|
Cash and cash equivalents
|
|
$104.6m
|
$75.7m
|
$49.0m
|
$94.1m
|
$70.3m
|
$59.7m
|
$18.5m
|
$28.1m
|
|
Restricted cash and cash equivalents
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$1.0m
|
$6.0m
|
|
Accounts receivable, net of allowance of credit losses for $1,043 and $1,930 as of December 31, 2025 and December 31, 2024, respectively
|
|
$5.6m
|
$6.6m
|
$7.2m
|
$7.7m
|
$13.6m
|
$15.8m
|
$23.4m
|
$16.5m
|
|
Inventory
|
|
$2.4m
|
$2.8m
|
$3.7m
|
$6.6m
|
$8.9m
|
$8.1m
|
$4.2m
|
$4.3m
|
|
Current portion of prepaid commission expense
|
|
—
|
$689k
|
$1.1m
|
$1.6m
|
$2.0m
|
$2.5m
|
$3.1m
|
$3.0m
|
|
Prepaid expenses and other current assets
|
|
$1.8m
|
$1.8m
|
$2.2m
|
$3.1m
|
$2.2m
|
$4.8m
|
$6.8m
|
$2.9m
|
|
Prepaid commission expense
|
|
—
|
$3.8m
|
$5.3m
|
$6.8m
|
$7.6m
|
$8.4m
|
$8.9m
|
$8.0m
|
|
Long-term notes receivable
|
|
—
|
—
|
—
|
$10.1m
|
$362k
|
$3.8m
|
$295k
|
$151k
|
|
Total current assets
|
|
$114.5m
|
$88.5m
|
$65.0m
|
$115.3m
|
$98.8m
|
$93.8m
|
$58.1m
|
$61.6m
|
|
Property and equipment, net
|
|
$1.4m
|
$1.1m
|
$730k
|
$1.2m
|
$2.0m
|
$2.0m
|
$6.2m
|
$4.5m
|
|
Goodwill
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$18.6m
|
$23.6m
|
|
Intangible assets, net
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$19.6m
|
$18.1m
|
|
Operating lease right-of-use assets
|
|
—
|
$3.8m
|
$3.4m
|
$3.9m
|
$3.3m
|
$2.8m
|
$27.1m
|
$23.6m
|
|
Other assets
|
|
$1.2m
|
$1.3m
|
$1.9m
|
$2.2m
|
$3.6m
|
$4.4m
|
$1.9m
|
$2.0m
|
|
Current portion of net investments in sales-type leases
|
|
—
|
$880k
|
$1.9m
|
$2.2m
|
$1.5m
|
$905k
|
$206k
|
$225k
|
|
Current portion of notes receivable
|
|
—
|
—
|
—
|
$74k
|
$230k
|
$2.1m
|
$930k
|
$424k
|
|
Net investments in sales-type leases
|
|
—
|
$1.7m
|
$2.3m
|
$1.7m
|
$1.2m
|
$661k
|
$86k
|
$98k
|
|
Deferred and contingent consideration
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$1.0m
|
$500k
|
|
Other payables
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$605k
|
$652k
|
|
Current portion of operating lease liabilities
|
|
—
|
$559k
|
$594k
|
$670k
|
$824k
|
$845k
|
$4.8m
|
$5.6m
|
|
Deferred revenue
|
|
$1.9m
|
$2.1m
|
$1.7m
|
$1.5m
|
$829k
|
$200k
|
$2k
|
$48k
|
|
Operating lease liabilities
|
|
—
|
$2.6m
|
$3.1m
|
$3.5m
|
$3.0m
|
$2.3m
|
$22.7m
|
$18.9m
|
|
Non-controlling interest
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$4.1m
|
$3.9m
|
|
Total equity
|
|
—
|
—
|
—
|
—
|
—
|
$34.2m
|
$31.8m
|
$26.2m
|
|
Total assets
|
|
$117.0m
|
$100.2m
|
$78.7m
|
$141.2m
|
$116.9m
|
$115.8m
|
$140.9m
|
$141.6m
|
|
Accounts payable
|
|
$3.8m
|
$4.6m
|
$3.7m
|
$4.3m
|
$2.4m
|
$4.8m
|
$11.1m
|
$10.7m
|
|
Accrued expenses
|
|
$7.5m
|
$9.0m
|
$7.3m
|
$8.2m
|
$14.8m
|
$12.6m
|
$12.8m
|
$12.3m
|
|
Current portion of deferred revenue
|
|
$2.3m
|
$2.2m
|
$2.0m
|
$2.5m
|
$2.0m
|
$1.6m
|
$974k
|
$753k
|
|
Total current liabilities
|
|
$13.6m
|
$27.7m
|
$13.7m
|
$15.7m
|
$33.2m
|
$19.8m
|
$31.3m
|
$30.5m
|
|
Long-term debt, net
|
|
$30.4m
|
$19.9m
|
$34.6m
|
$35.3m
|
$22.8m
|
$59.3m
|
$55.2m
|
$65.8m
|
|
Total liabilities
|
|
$46.0m
|
$52.3m
|
$53.2m
|
$56.0m
|
$59.8m
|
$81.6m
|
$109.1m
|
$115.3m
|
|
Common stock, $0.01 par value: 250,000 shares authorized; 68,994 and 55,679 shares issued and outstanding on December 31, 2025 and 2024, respectively
|
|
177k
|
186k
|
191k
|
264k
|
273k
|
291k
|
557k
|
690k
|
|
Additional paid-in capital
|
|
$291.9m
|
$297.8m
|
$302.8m
|
$393.6m
|
$402.7m
|
$410.0m
|
$446.9m
|
$480.5m
|
|
Accumulated deficit
|
|
($221.0m)
|
($250.1m)
|
($277.5m)
|
($308.7m)
|
($345.9m)
|
($376.1m)
|
($419.8m)
|
($458.8m)
|
|
Total Stockholders' equity
|
|
$71.0m
|
$47.9m
|
$25.5m
|
$85.2m
|
$57.1m
|
$34.2m
|
$27.7m
|
$22.4m
|
|
Total liabilities and equity
|
|
$117.0m
|
$100.2m
|
$78.7m
|
$141.2m
|
$116.9m
|
$115.8m
|
$140.9m
|
$141.6m
|