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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 20,284 $ 21,670
Trade accounts receivable, net of allowance for credit losses of $298 and $277 as of March 31, 2024 and December 31, 2023, respectively 6,515 6,392
Inventory, net 750 917
Prepaid expenses and other current assets 1,495 699
Total current assets 29,044 29,678
Property and equipment, net of accumulated depreciation of $1,136 and $1,045 as of March 31, 2024 and December 31, 2023, respectively 1,938 1,823
Operating lease assets 522 461
Other assets 299 849
Intangible assets, net of accumulated amortization of $8,500 and $8,488 as of March 31, 2024 and December 31, 2023, respectively 136 148
Goodwill 8,362 8,362
Deferred tax assets 94 97
Total assets 40,395 41,418
Current liabilities:    
Accounts payable 635 712
Accrued and other expenses 1,755 2,448
Less: current portion of lease liabilities 216 188
Deferred revenue—current portion 3,554 3,400
Total current liabilities 6,160 6,748
Long-term lease liabilities 306 273
Deferred revenue, net of current 1,462 974
Deferred tax 7 6
Total liabilities 7,935 8,001
Commitments and Contingencies (Notes 9 and 12)
Stockholders’ equity:    
Preferred stock, $0.01 par value: authorized 1,000,000 shares; none issued. 0 0
Common stock, $0.01 par value: authorized 60,000,000 shares; issued 26,540,030 as of both March 31, 2024 and December 31, 2023, respectively; outstanding 26,354,199 as of both March 31, 2024 and December 31, 2023, respectively. 265 265
Additional paid-in capital 306,515 306,250
Accumulated deficit (272,905) (271,683)
Treasury stock at cost, 185,831 shares as of both March 31, 2024 and December 31, 2023 (1,415) (1,415)
Total stockholders’ equity 32,460 33,417
Total liabilities and stockholders’ equity $ 40,395 $ 41,418