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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 18,544 $ 17,835
Current marketable securities 2,809 3,480
Patent cross license receivable 0 4,000
Receivables, net of allowance of $326 2,794 3,279
Inventories, net 11,434 10,625
Income tax receivable 27 36
Prepaid expenses and other assets 4,001 4,062
Total current assets 39,609 43,317
Long-term marketable securities 1,278 916
Long-term inventories, net 4,161 3,143
Property and equipment, net 542 530
Operating lease - right of use assets, net 898 990
Intangibles, net 1,615 1,689
Other assets 108 109
Total assets 48,211 50,694
Current liabilities:    
Accounts payable 1,733 1,945
Dividends payable 14,496 0
Accrued liabilities 1,959 2,290
Deferred product revenue 26 30
Total current liabilities 18,214 4,265
Operating lease liability, net of current 574 665
Other long-term liabilities 1,079 1,079
Total liabilities 19,867 6,009
Shareholders' equity:    
Common stock, par value $0.001, 50,000,000 shares authorized, 23,969,148 and 23,969,148 shares issued and outstanding, respectively 24 24
Additional paid-in capital 31,584 46,047
Accumulated other comprehensive loss (290) (310)
Accumulated deficit (2,974) (1,076)
Total shareholders' equity 28,344 44,685
Total liabilities and shareholders' equity $ 48,211 $ 50,694