XML 20 R6.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Cash flows from (used in) operating activities          
Net loss $ (2,585) $ (3,041) $ (4,157) $ (3,852)  
Adjustments to reconcile net loss to net cash from operating activities:          
Stock-based compensation     3,296 1,661  
Depreciation and amortization     2,018 513  
Inventory step-up     2,349 0  
Non-cash lease expense     30 36  
Debt discount amortization and non-cash interest expenses     342 48  
Changes in operating assets and liabilities:          
Accounts receivable     (9,092) (1,462)  
Inventories     (10,909) (1,157)  
Prepaid expenses and other assets     672 330  
Accounts payable     7,970 284  
Accrued Medicaid rebates     9,359 3,514  
Accrued liabilities     (1,201) (1,133)  
Other non-current assets and liabilities     9,372 0  
Net cash from (used in) operating activities     10,049 (1,218)  
Cash flows from (used in) investing activities          
Purchases of product license rights     0 (1,868)  
Purchases of property and equipment     0 (14)  
Net cash from (used in) investing activities     0 (1,882)  
Cash flows from (used in) financing activities          
Repayment of long-term debt     0 (770)  
Proceeds from employee stock purchase plan and stock option exercises     394 176  
Net cash from (used in) financing activities     394 (594)  
Change in cash and cash equivalents     10,443 (3,694)  
Cash and cash equivalents at beginning of period     14,936 21,388 $ 21,388
Cash and cash equivalents at end of period $ 25,379 $ 17,694 25,379 17,694 $ 14,936
Supplemental disclosures of cash flow information          
Cash paid for interest     852 362  
Cash paid for income taxes     $ 89 $ 0