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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 24,886 $ 39,596
Accounts receivable, net of allowance for expected credit losses of $159 and $123, respectively 25,086 13,803
Inventories 7,726 13,575
Prepaid expenses and other 6,389 5,926
Total current assets 64,087 72,900
Property, plant and equipment, net of accumulated depreciation of $26,063 and $28,897, respectively 1,087 1,102
Intangible assets, net of accumulated amortization of $32,336 and $33,558, respectively 20,676 18,747
Goodwill 3,949 3,949
Operating lease right-of-use assets 3,451 2,855
Other assets 557 446
Total assets 93,807 99,999
Current liabilities:    
Accounts payable 23,583 18,433
Accrued expenses and other current liabilities 24,856 30,133
2025 Convertible Notes, net 0 14,905
Total current liabilities 48,439 63,471
Long-term liabilities:    
Operating lease liabilities 2,910 2,627
Deferred tax liabilities, net 186 174
2029 Senior Secured Notes, net 41,611 41,830
Other long-term liabilities 4,705 4,755
Total liabilities 97,851 112,857
Commitments and Contingencies (Note 11.)
Preferred stock, par value $0.001; 2,000,000 shares authorized:    
Series E Preferred stock, par value $0.001; 39,500 shares designated, 25,000 shares issued and outstanding as of December 31, 2025 and December 31, 2024, aggregate liquidation preference of $41,966 as of December 31, 2025 0 0
Common stock, par value $0.001; 150,000,000 shares authorized, 15,388,978 and 14,990,712 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively 15 15
Additional paid-in capital 903,899 892,534
Accumulated other comprehensive loss 403 218
Accumulated deficit (908,361) (905,625)
Total stockholders’ deficit (4,044) (12,858)
Total liabilities and stockholders’ deficit $ 93,807 $ 99,999