v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 7,912 $ 7,261
Restricted cash 0 1,334
Accounts receivable, net of allowance for credit losses of $551 and $433 at December 31, 2025 and 2024, respectively 4,121 5,253
Inventories 2,814 2,246
Prepaid expenses and other current assets 753 501
Total current assets 15,600 16,595
Property and equipment, net 8,964 10,061
Operating lease right-of-use assets 920 1,264
Intangible assets, net 3,377 5,348
Goodwill 1,429 1,429
Other assets 231 231
Total assets 30,521 34,928
Current liabilities:    
Current portion of long-term debt 15,349 0
Accounts payable 2,758 2,433
Accrued expenses and other current liabilities 6,155 7,364
Deferred revenues 2,248 2,241
Current portion of operating lease liabilities 231 328
Current portion of contingent consideration 0 1,030
Total current liabilities 26,741 13,396
Long-term debt, net 0 15,192
Deferred revenues and other liabilities 184 353
Operating lease liabilities, net of current portion 688 919
Contingent consideration, net of current portion 0 96
Total liabilities 27,613 29,956
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Series C convertible preferred stock, $0.10 par value; 10,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.001 par value; 150,000,000 shares authorized; 5,888,199 and 4,171,161 shares issued and outstanding at December 31, 2025 and 2024, respectively 6 4
Additional paid-in capital 257,307 253,112
Accumulated deficit (254,405) (248,144)
Total stockholders’ equity 2,908 4,972
Total liabilities and stockholders’ equity $ 30,521 $ 34,928