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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 10,493 $ 17,253
Accounts receivable – trade, net of allowances for credit losses of 352 and 421 25,387 29,523
Inventories, net of reserves 42,320 44,131
Prepaid expenses and other current assets 9,157 9,471
Total current assets 87,357 100,378
Property and equipment, net of accumulated depreciation 2,317 2,477
Operating lease right of use asset 8,575 8,846
Intangible assets, net of accumulated amortization 41,702 45,964
Other assets 1,444 906
Total assets 141,395 158,571
Current liabilities:    
Accounts payable and accrued expenses 26,050 32,899
Short-term debt 1,682 1,037
Operating lease liabilities, current 2,335 1,827
Deferred revenues, current 9,459 8,698
Derivative liabilities 3 205
Other short-term liabilities 2,000 1,566
Total current liabilities 41,529 46,232
Deferred revenues, non-current 16,366 16,347
Long-term debt 37,111 39,134
Deferred tax liabilities, net 4,299 4,316
Operating lease liabilities, non-current 7,039 7,282
Total liabilities 106,344 113,311
Commitments and contingencies (Note 14)
Mezzanine equity:    
Total mezzanine equity 28,509 28,509
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 50,000,000 shares authorized; 167,972 and 167,972 shares issued and outstanding, respectively 0 0
Common stock, $0.0001 par value, 18,750,000 shares authorized; 9,842,315 and 9,704,496 Class A shares issued and outstanding, respectively 1 1
Additional paid-in capital 119,731 119,724
Accumulated deficit (115,903) (104,275)
Accumulated other comprehensive income 2,713 1,301
Total stockholders’ equity 6,542 16,751
Total liabilities and stockholders’ equity 141,395 158,571
Preferred stock Series B    
Mezzanine equity:    
Total mezzanine equity 16,146 16,146
Preferred stock Series C    
Mezzanine equity:    
Total mezzanine equity $ 12,363 $ 12,363