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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 6,596 $ 5,715
Restricted cash 490 208
Trade accounts receivable, net of allowance for credit losses and doubtful accounts of $1,038 and $920, respectively 20,545 20,731
Inventories 41,886 36,885
Prepaid and other current assets 1,893 1,330
Total current assets 71,410 64,869
Property and equipment, net 10,284 8,692
Right-of-use asset, net 995 1,523
Goodwill 7,302 7,302
Intangible assets, net 8,788 10,085
Other assets 103 141
Total Assets 98,882 92,612
Current Liabilities:    
Accounts payable 8,298 7,054
Accrued liabilities 8,871 10,419
Current portion of lease liability 795 830
Current portion of finance lease obligations 68 65
Line of credit 12,887 4,622
Current portion of long-term debt 2,750
Total current liabilities 33,669 22,990
Long-term Liabilities:    
Lease liability, less current portion 247 759
Finance lease obligation, less current portion 65 116
Long-term debt, plus premium and less issuance costs 19,138 17,167
Other liabilities 38 231
Total Liabilities 53,157 41,263
Commitments and Contingencies (note 14)
Stockholders’ Equity:    
Preferred stock, $0.000001 par value; 10,000,000 shares authorized; no shares issued and outstanding
Common stock, $0.000001 par value; 300,000,000 shares authorized; 138,680,874 shares issued and outstanding as of September 30, 2024 and 130,180,031 shares issued and outstanding as of December 31, 2023
Additional paid-in capital 301,966 294,330
Accumulated other comprehensive loss (income) 54 29
Accumulated deficit (256,295) (243,010)
Total Stockholders’ Equity 45,725 51,349
Total Liabilities & Stockholders’ Equity $ 98,882 $ 92,612