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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating activities    
Net income (loss) $ 8,359 $ (2,230)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Allowance for credit losses 122 0
Inventory allowance 367 591
Amortization of deferred finance costs and other assets 75 150
Deferred tax benefit (2,672) 0
Depreciation and amortization 1,692 1,635
Loss on investments 91 740
(Gain) on sale of equipment (2) 0
Changes in operating assets and liabilities:    
Trade accounts receivable 431 2,714
Inventories 5,949 (2,437)
Prepaid expenses and other current assets (2,989) (314)
Capitalized product development cost (1,321) 0
Other assets 12 (279)
Operating lease ROU assets and lease liabilities (68) (54)
Accounts payable (3,495) (3,077)
Accrued compensation and related taxes 987 159
Accrued warranty expense 286 131
Deferred revenue 1,309 2,921
Accrued other expenses and other current liabilities 1,531 (338)
Net cash provided by operating activities 11,444 1,655
Investing activities    
Purchases of property, plant and equipment (1,235) (2,117)
Net cash used in investing activities (1,235) (2,117)
Financing activities    
Proceeds from issuance of common stock options 32 1,063
Proceeds from issuance of common stock warrants 0 1,000
Proceeds from credit facility and notes payable 46,359 74,908
Repayment of credit facility and notes payable (52,981) (74,971)
Net cash (used in) provided by financing activities (6,590) 2,000
Net change in cash and cash equivalents 3,619 1,538
Cash and cash equivalents, beginning of year 3,456 1,918
Cash and cash equivalents, end of year 7,075 3,456
Supplemental disclosure    
Interest paid 357 660
Non-cash financing activity    
Common stock issued under restricted stock units 376 890
Cashless exercise of stock options and related conversion of net shares to stockholders’ equity 30 4
Share-Based Payment Arrangement, Option [Member]    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Share-based compensation expense -stock options 286 200
Restricted Stock Units (RSUs) [Member]    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Share-based compensation expense -stock options $ 494 $ 1,143