|
Cash and cash equivalents
|
|
$52.6m
|
—
|
—
|
—
|
$66.4m
|
$40.0m
|
$90.3m
|
$75.6m
|
|
Accounts receivable, net of allowance for credit losses of $6,835 and $3,088 at December 31, 2025 and 2024, respectively
|
|
$17.6m
|
$22.8m
|
$19.1m
|
$24.4m
|
$35.4m
|
$46.9m
|
$65.0m
|
$77.5m
|
|
Inventory, net
|
|
$24.8m
|
$28.7m
|
$23.2m
|
$28.4m
|
$36.6m
|
$79.5m
|
$78.8m
|
$85.6m
|
|
Prepaid expenses and other current assets
|
|
$4.3m
|
$6.8m
|
$5.4m
|
$7.0m
|
$11.5m
|
$8.5m
|
$8.9m
|
$11.3m
|
|
Total current assets
|
|
$99.4m
|
$95.8m
|
$132.3m
|
$113.3m
|
$149.9m
|
$174.9m
|
$243.0m
|
$249.9m
|
|
Property and equipment, net
|
|
$12.9m
|
$16.4m
|
$16.2m
|
$18.7m
|
$51.1m
|
$77.2m
|
$78.0m
|
$75.6m
|
|
Goodwill
|
|
$465k
|
$465k
|
$465k
|
$465k
|
$465k
|
$465k
|
$1.2m
|
$1.2m
|
|
Intangible assets, net of accumulated amortization
|
|
$3.4m
|
$3.4m
|
$4.1m
|
$4.4m
|
$4.6m
|
$8.0m
|
$11.7m
|
$9.9m
|
|
Right-of-use operating lease assets, net
|
|
—
|
—
|
$2.6m
|
$2.2m
|
$3.7m
|
$3.4m
|
$5.6m
|
$4.3m
|
|
Other non-current assets
|
|
$315k
|
$368k
|
$664k
|
$558k
|
$1.3m
|
$4.7m
|
$7.3m
|
$16.1m
|
|
Other liabilities, short-term
|
|
$4.1m
|
$2.2m
|
$1.6m
|
$1.2m
|
$1.7m
|
$1.8m
|
$7.0m
|
$20.2m
|
|
Note payable, Oaktree, net of debt discount and issuance costs
|
|
—
|
—
|
—
|
$0
|
$175.5m
|
$188.7m
|
$219.6m
|
$247.5m
|
|
Operating lease liabilities, non-current
|
|
—
|
—
|
$1.9m
|
$1.9m
|
$3.2m
|
$2.7m
|
$4.2m
|
$2.8m
|
|
Other liabilities, long-term
|
|
$3.6m
|
$2.5m
|
$2.3m
|
$2.4m
|
$1.6m
|
$1.6m
|
$1.7m
|
$1.1m
|
|
Common shares – zero par value, unlimited amount of shares authorized at December 31, 2025 and 2024; 29,713,024 and 29,195,439 shares issued at December 31, 2025 and 2024, respectively; 29,304,954 and 28,787,369 shares outstanding at December 31, 2025 and 2024, respectively
|
|
145.7m
|
147.7m
|
213.5m
|
219.7m
|
223.6m
|
315.6m
|
420.4m
|
433.4m
|
|
Treasury shares, at cost, 408,070 shares held at December 31, 2025 and 2024
|
|
—
|
—
|
—
|
($2.9m)
|
($2.9m)
|
($2.9m)
|
($2.9m)
|
($2.9m)
|
|
Total shareholders’ equity
|
|
$69.5m
|
$39.6m
|
$75.0m
|
$50.7m
|
($8.2m)
|
$18.4m
|
$53.1m
|
$23.5m
|
|
Total assets
|
|
$116.6m
|
$116.5m
|
$156.4m
|
$139.5m
|
$211.1m
|
$268.6m
|
$346.8m
|
$357.2m
|
|
Accounts payable
|
|
$6.2m
|
$10.4m
|
$9.7m
|
$14.5m
|
$20.0m
|
$41.6m
|
$44.8m
|
$43.1m
|
|
Accrued liabilities
|
|
$6.1m
|
$10.7m
|
$14.5m
|
$16.2m
|
$17.2m
|
$13.7m
|
$16.5m
|
$18.9m
|
|
Total current liabilities
|
|
$16.4m
|
$23.2m
|
$25.9m
|
$31.9m
|
$39.0m
|
$57.1m
|
$68.3m
|
$82.1m
|
|
Total liabilities
|
|
$47.1m
|
$76.9m
|
$81.4m
|
$88.8m
|
$219.2m
|
$250.2m
|
$293.7m
|
$333.6m
|
|
Additional paid-in-capital
|
|
$15.2m
|
$21.2m
|
$26.7m
|
$36.6m
|
$49.9m
|
$63.7m
|
$77.0m
|
$87.6m
|
|
Accumulated deficit
|
|
($89.0m)
|
($127.1m)
|
($165.2m)
|
($206.4m)
|
($281.6m)
|
($360.1m)
|
($444.7m)
|
($495.8m)
|
|
Accumulated other comprehensive income
|
|
$449k
|
$691k
|
$2.9m
|
$3.7m
|
$2.7m
|
$2.0m
|
$3.3m
|
$1.2m
|
|
Total liabilities and shareholders’ equity
|
|
$116.6m
|
$116.5m
|
$156.4m
|
$139.5m
|
$211.1m
|
$268.6m
|
$346.8m
|
$357.2m
|