iCAD (ICAD) 10-Q 13 Nov 24 2024 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2024	Nov. 12, 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	Q3
Document Fiscal Year Focus	2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 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	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 18,793	$ 21,670
Trade accounts receivable, net of allowance for credit losses of $305 and $277 as of September 30, 2024 and December 31, 2023, respectively	5,415	6,392
Inventory, net	689	917
Prepaid expenses and other current assets	1,209	699
Total current assets	26,106	29,678
Property and equipment, net of accumulated depreciation of $1,333 and $1,045 as of September 30, 2024 and December 31, 2023, respectively	1,669	1,823
Operating lease assets	232	461
Other assets	549	849
Intangible assets, net of accumulated amortization of $8,525 and $8,488 as of September 30, 2024 and December 31, 2023, respectively	111	148
Goodwill	8,362	8,362
Deferred tax assets	78	97
Total assets	37,107	41,418
Current liabilities:
Accounts payable	422	712
Accrued and other expenses	2,375	2,448
Less: current portion of lease liabilities	224	188
Deferred revenue—current portion	3,475	3,400
Total current liabilities	6,496	6,748
Long-term lease liabilities	191	273
Deferred revenue, net of current	1,023	974
Deferred tax	7	6
Other	17	0
Total liabilities	7,734	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 September 30, 2024 and December 31, 2023, respectively; outstanding 26,354,199 as of both September 30, 2024 and December 31, 2023, respectively.	265	265
Additional paid-in capital	306,968	306,250
Accumulated deficit	(276,445)	(271,683)
Treasury stock at cost, 185,831 shares as of both September 30, 2024 and December 31, 2023	(1,415)	(1,415)
Total stockholders’ equity	29,373	33,417
Total liabilities and stockholders’ equity	$ 37,107	$ 41,418

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Allowance for doubtful accounts on trade accounts receivable	$ 305	$ 277
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	1,333	1,045
Intangible assets, accumulated amortization	$ 8,525	$ 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 ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenue:
Revenue	$ 4,217	$ 4,073	$ 14,200	$ 12,578
Cost of revenue:
Cost of revenue	583	552	2,235	2,115
Gross profit	3,634	3,521	11,965	10,463
Operating expenses:
Engineering and product development	1,926	1,147	5,197	3,909
Marketing and sales	1,861	1,495	6,210	5,690
General and administrative	1,806	2,042	5,779	7,650
Amortization and depreciation	56	56	182	186
Total operating expenses	5,649	4,740	17,368	17,435
Loss from operations	(2,015)	(1,219)	(5,403)	(6,972)
Other income/ (expense):
Interest expense	0	0	0	(2)
Interest income	210	195	619	528
Other income (expense), net	10	(9)	41	(8)
Other income, net	220	186	660	518
Loss before provision for income taxes	(1,795)	(1,033)	(4,743)	(6,454)
Provision for income taxes	(6)	(4)	(19)	(13)
Loss from continuing operations	(1,801)	(1,037)	(4,762)	(6,467)
Loss from discontinued operations, net of tax	0	(337)	0	(435)
Net loss and comprehensive loss	$ (1,801)	$ (1,374)	$ (4,762)	$ (6,902)
Net loss per share:
Loss from continuing operations, basic and diluted (in dollars per share)	$ (0.07)	$ (0.04)	$ (0.18)	$ (0.25)
Loss from discontinued operations, basic and diluted (in dollars per share)	0	(0.01)	0	(0.02)
Net loss per share (in dollars per share)	$ (0.07)	$ (0.05)	$ (0.18)	$ (0.27)
Weighted average number of shares used in computing loss per share:
Basic and diluted (in shares)	26,354,370	25,597,125	26,354,370	25,374,105
Product [Member]
Revenue:
Revenue	$ 2,508	$ 2,198	$ 8,864	$ 6,961
Cost of revenue:
Cost of revenue	197	263	1,047	1,099
Service [Member]
Revenue:
Revenue	1,709	1,875	5,336	5,617
Cost of revenue:
Cost of revenue	273	267	922	951
Amortization and Depreciation [Member]
Cost of revenue:
Cost of revenue	$ 113	$ 22	$ 266	$ 65

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	1,114	0	0	1,114
Net loss	$ 0	0	(6,902)	0	(6,902)
Issuance of common stock pursuant to stop option plans (in shares)	35,809
Issuance of common stock pursuant to stop option plans	$ 0	80			80
Issuance of common stock, net of issuance costs of $336 (in shares)	958,248
Issuance of common stock, net of issuance costs of $336	$ 10	1,831			1,841
Balance (in shares) at Sep. 30, 2023	26,440,464
Balance at Sep. 30, 2023	$ 264	305,924	(273,738)	(1,415)	31,035
Balance (in shares) at Jun. 30, 2023	25,446,407
Balance at Jun. 30, 2023	$ 254	303,699	(272,364)	(1,415)	30,174
Stock-based compensation	0	314	0	0	314
Net loss	$ 0	0	(1,374)	0	(1,374)
Issuance of common stock pursuant to stop option plans (in shares)	35,809
Issuance of common stock pursuant to stop option plans	$ 0	80			80
Issuance of common stock, net of issuance costs of $336 (in shares)	958,248
Issuance of common stock, net of issuance costs of $336	$ 10	1,831			1,841
Balance (in shares) at Sep. 30, 2023	26,440,464
Balance at Sep. 30, 2023	$ 264	305,924	(273,738)	(1,415)	31,035
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	718	0	0	718
Net loss	$ 0	0	(4,762)	0	$ (4,762)
Issuance of common stock pursuant to stop option plans (in shares)					0
Balance (in shares) at Sep. 30, 2024	26,540,030
Balance at Sep. 30, 2024	$ 265	306,968	(276,445)	(1,415)	$ 29,373
Balance (in shares) at Jun. 30, 2024	26,540,030
Balance at Jun. 30, 2024	$ 265	306,754	(274,644)	(1,415)	30,960
Stock-based compensation	0	214	0	0	214
Net loss	$ 0	0	(1,801)	0	(1,801)
Balance (in shares) at Sep. 30, 2024	26,540,030
Balance at Sep. 30, 2024	$ 265	$ 306,968	$ (276,445)	$ (1,415)	$ 29,373

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2023
Issuance costs	$ 336	$ 336

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flow from operating activities:
Net loss	$ (4,762)	$ (6,902)
Adjustments to reconcile net loss to net cash used for operating activities:
Amortization	37	142
Depreciation	412	202
Non-cash lease expense	166	409
Impairment of operating lease asset	184	0
Bad debt provision	21	189
Stock-based compensation	718	1,114
Deferred tax	20	12
Other	5	0
Changes in operating assets and liabilities:
Accounts receivable	956	1,903
Inventory	228	1,472
Prepaid and other assets	(210)	38
Accounts payable	(290)	(509)
Accrued and other expenses	(73)	(1,022)
Lease liabilities	(150)	(420)
Deferred revenue	124	(141)
Total adjustments	2,148	3,389
Net cash used for operating activities	(2,614)	(3,513)
Cash flow from investing activities:
Additions to property and equipment	(163)	(487)
Capitalization of internal-use software development costs	(100)	(188)
Net cash used for investing activities	(263)	(675)
Cash flow from financing activities:
Proceeds from option exercises pursuant to stock option plans	0	80
Proceeds from issuances of common stock, net of issuance costs	0	1,841
Net cash provided by financing activities	0	1,921
Decrease in cash and cash equivalents	(2,877)	(2,267)
Cash and cash equivalents, beginning of period	21,670	21,313
Cash and cash equivalents, end of period	18,793	19,046
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	9 Months Ended
	Sep. 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 September 30, 2024 three nine September 30, 2024 2023 nine September 30, 2024 2023 three nine September 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 nine September 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, September 30, 2024 19 In late February 2022, October 2023, Sustained conflict and disruption in each region has continued through December 31, 2023 may may may not nine September 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, In November 2024, No. 2024 03, 2024 03 2024 03 not December 15, 2026, December 15, 2027.

Note 2 - Discontinued Operation

Note 2 - Discontinued Operations	9 Months Ended
	Sep. 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. September 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 provided certain migration and transition services to facilitate an orderly transition of the operation of the Business to the Buyers during the five first 2024 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 September 30, Nine Months Ended September 30, 2023 2023 Revenue $ 1,414 $ 4,551 Total cost of sales 916 2,516 Gross profit $ 498 $ 2,036 Total operating expenses 835 2,471 Provision for income taxes — — Loss from discontinued operations, net of tax $ (337 ) $ (435 ) 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 less than $0.1 million and $0.2 million for the three nine September 30, 2023 The Business is included in the Company's Condensed Consolidated Statements of Cash Flows for the nine September 30, 2023 nine September 30, 2023

Note 3 - Fair Value Measurement

Note 3 - Fair Value Measurements	9 Months Ended
	Sep. 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 September 30, 2024 Level 1 Level 2 Level 3 Total Assets Money market accounts $ 16,083 $ — $ — $ 16,083 Total Assets $ 16,083 $ — $ — $ 16,083 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 September 30, 2024 December 31, 2023

Note 4 - Revenue

Note 4 - Revenue	9 Months Ended
	Sep. 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 September 30, 2024 Major Goods/Service Lines Products $ 2,508 Service contracts 1,709 $ 4,217 Timing of Revenue Recognition Goods transferred at a point in time $ 1,230 Services transferred over time 2,987 $ 4,217 Sales Channels Direct sales force 3,190 OEM partners 1,027 $ 4,217 Three months ended September 30, 2023 Major Goods/Service Lines Products $ 2,198 Service contracts 1,875 $ 4,073 Timing of Revenue Recognition Goods transferred at a point in time $ 1,834 Services transferred over time 2,239 $ 4,073 Sales Channels Direct sales force $ 2,825 OEM partners 1,248 $ 4,073 Nine months ended September 30, 2024 Major Goods/Service Lines Products $ 8,864 Service contracts 5,336 $ 14,200 Timing of Revenue Recognition Goods transferred at a point in time $ 5,233 Services transferred over time 8,967 $ 14,200 Sales Channels Direct sales force $ 10,459 OEM partners 3,741 $ 14,200 Nine months ended September 30, 2023 Major Goods/Service Lines Products $ 6,961 Service contracts 5,617 $ 12,578 Timing of Revenue Recognition Goods transferred at a point in time $ 5,779 Services transferred over time 6,799 $ 12,578 Sales Channels Direct sales force $ 8,287 OEM partners 4,291 $ 12,578 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 September 30, 2024 December 31, 2023 December 31, 2022 Receivables, which are included in ‘Trade accounts receivable’ $ 5,415 $ 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” $ 4,498 $ 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: Nine Months Ended September 30, 2024 Balance at beginning of period $ 4,374 Deferral of revenue 5,891 Recognition of deferred revenue (5,767 ) Balance at end of period $ 4,498 As of September 30, 2024 two three

Note 5 - Net Loss Per Common Sh

Note 5 - Net Loss Per Common Share	9 Months Ended
	Sep. 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: Three Months Ended Nine Months Ended September 30, September 30, 2024 2023 2024 2023 Loss from continuing operations $ (1,801 ) $ (1,037 ) $ (4,762 ) $ (6,467 ) Loss from discontinued operations - (337 ) - (435 ) Net loss $ (1,801 ) $ (1,374 ) $ (4,762 ) $ (6,902 ) Shares used in the calculation of basic and diluted net loss per share 26,354,370 25,597,125 26,354,370 25,374,105 Loss per share from continuing operations - basic and diluted $ (0.07 ) $ (0.04 ) $ (0.18 ) $ (0.25 ) Loss per share from discontinued operations - basic and diluted - (0.01 ) - (0.02 ) Net loss per share - basic and diluted $ (0.07 ) $ (0.05 ) $ (0.18 ) $ (0.27 ) 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: September 30, 2024 2023 Stock options 3,092,336 3,209,591 Total 3,092,336 3,209,591

Note 6 - Inventories

Note 6 - Inventories	9 Months Ended
	Sep. 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 September 30, 2024 December 31, 2023 September 30, 2024 December 31, 2023 Raw materials $ 496 $ 583 Work in process 39 55 Finished goods 232 324 Inventory gross 767 962 Inventory reserve (78 ) (45 ) Inventory net $ 689 $ 917

Note 7 - Goodwill

Note 7 - Goodwill	9 Months Ended
	Sep. 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 nine September 30, 2024 2023

Note 8 - Long-lived Assets

Note 8 - Long-lived Assets	9 Months Ended
	Sep. 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 9 three nine September 30, 2024 2023

Note 9 - Lease Commitments

Note 9 - Lease Commitments	9 Months Ended
	Sep. 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 ASC Topic 606, ASC 842 three nine September 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 During the quarter ended June 30, 2024, 98 July 2024, August 15, 2024 May 31, 2026. August 2024. 98 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 Nine Months Ended Lease Cost Classification September 30, 2024 September 30, 2024 Operating lease cost - Right of Use Asset Operating expenses $ 63 $ 199 Other information related to leases was as follows: Three Months Nine Months Ended September 30, 2024 Ended September 30, 2024 Cash paid from operating cash flows for operating leases $ 63 $ 199 As of September 30, 2024 Weighted-average remaining lease term of operating leases (years) 2.1 Weighted-average discount rate for operating leases 7.8 % Maturity of the Company’s lease liabilities as of September 30, 2024 2024 $ 62 2025 250 2026 131 2027 4 Total lease payments 447 Less: effects of discounting (32 ) Total lease liabilities 415 Less: current portion of lease liabilities 224 Long-term lease liabilities $ 191

Note 10 - Stockholders' Equity

Note 10 - Stockholders' Equity	9 Months Ended
	Sep. 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 September 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 Nine Months Ended September 30, September 30, 2024 2023 2024 2023 Cost of revenue $ — $ 1 $ 1 $ 3 Engineering and product development 28 56 111 188 Marketing and sales 28 75 133 268 General and administrative 158 171 473 655 $ 214 $ 303 $ 718 $ 1,114 During the three March 31, 2023, five four 2023. one As of September 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 Nine Months Ended September 30, September 30, 2024 2023 2024 2023 Average risk-free interest rate 3.95 % 4.94 % 4.40 % 4.30 % Expected dividend yield None None None None Expected life (average, in years) 2.8 2.5 2.9 2.9 Expected volatility 83.8%-97.7% 84.3% to 134.4% 83.4%-113.9% 72.7% to 134.4% Weighted average exercise price $1.40 $2.70 $1.50 $1.82 Weighted average fair value $0.74 $1.34 $0.84 $0.97 The Company’s 2024 2023 zero no not The Company did not three September 30, 2024 2023 one three first one A summary of stock option activity for all stock option plans for the period ended September 30, 2024 Number of Weighted Average Intrinsic Options Exercise Price Value Outstanding as of December 31, 2023 2,897,663 $ 5.57 $ 252 Granted 613,354 $ 1.50 Exercised — $ — $ — Cancelled (418,681 ) $ 8.54 Outstanding as of September 30, 2024 3,092,336 $ 4.36 $ 180 Options exercisable as of December 31, 2023 1,593,935 $ 8.08 $ 30 Options exercisable as of September 30, 2024 1,882,453 $ 6.02 $ 57

Note 11 - Income Taxes

Note 11 - Income Taxes	9 Months Ended
	Sep. 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 $6 thousand and approximately $19 thousand for the three nine September 30, 2024 , three nine September 30, 2023 three nine September 30, 2024 2023 2023 2022

Note 12 - Commitments and Conti

Note 12 - Commitments and Contingencies	9 Months Ended
	Sep. 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 $1.7 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	9 Months Ended
	Sep. 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 has incurred charges of $0.2 million related to the RIF, all of which were recognized during the nine months ended September 30, 2023. one No

Note 14 - Issuances of Common S

Note 14 - Issuances of Common Stock	9 Months Ended
	Sep. 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 September 30, 2023, September 30, 2023, three nine September 30, 2024 September 30, 2024,

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2024
Insider Trading Arr Line Items
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 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 September 30, 2024 three nine September 30, 2024 2023 nine September 30, 2024 2023 three nine September 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 nine September 30, 2024 not may December 31, 2024
Consolidation, Policy [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, September 30, 2024 19 In late February 2022, October 2023, Sustained conflict and disruption in each region has continued through December 31, 2023 may may may not nine September 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, In November 2024, No. 2024 03, 2024 03 2024 03 not December 15, 2026, December 15, 2027.

Note 2 - Discontinued Operati_2

Note 2 - Discontinued Operations (Tables)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Disposal Groups, Including Discontinued Operations [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2023 2023 Revenue $ 1,414 $ 4,551 Total cost of sales 916 2,516 Gross profit $ 498 $ 2,036 Total operating expenses 835 2,471 Provision for income taxes — — Loss from discontinued operations, net of tax $ (337 ) $ (435 )

Note 3 - Fair Value Measureme_2

Note 3 - Fair Value Measurements (Tables)	9 Months Ended
	Sep. 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 $ 16,083 $ — $ — $ 16,083 Total Assets $ 16,083 $ — $ — $ 16,083 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)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three months ended September 30, 2024 Major Goods/Service Lines Products $ 2,508 Service contracts 1,709 $ 4,217 Timing of Revenue Recognition Goods transferred at a point in time $ 1,230 Services transferred over time 2,987 $ 4,217 Sales Channels Direct sales force 3,190 OEM partners 1,027 $ 4,217 Three months ended September 30, 2023 Major Goods/Service Lines Products $ 2,198 Service contracts 1,875 $ 4,073 Timing of Revenue Recognition Goods transferred at a point in time $ 1,834 Services transferred over time 2,239 $ 4,073 Sales Channels Direct sales force $ 2,825 OEM partners 1,248 $ 4,073 Nine months ended September 30, 2024 Major Goods/Service Lines Products $ 8,864 Service contracts 5,336 $ 14,200 Timing of Revenue Recognition Goods transferred at a point in time $ 5,233 Services transferred over time 8,967 $ 14,200 Sales Channels Direct sales force $ 10,459 OEM partners 3,741 $ 14,200 Nine months ended September 30, 2023 Major Goods/Service Lines Products $ 6,961 Service contracts 5,617 $ 12,578 Timing of Revenue Recognition Goods transferred at a point in time $ 5,779 Services transferred over time 6,799 $ 12,578 Sales Channels Direct sales force $ 8,287 OEM partners 4,291 $ 12,578
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	Balance at Balance at Balance at September 30, 2024 December 31, 2023 December 31, 2022 Receivables, which are included in ‘Trade accounts receivable’ $ 5,415 $ 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” $ 4,498 $ 4,374 $ 4,046
Deferred Revenue, by Arrangement, Disclosure [Table Text Block]	Nine Months Ended September 30, 2024 Balance at beginning of period $ 4,374 Deferral of revenue 5,891 Recognition of deferred revenue (5,767 ) Balance at end of period $ 4,498

Note 5 - Net Loss Per Common _2

Note 5 - Net Loss Per Common Share (Tables)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 2024 2023 2024 2023 Loss from continuing operations $ (1,801 ) $ (1,037 ) $ (4,762 ) $ (6,467 ) Loss from discontinued operations - (337 ) - (435 ) Net loss $ (1,801 ) $ (1,374 ) $ (4,762 ) $ (6,902 ) Shares used in the calculation of basic and diluted net loss per share 26,354,370 25,597,125 26,354,370 25,374,105 Loss per share from continuing operations - basic and diluted $ (0.07 ) $ (0.04 ) $ (0.18 ) $ (0.25 ) Loss per share from discontinued operations - basic and diluted - (0.01 ) - (0.02 ) Net loss per share - basic and diluted $ (0.07 ) $ (0.05 ) $ (0.18 ) $ (0.27 )
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	September 30, 2024 2023 Stock options 3,092,336 3,209,591 Total 3,092,336 3,209,591

Note 6 - Inventories (Tables)

Note 6 - Inventories (Tables)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Schedule of Inventory, Current [Table Text Block]	September 30, 2024 December 31, 2023 Raw materials $ 496 $ 583 Work in process 39 55 Finished goods 232 324 Inventory gross 767 962 Inventory reserve (78 ) (45 ) Inventory net $ 689 $ 917

Note 9 - Lease Commitments (Tab

Note 9 - Lease Commitments (Tables)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Lease, Cost [Table Text Block]	Three Months Ended Nine Months Ended Lease Cost Classification September 30, 2024 September 30, 2024 Operating lease cost - Right of Use Asset Operating expenses $ 63 $ 199 Three Months Nine Months Ended September 30, 2024 Ended September 30, 2024 Cash paid from operating cash flows for operating leases $ 63 $ 199 As of September 30, 2024 Weighted-average remaining lease term of operating leases (years) 2.1 Weighted-average discount rate for operating leases 7.8 %
Financing Lease and Lessee Operating Lease Liability Maturity [Table Text Block]	2024 $ 62 2025 250 2026 131 2027 4 Total lease payments 447 Less: effects of discounting (32 ) Total lease liabilities 415 Less: current portion of lease liabilities 224 Long-term lease liabilities $ 191

Note 10 - Stockholders' Equity

Note 10 - Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 2024 2023 2024 2023 Cost of revenue $ — $ 1 $ 1 $ 3 Engineering and product development 28 56 111 188 Marketing and sales 28 75 133 268 General and administrative 158 171 473 655 $ 214 $ 303 $ 718 $ 1,114
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 2024 2023 2024 2023 Average risk-free interest rate 3.95 % 4.94 % 4.40 % 4.30 % Expected dividend yield None None None None Expected life (average, in years) 2.8 2.5 2.9 2.9 Expected volatility 83.8%-97.7% 84.3% to 134.4% 83.4%-113.9% 72.7% to 134.4% Weighted average exercise price $1.40 $2.70 $1.50 $1.82 Weighted average fair value $0.74 $1.34 $0.84 $0.97
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 613,354 $ 1.50 Exercised — $ — $ — Cancelled (418,681 ) $ 8.54 Outstanding as of September 30, 2024 3,092,336 $ 4.36 $ 180 Options exercisable as of December 31, 2023 1,593,935 $ 8.08 $ 30 Options exercisable as of September 30, 2024 1,882,453 $ 6.02 $ 57

Note 1 - Basis of Presentatio_2

Note 1 - Basis of Presentation and Significant Accounting Policies (Details Textual)	9 Months Ended
	Sep. 30, 2024	Sep. 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		9 Months Ended
	Oct. 22, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 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			$ (835,000)		$ (2,471,000)
Net Cash Provided by (Used in) Discontinued Operations					$ 0.1
Shared Marketing Expense [Member]
Disposal Group, Including Discontinued Operation, Operating Expense		$ 100,000		$ 200,000
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		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Loss from discontinued operations, net of tax	$ 0	$ (337)	$ 0	$ (435)
Disposal Group, Held-for-Sale, Not Discontinued Operations [Member] | Xoft Solutions, LLC [Member]
Revenue		1,414		4,551
Total cost of sales		916		2,516
Gross profit		498		2,036
Total operating expenses		835		2,471
Provision for income taxes		0		0
Loss from discontinued operations, net of tax		$ (337)		$ (435)

Note 3 - Fair Value Measureme_3

Note 3 - Fair Value Measurements (Details Textual) - USD ($) $ in Thousands	Sep. 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	Sep. 30, 2024	Dec. 31, 2023
Fair Value, Inputs, Level 3 [Member]
Assets, fair value	$ 0	$ 0
Fair Value, Recurring [Member]
Assets, fair value	16,083	15,475
Fair Value, Recurring [Member] | Money Market Funds [Member]
Assets, fair value	16,083	15,475
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Assets, fair value	16,083	15,475
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member]
Assets, fair value	16,083	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	9 Months Ended
	Sep. 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) $ in Millions	Sep. 30, 2024 USD ($)
Revenue, Remaining Performance Obligation, Amount	$ 4.5
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-10-01
Revenue, Remaining Performance Obligation, Amount	$ 3.5
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Month)	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-10-01 | 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]: 2024-10-01 | 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		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenue from contracts with customers	$ 4,217	$ 4,073	$ 14,200	$ 12,578
Direct Sales Force [Member]
Revenue from contracts with customers	3,190	2,825	10,459	8,287
OEM Partners [Member]
Revenue from contracts with customers	1,027	1,248	3,741	4,291
Transferred at Point in Time [Member]
Revenue from contracts with customers	1,230	1,834	5,233	5,779
Transferred over Time [Member]
Revenue from contracts with customers	2,987	2,239	8,967	6,799
Product [Member]
Revenue from contracts with customers	2,508	2,198	8,864	6,961
Service Contracts [Member]
Revenue from contracts with customers	$ 1,709	$ 1,875	$ 5,336	$ 5,617

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	Sep. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Receivables, which are included in ‘Trade accounts receivable’	$ 5,415	$ 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”	$ 4,498	$ 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	9 Months Ended
	Sep. 30, 2024 USD ($)
Balance at beginning of period	$ 4,374
Deferral of revenue	5,891
Recognition of deferred revenue	(5,767)
Balance at end of period	$ 4,498

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		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Loss from continuing operations	$ (1,801)	$ (1,037)	$ (4,762)	$ (6,467)
Loss from discontinued operations, net of tax	0	(337)	0	(435)
Net loss and comprehensive loss	$ (1,801)	$ (1,374)	$ (4,762)	$ (6,902)
Basic and diluted (in shares)	26,354,370	25,597,125	26,354,370	25,374,105
Loss from continuing operations, basic and diluted (in dollars per share)	$ (0.07)	$ (0.04)	$ (0.18)	$ (0.25)
Loss from discontinued operations, basic and diluted (in dollars per share)	0	(0.01)	0	(0.02)
Net loss per share (in dollars per share)	$ (0.07)	$ (0.05)	$ (0.18)	$ (0.27)

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	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Antidilutive securities (in shares)	3,092,336	3,209,591
Share-Based Payment Arrangement, Option [Member]
Antidilutive securities (in shares)	3,092,336	3,209,591

Note 6 - Inventory - Schedule o

Note 6 - Inventory - Schedule of Current Inventory (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Raw materials	$ 496	$ 583
Work in process	39	55
Finished goods	232	324
Inventory gross	767	962
Inventory reserve	(78)	(45)
Inventory net	$ 689	$ 917

Note 7 - Goodwill (Details Text

Note 7 - Goodwill (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Goodwill, Impairment Loss	$ 0	$ 0	$ 0	$ 0

Note 9 - Lease Commitments (Det

Note 9 - Lease Commitments (Details Textual)		1 Months Ended	3 Months Ended	9 Months Ended
	Aug. 15, 2024 USD ($)	Jan. 31, 2024 USD ($) ft²	Sep. 30, 2024 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Operating Lease, Impairment Loss			$ 0	$ 0
Operating Lease, Right-of-Use Asset			232,000	232,000		$ 461,000
Sublease Income	$ 8
Impairment, Lessor Asset under Operating Lease				184,000	$ 0
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
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	9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2024 USD ($)
Operating lease cost - Right of Use Asset	$ 63	$ 199
Cash paid from operating cash flows for operating leases	$ 63	$ 199
Weighted-average remaining lease term of operating leases (years) (Year)	2 years 1 month 6 days	2 years 1 month 6 days
Weighted-average discount rate for operating leases	7.80%	7.80%

Note 9 - Lease Commitments - Su

Note 9 - Lease Commitments - Summary of Detained Information of Lease Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
2024	$ 62
2025	250
2026	131
2027	4
Total lease payments	447
Less: effects of discounting	(32)
Total lease liabilities	415
Less: current portion of lease liabilities	224	$ 188
Long-term lease liabilities	$ 191	$ 273

Note 10 - Stockholders' Equit_2

Note 10 - Stockholders' Equity (Details Textual) $ in Thousands	3 Months Ended				9 Months Ended
	Sep. 30, 2024 USD ($) shares	Mar. 31, 2024	Sep. 30, 2023 USD ($) shares	Mar. 31, 2023 USD ($)	Sep. 30, 2024 USD ($) shares	Sep. 30, 2023 USD ($)	Jun. 13, 2024 shares
Share-Based Payment Arrangement, Expense	$ 214		$ 303		$ 718	$ 1,114
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 3 months
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		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Allocated share-based compensation expense	$ 214	$ 303	$ 718	$ 1,114
Cost of Sales [Member]
Allocated share-based compensation expense	0	1	1	3
Engineering and Product Development [Member]
Allocated share-based compensation expense	28	56	111	188
Selling and Marketing Expense [Member]
Allocated share-based compensation expense	28	75	133	268
General and Administrative Expense [Member]
Allocated share-based compensation expense	$ 158	$ 171	$ 473	$ 655

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	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Sep. 30, 2024	Sep. 30, 2023
Average risk-free interest rate	3.95%	4.94%		4.40%	4.30%
Expected dividend yield	0%	0%		0%	0%
Expected life (average, in years) (Year)	2 years 9 months 18 days	2 years 6 months		2 years 10 months 24 days	2 years 10 months 24 days
Granted, weighted average exercise price (in dollars per share)	$ 1.4	$ 2.7	$ 1.5	$ 1.5	$ 1.82
Weighted average fair value (in dollars per share)	$ 0.74	$ 1.34		$ 0.84	$ 0.97
Minimum [Member]
Expected volatility	83.80%	84.30%		83.40%	72.70%
Maximum [Member]
Expected volatility	97.70%	134.40%		113.90%	134.40%

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	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Outstanding, shares (in shares)			2,897,663	2,897,663
Outstanding, weighted average exercise price (in dollars per share)	$ 4.36		$ 5.57	$ 5.57
Outstanding, aggregate intrinsic value			$ 180			$ 252
Granted, shares (in shares)				613,354
Granted, weighted average exercise price (in dollars per share)	$ 1.4	$ 2.7	$ 1.5	$ 1.5	$ 1.82
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)				(418,681)
Cancelled, weighted average exercise price (in dollars per share)			$ 8.54
Outstanding, shares (in shares)	3,092,336			3,092,336
Outstanding, weighted average exercise price (in dollars per share)			4.36
Options Exercisable (in shares)	1,882,453			1,882,453		1,593,935
Options Exercisable, weighted average exercise price (in dollars per share)			$ 6.02			$ 8.08
Options Exercisable, aggregate intrinsic value			$ 57			$ 30

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Tax Expense (Benefit)	$ 6	$ 4	$ 19	$ 13
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	Sep. 30, 2024 USD ($)
Purchase Obligation	$ 1.7
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	Sep. 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		$ 9,000	$ 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) - USD ($)	1 Months Ended	3 Months Ended		9 Months Ended
	Nov. 13, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Aug. 11, 2023
Proceeds from Issuance of Common Stock				$ 0	$ 1,841,000
Non-affiliates [Member]
Investment Owned, Fair Value		$ 22,700		$ 22,700
At-the-market Sales Agreement [Member]
Equity Offering, Maximum Amount						$ 25,000,000
Stock Issued During Period, Shares, New Issues (in shares)	99,566	0	958,248	0
Shares Issued, Price Per Share (in dollars per share)	$ 1.44		$ 2.26		$ 2.26
Proceeds from Issuance of Common Stock	$ 139		$ 1.8