Positions Eliminated	23
Restructuring and Related Cost, Expected Cost Remaining				$ 0
Employee Severance [Member]
Restructuring Costs		$ 100	$ 200
Xoft Inc [Member]
Restructuring and Related Cost, Number of Positions Eliminated, Period Percent	50%
Restructuring and Related Cost, Number of Positions Eliminated	12

Note 14 - Issuances of Common_2

Note 14 - Issuances of Common Stock (Details Textual) - At-the-market Sales Agreement [Member] - USD ($) shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Aug. 11, 2023
Equity Offering, Maximum Amount					$ 25
Stock Issued During Period, Shares, New Issues (in shares)	0	0	0	0