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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 129,339 $ 135,646
Restricted cash 300 300
Accounts receivable, net of allowances of $660 and $655 as of June 30, 2025 and December 31, 2024, respectively 3,466 4,214
Inventories 6,133 7,475
Prepaid expenses and other current assets 4,874 5,210
Total current assets 144,112 152,845
Property and equipment, net 7,526 7,694
Operating lease right-of-use assets 1,395 2,000
Other assets 843 686
Total assets 153,876 163,225
Current liabilities:    
Accounts payable 1,809 2,746
Operating lease liabilities 895 852
Accrued compensation and related benefits 792 862
Accrued income taxes payable 1,223 1,173
Other accrued expenses and liabilities 1,923 2,327
Total current liabilities 6,642 7,960
Long-term operating lease liabilities 790 1,167
Other long-term liabilities 29 29
Total liabilities 7,461 9,156
Commitments and contingencies (see Note 14)
Stockholders' equity:    
Common stock, $0.001 par value: 50,000 shares authorized; 26,307 and 25,974 shares issued and 23,658 and 23,431 shares outstanding as of June 30, 2025 and December 31, 2024, respectively 26 26
Additional paid-in capital 511,185 509,482
Treasury stock, 2,649 and 2,543 shares as of June 30, 2025 and December 31, 2024, respectively (16,844) (16,490)
Accumulated deficit (350,881) (340,050)
Accumulated other comprehensive income 2,924 1,096
Total stockholders' equity 146,415 154,069
Total liabilities and stockholders' equity 153,876 163,225
Series B Convertible Preferred Stock    
Stockholders' equity:    
Series B convertible preferred stock, $0.001 par value: 5,000 shares authorized; 5,000 shares issued and outstanding as of June 30, 2025 and December 31, 2024 $ 5 $ 5