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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating Activities    
Net income $ 11,246 $ 17,329
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 2,560 264
Equity in loss of unconsolidated affiliate 57 20
Depreciation and amortization 1,825 1,088
Noncash lease expense 606 474
Deferred income taxes (1,022) (410)
Bad debt expense and other non-cash items (29) 99
Accrued interest on certificates of deposit (78) (775)
Change in fair value of long-term receivable (39) (178)
Change in fair value of derivative liabilities 39 178
Change in fair value of warrant liability (2,444) (6,973)
Loss on disposal of property and equipment 2 68
Changes in operating assets and liabilities:    
Notes receivable 3,701 298
Accounts receivable (5,981) (4,111)
Inventories (2,423) (2,021)
Prepaid and other assets 303 (1,783)
Income tax payable (217) (2,231)
Accounts payable 446 (55)
Accrued expenses and other liabilities (1,434) (3,585)
Operating lease liabilities (508) 1,421
Net proceeds from CVR liability settlement 25  
Net cash provided by (used in) operating activities 6,635 (883)
Investing Activities    
Purchase of short-term investments (564)  
Acquisition of intangible assets (737) (3)
Purchase of certificates of deposit (11,184) (14,074)
Purchase of property and equipment (1,046) (2,380)
Proceeds from the sale of equipment 19 263
Cash paid for equity method investment   (1,686)
Maturity of certificates of deposit 11,190  
Net cash used in investing activities (2,322) (17,880)
Financing Activities    
Offering costs paid (1,487) (169)
Proceeds from the exercise of stock options 2,038 1,307
Net cash provided by financing activities 24,060 1,138
Effect of exchange rate changes on cash and cash equivalents 216 (18)
Net increase (decrease) in cash and cash equivalents 28,589 (17,643)
Cash and cash equivalents at the beginning of the period 11,813 33,509
Cash and cash equivalents at the end of the period 40,402 15,866
Supplemental Disclosure of Non-Cash Financing and Investing Activities:    
Convertible preferred stock conversion 0 64,525
Right-of-use asset obtained in exchange for operating lease liabilities 62 0
Supplemental Disclosure of Cash Flow Information:    
Cash paid for income taxes 4,493 $ 7,757
Public Offering    
Financing Activities    
Proceeds from the issuance of common stock 23,000  
ATM program    
Financing Activities    
Proceeds from the issuance of common stock $ 509