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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 22,822 $ 33,038
Available-for-sale securities, current portion 58,174 55,889
Accounts receivable, trade, net of allowance for credit losses of $27 and $22 as of March 31, 2026 and December 31, 2025, respectively 13,057 7,953
Inventories 32,834 30,155
Prepaid expenses and other current assets 6,335 9,526
Total current assets 133,222 136,561
Property and equipment, net 14,504 14,713
Operating lease right-of-use assets, net 7,113 7,466
Other assets 3,049 3,050
Available-for-sale securities, long-term 30,499 31,250
Intangible assets, net 3,932 4,257
Goodwill 208,587 208,587
Total assets 400,906 405,884
Current liabilities:    
Accounts payable 3,750 1,486
Accrued expenses and other current liabilities 7,575 11,974
Sales taxes payable 2,113 2,279
Lease liabilities, operating, current portion 2,316 2,243
Debt, current portion 2,499 4,997
Total current liabilities 18,253 22,979
Lease liabilities, operating, long-term 10,042 10,657
Deferred tax liabilities 198 189
Other long-term liabilities 183 171
Total liabilities 28,676 33,996
Commitments and contingencies (Note 11)
Shareholders’ equity:    
Preferred stock, $0.001 par value; 1,000,000 shares authorized, Series A, 4,250 shares designated, and 0 shares issued and outstanding as of March 31, 2026 and December 31, 2025 0 0
Common stock, $0.001 par value; 150,000,000 shares authorized, 48,825,291 and 48,198,928 shares issued and outstanding, respectively, as of March 31, 2026 and December 31, 2025 49 48
Additional paid-in capital 710,811 711,404
Accumulated other comprehensive (loss) income, net of tax (120) 132
Accumulated deficit (338,510) (339,696)
Total shareholders’ equity 372,230 371,888
Total liabilities and shareholders’ equity $ 400,906 $ 405,884