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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 10,991 $ 26,111
Accounts receivable, net 14,304 14,756
Inventories 44,164 50,633
Prepaid expenses and other current assets 3,581 3,712
Total current assets 73,040 95,212
Property, plant and equipment, net 36,246 37,545
Operating lease right-of-use assets 41,852 42,869
Intangible assets, net 237,129 249,002
Other assets 1,608 1,476
Total assets 389,875 426,104
Current liabilities:    
Accounts payable 12,700 12,279
Accrued expenses and other current liabilities 8,473 10,647
Deferred revenue 2,097 2,611
Current portion of operating lease liabilities 7,714 7,731
Current portion of finance lease liabilities 466 459
Current portion of long-term debt 29 1,260
Total current liabilities 31,479 34,987
Long-term operating lease liabilities 36,664 37,553
Long-term finance lease liabilities 7,606 7,830
Long-term debt 111,559 114,693
Deferred tax liabilities 2,952 3,047
Other long-term liabilities 4,606 4,272
Total liabilities 194,866 202,382
Commitments and contingencies (Note 14)
Stockholders’ equity    
Common stock ($0.0001 par value; 300,000,000 shares authorized; 4,659,020 and 4,614,279 shares issued and outstanding at June 30, 2025, and December 31, 2024, respectively) 0 0
Additional paid-in capital 790,825 790,094
Accumulated other comprehensive loss (7,109) (8,911)
Accumulated deficit (588,707) (557,461)
Total stockholders’ equity 195,009 223,722
Total liabilities and stockholders’ equity $ 389,875 $ 426,104