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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 8,035 $ 22,618
Accounts receivable, net 811 1,263
Inventories, net 18,022 18,907
Prepaid expenses and other current assets 3,491 4,194
Total current assets 30,359 46,982
Property and equipment, net 22,679 26,337
License and media rights 0 13,691
Operating lease right-of-use assets, net 11,297 12,876
Investment in unconsolidated entity 8,800 10,800
Intangible assets, net 785 1,049
Derivative and other long-term assets 1,353 1,707
Total assets 75,273 113,442
Current liabilities:    
Accounts payable 2,186 3,426
Accrued and other current liabilities 5,053 5,246
Lease obligations – current 1,420 2,055
License and media rights payable - current 0 5,209
Total current liabilities 8,659 15,936
Convertible debenture 50,849 43,631
Lease obligations 12,186 13,652
License and media rights payable 0 11,809
Derivative and other long-term liabilities 5,618 1,327
Total liabilities 77,312 86,355
Commitments and contingencies (Note 9)
Shareholders’ equity (deficit):    
Common shares, nil par value; unlimited shares authorized; 159,420,141 and 158,009,541 shares issued and outstanding as of December 31, 2025 and 2024, respectively 1 1
Additional paid-in capital 329,270 328,655
Accumulated deficit (331,310) (301,569)
Total shareholders’ equity (deficit) (2,039) 27,087
Total liabilities and shareholders’ equity (deficit) $ 75,273 $ 113,442