|
Cash and cash equivalents
|
|
$18.1m
|
$105.8m
|
$19.5m
|
$13.0m
|
$11.3m
|
$10.7m
|
|
Accounts receivable, net of allowance for credit losses of $1,824 and $1,326 as of December 31, 2025 and December 31, 2024, respectively
|
|
$14.5m
|
$18.6m
|
$29.2m
|
$38.1m
|
$40.8m
|
$42.2m
|
|
Inventories
|
|
$7.8m
|
$10.6m
|
$19.3m
|
$29.2m
|
$39.3m
|
$36.0m
|
|
Prepaid expenses and other current assets
|
|
$593k
|
$3.0m
|
$3.6m
|
$7.9m
|
$5.7m
|
$5.5m
|
|
Total current assets
|
|
$41.0m
|
$138.0m
|
$133.4m
|
$198.4m
|
$161.4m
|
$132.1m
|
|
Property and equipment, net
|
|
$829k
|
$2.8m
|
$15.3m
|
$22.3m
|
$26.0m
|
$29.8m
|
|
IIntangible assets, net of accumulated amortization of $2,375 and $1,425 as of December 31, 2025 and December 31, 2024, respectively
|
|
—
|
—
|
$0
|
$9.0m
|
$8.1m
|
$7.1m
|
|
Goodwill
|
|
—
|
—
|
$0
|
$12.8m
|
$12.8m
|
$12.8m
|
|
Operating lease right-of-use assets
|
|
—
|
$0
|
$10.1m
|
$9.3m
|
$8.4m
|
$7.6m
|
|
Marketable securities, short-term
|
|
—
|
$0
|
$61.8m
|
$110.2m
|
$64.3m
|
$37.7m
|
|
Other non-current assets, net of allowance for credit losses of $69 and $69 as of December 31, 2025 and December 31, 2024, respectively
|
|
—
|
$0
|
$146k
|
$146k
|
$407k
|
$1.2m
|
|
Other liabilities
|
|
—
|
—
|
$339k
|
$4.4m
|
$510k
|
$2.4m
|
|
Derivative liability on term loan
|
|
$245k
|
$173k
|
$0
|
—
|
—
|
—
|
|
Operating lease liabilities, net of current portion
|
|
—
|
$0
|
$15.5m
|
$15.9m
|
$15.9m
|
$14.0m
|
|
Total stockholders’ equity
|
|
$776k
|
$93.1m
|
$60.5m
|
$137.9m
|
$112.9m
|
$87.3m
|
|
Total assets
|
|
$41.8m
|
$140.8m
|
$159.0m
|
$251.9m
|
$217.1m
|
$190.6m
|
|
Total liabilities and stockholders’ equity
|
|
$41.8m
|
$140.8m
|
$159.0m
|
$251.9m
|
$217.1m
|
$190.6m
|
|
Accounts payable
|
|
$2.3m
|
$4.1m
|
$8.7m
|
$11.8m
|
$10.5m
|
$6.7m
|
|
Accrued liabilities
|
|
$1.8m
|
$4.5m
|
$6.2m
|
$10.5m
|
$7.2m
|
$5.8m
|
|
Accrued commissions
|
|
$3.5m
|
$5.2m
|
$7.4m
|
$10.8m
|
$10.1m
|
$9.4m
|
|
Accrued compensation
|
|
$2.2m
|
$4.5m
|
$7.7m
|
$7.5m
|
$6.6m
|
$6.3m
|
|
Total current liabilities
|
|
$11.6m
|
$18.2m
|
$30.2m
|
$45.0m
|
$34.9m
|
$30.6m
|
|
Long-term debt, net
|
|
$29.2m
|
$29.4m
|
$52.7m
|
$53.0m
|
$53.3m
|
$55.6m
|
|
Other long-term liabilities
|
|
—
|
—
|
$0
|
$37k
|
$37k
|
$3.0m
|
|
Total liabilities
|
|
$41.0m
|
$47.7m
|
$98.5m
|
$114.0m
|
$104.2m
|
$103.2m
|
|
Preferred stock, $0.001 par value, 5,000,000 shares authorized as of December 31, 2025 and December 31, 2024; 0 shares issued as of December 31, 2025 and December 31, 2024
|
|
$7.9m
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
Common stock, $0.001 par value, 300,000,000 shares authorized; 64,029,378 and 62,385,101 shares issued as of December 31, 2025 and December 31, 2024, respectively
|
|
$28k
|
$45k
|
$55k
|
$62k
|
$62k
|
$64k
|
|
Additional paid-in capital
|
|
$14.2m
|
$134.9m
|
$145.2m
|
$272.0m
|
$303.0m
|
$337.4m
|
|
Accumulated deficit
|
|
($21.4m)
|
($41.9m)
|
($84.7m)
|
($134.2m)
|
($190.0m)
|
($249.0m)
|
|
Accumulated other comprehensive income (loss)
|
|
—
|
$0
|
($27k)
|
$163k
|
$97k
|
$72k
|
|
Treasury stock, at cost; 165,513 and 23,391 shares as of December 31, 2025 and December 31, 2024, respectively
|
|
—
|
—
|
$0
|
($13k)
|
($281k)
|
($1.2m)
|