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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 11,812 $ 8,007
Accounts receivable – trade, net of allowances for credit losses of $1,041 and $394 19,680 18,325
Inventories, net of reserves 26,066 43,265
Prepaid expenses and other current assets 12,372 8,785
Total current assets 69,930 78,382
Property and equipment, net of accumulated depreciation 1,940 2,134
Operating lease right of use asset 7,389 8,055
Intangible assets, net of accumulated amortization 19,577 25,944
Other assets 754 790
Total assets 99,590 115,305
Current liabilities:    
Accounts payable and accrued expenses 15,681 24,176
Short-term debt 36,694 37,148
Operating lease liabilities, current 1,811 2,018
Deferred revenues, current 9,346 9,015
Derivative liabilities 286 1
Other short-term liabilities 4,589 4,682
Total current liabilities 68,407 77,040
Deferred revenues, non-current 15,130 15,158
Deferred tax liabilities, net 877 901
Operating lease liabilities, non-current 5,975 6,428
Other long-term liabilities 155 165
Total liabilities 90,544 99,692
Commitments and contingencies (Note 14)
Mezzanine equity:    
Total mezzanine equity 28,509 28,509
Stockholders’ deficit:    
Preferred stock, $0.0001 par value, 50,000,000 shares authorized; 167,972 shares issued and outstanding 0 0
Common stock, $0.0001 par value, 25,000,000 and 3,750,000 shares authorized; 5,512,319 and 1,970,615 Class A shares issued and outstanding, respectively 0 0
Additional paid-in capital 126,210 119,487
Accumulated deficit (146,756) (132,610)
Accumulated other comprehensive income 1,083 227
Total stockholders’ deficit (19,463) (12,896)
Total liabilities and stockholders’ (deficit) equity 99,590 115,305
Preferred Series B    
Mezzanine equity:    
Total mezzanine equity 16,146 16,146
Preferred Series C    
Mezzanine equity:    
Total mezzanine equity $ 12,363 $ 12,363