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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 7,261 $ 6,784
Restricted cash 1,334 1,334
Accounts receivable, net of allowance for credit losses of $433 and $222 at December 31, 2024 and 2023, respectively 5,253 4,440
Inventories 2,246 2,673
Prepaid expenses and other current assets 501 312
Total current assets 16,595 15,543
Property and equipment, net 10,061 11,778
Operating lease right-of-use assets 1,264 626
Intangible assets, net 5,348 7,319
Goodwill 2,658 6,519
Other assets 231 231
Total assets 36,157 42,016
Current liabilities:    
Accounts payable 2,433 3,343
Accrued expenses and other current liabilities 8,593 6,306
Deferred revenues 2,241 2,120
Current portion of operating lease liabilities 328 352
Current portion of contingent consideration 1,030 53
Total current liabilities 14,625 12,174
Long-term debt, net 15,192 15,044
Deferred revenues and other liabilities 353 552
Deferred tax liability 0 186
Operating lease liabilities, net of current portion 919 237
Contingent consideration, net of current portion 96 1,135
Total liabilities 31,185 29,328
Commitments and contingencies (Note 10)
Stockholders' equity:    
Series C convertible preferred stock, $0.10 par value; 10,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.001 par value; 150,000,000 shares authorized; 4,171,161 and 3,506,025 shares issued and outstanding at December 31, 2024 and 2023, respectively 4 4
Additional paid-in capital 253,112 250,742
Accumulated deficit (248,144) (238,058)
Total stockholders' equity 4,972 12,688
Total liabilities and stockholders' equity $ 36,157 $ 42,016