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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 15,368 $ 17,011
Restricted cash, current 1,209 476
Investments in equity securities 2,721 0
Accounts receivable, less allowance for expected credit losses of $346 and $391, respectively 36,239 20,093
Inventories, net 7,746 0
Prepaid and other 4,562 2,560
Total current assets 67,845 40,140
Property and equipment, net of accumulated depreciation of $5,678 and $1,668, respectively 18,374 242
Operating lease right-of-use assets 9,953 1,024
Goodwill 5,969 5,703
Intangible assets, net of accumulated amortization of $4,618 and $3,897, respectively 1,871 2,491
Long-term investments 953 0
Notes receivable, net of current portion 6,787 0
Deferred tax assets, net 3,406 2,648
Restricted cash, non-current 1,949 180
Other assets 33 155
Total assets 117,140 52,583
Current liabilities:    
Accounts payable 5,515 1,789
Accrued salaries, commissions, and benefits 7,569 4,306
Accrued expenses and other current liabilities 9,306 4,375
Short-term debt 6,431 0
Deferred revenue 3,425 129
Operating lease obligations, current 564 623
Total current liabilities 32,810 11,222
Income tax payable 97 93
Operating lease obligations 9,473 441
Long-term debt, net of current portion 6,522 0
Other liabilities 467 399
Total liabilities 49,369 12,155
Commitments and contingencies
Stockholders’ equity:    
Series A Preferred stock, $0.001 par value; 10,000 shares authorized: 2,691 and 0 shares issued and outstanding, respectively 3 0
Common stock, $0.001 par value, 20,000 shares authorized; 5,026 and 4,033 shares issued; 3,436 and 2,750 shares outstanding, respectively 5 4
Additional paid-in capital 527,311 494,209
Accumulated deficit (434,225) (430,017)
Accumulated other comprehensive loss, net of applicable tax (1,397) (2,717)
Treasury stock, 1,590 and 1,283 shares, respectively, at cost (23,926) (21,051)
Total stockholders’ equity 67,771 40,428
Total liabilities and stockholders’ equity $ 117,140 $ 52,583