XML 33 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 18,459 $ 59,677
Restricted cash 1,000  
Accounts receivable, net of allowance of credit losses of $1,930 and $795 as of December 31, 2024 and 2023, respectively 23,355 15,782
Inventory 4,248 8,093
Current portion of net investments in sales-type leases 206 905
Current portion of prepaid commission expense 3,078 2,514
Current portion of notes receivable 930 2,056
Prepaid expenses and other current assets 6,846 4,766
Total current assets 58,122 93,793
Property and equipment, net 6,242 2,009
Goodwill 18,634  
Intangible assets, net 19,606  
Operating lease right-of-use assets 27,093 2,773
Net investments in sales-type leases 86 661
Prepaid commission expense 8,902 8,370
Long-term notes receivable 295 3,795
Other assets 1,923 4,430
Total assets 140,903 115,831
Current liabilities:    
Accounts payable 11,077 4,752
Accrued expenses 12,818 12,595
Deferred revenue 974 1,620
Deferred and contingent consideration 1,000  
Other payables 605  
Current portion of operating lease liabilities 4,791 845
Total current liabilities 31,265 19,812
Long-term debt, net 55,151 59,283
Deferred revenue 2 200
Operating lease liabilities 22,686 2,346
Total liabilities 109,104 81,641
Commitments and contingencies (Note 20)
Stockholders' equity:    
Preferred stock, $0.01 par value: 10,000 shares authorized; no shares issued or outstanding on December 31, 2024 and December 31, 2023
Common stock, $0.01 par value: 250,000 shares authorized; 55,679 and 29,092 shares issued and outstanding on December 31, 2024 and December 31, 2023, respectively 557 291
Additional paid-in capital 446,938 409,980
Accumulated deficit (419,789) (376,081)
Total Stockholder's equity 27,706 34,190
Non-controlling interest 4,093  
Total equity 31,799 34,190
Total liabilities and Stockholders' equity $ 140,903 $ 115,831