INCOME TAXES (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Income Tax Disclosure [Abstract] |
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| Schedule of Loss Before Provision for Income Taxes |
Loss before provision for income taxes for the year ended December 31, 2025 and 2024 consists of the following: | | | | | | | | | | | |
| Year Ended December 31, |
| 2025 | | 2024 | U.S. loss | $ | (29,809) | | $ | (29,807) | Foreign income (loss) | — | | — | Total current | $ | (29,809) | | $ | (29,807) |
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| Schedule of Major Components of Income Tax Expense (Benefit) |
The major components of income tax expense attributable to loss from operations consists of: | | | | | | | | | | | |
| Year Ended December 31, |
| 2025 | | 2024 | Current: | | | | Federal | $ | — | | $ | — | State | (30) | | (49) | Foreign | — | | — | Total current | $ | (30) | | $ | (49) | | | | | Deferred: |
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| Federal | 95 | | 9 | State | 3 | | 1 | Foreign | — | | — | Total deferred | 98 | | 10 | | | | | Total income tax (expense) benefit | $ | 68 | | $ | (39) |
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| Schedule of Effective Tax Rate Reconciliation |
The following table reconciles the income tax provision with the amount calculated using the 21.0% U.S. federal statutory rate applied to pretax income, reflecting the adoption of ASU 2023-09: | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | 2025 | | 2024 | U.S. federal statutory tax expense | $ | (6,260) | 21.0 | % | | $ | (6,259) | 21.0 | % | State taxes, net of federal benefit | (785) | 2.6 | % | | (1,288) | 4.3 | % | Share based compensation | 205 | (0.7) | % | | 323 | (1.1) | % | Change in fair value of financial instruments and other | 1,106 | (3.7) | % | | (171) | 0.6 | % | Disallowed convertible debt expense | 1,516 | (5.1) | % | | 214 | (0.7) | % | Change in valuation allowance(1) | 4,583 | (15.4) | % | | 6,525 | (21.9) | % | R&D credit | (242) | 0.8 | % | | (53) | 0.2 | % | Rate change | 93 | (0.3) | % | | 47 | (0.2) | % | Other, net | (284) | 1.0 | % | | 701 | (2.4) | % | Income tax (benefit) expense | $ | (68) | 0.2% | | $ | 39 | (0.1)% |
(1)During the year ended December 31, 2025 and 2024, the Company maintained a full valuation allowance on its deferred tax assets.
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| Schedule of Components of Deferred Tax Assets and Liabilities |
The components of deferred tax assets and liabilities are as follows: | | | | | | | | | | | |
| December 31, |
| 2025 | | 2024 | Deferred tax assets: | | | | Net operating loss and other carryforwards | $ | 82,392 | | $ | 77,922 | | | | | Inventory provision and UNICAP 263A | 450 | | 553 | Lease liability | 3,529 | | 4,021 | Section 174 capitalized costs | 3,191 | | 3,020 | Share-based compensation | 558 | | 685 | Other | 1,491 | | 1,601 | Total deferred tax assets | $ | 91,611 | | | $ | 87,802 | | Valuation allowance | (86,752) | | | (82,169) | | Total deferred tax assets, net | $ | 4,859 | | $ | 5,633 |
| | | | Deferred tax liabilities: | | | | Right of use assets | (2,930) | | (3,296) | Investment in unconsolidated entity | (2,282) | | (2,765) | Other | (77) | | (101) | Total deferred tax liabilities | $ | (5,289) | | $ | (6,162) |
| | | | Net deferred taxes | $ | (430) | | $ | (529) |
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| Schedule of Net Income Tax Payments |
Net income tax payments after the prospective adoption of ASU 2023-09, as described in Note 2, consisted of the following: | | | | | | | | | | | |
| Year Ended December 31, |
| 2025 | | 2024 | Federal | $ | — | | $ | — | | | | | State | | | | California | 2 | | 2 | Massachusetts | 8 | | 4 | Texas | 13 | | 8 | North Carolina | — | | 7 | South Carolina | 5 | | 2 | Other | — | | 3 | Subtotal | 28 | | 26 | | | | | Foreign | $ | — | | $ | — | Total | $ | 28 | | $ | 26 |
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| Schedule of Reconciliation of Uncertain Tax Positions |
A reconciliation of the beginning and ending amount of uncertain tax positions as of December 31, 2025 and 2024 is as follows: | | | | | | Balance at December 31, 2024 | $ | 240 | | Additions for current year tax positions | 24 | | Additions for prior year tax positions | 7 | | Reductions for prior year tax positions | — | | Reductions as a result of settlement with tax authority | — | | Balance at December 31, 2025 | $ | 271 | |
| | | | | | Balance at December 31, 2023 | $ | 279 | | Additions for current year tax positions | 5 | | Additions for prior year tax positions | — | | Reductions for prior year tax positions | (44) | | Reductions as a result of settlement with tax authority | — | | Balance at December 31, 2024 | $ | 240 | |
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