|
Cash and cash equivalents
|
|
$25k
|
$917k
|
$115.2m
|
$14.0m
|
$33.5m
|
$49.7m
|
$33.6m
|
|
Accounts receivable, net
|
|
—
|
$17.1m
|
$20.0m
|
$39.8m
|
$42.4m
|
$48.3m
|
$59.0m
|
|
Other receivables
|
|
—
|
$113k
|
$1.2m
|
$617k
|
$551k
|
$346k
|
$322k
|
|
Inventories
|
|
—
|
$4.4m
|
$6.4m
|
$9.3m
|
$13.7m
|
$10.0m
|
$16.9m
|
|
Prepaid expenses and other current assets
|
|
—
|
—
|
—
|
$6.9m
|
$4.0m
|
$4.0m
|
$3.0m
|
|
Total current assets
|
|
$25k
|
$1.1m
|
$154.1m
|
$130.4m
|
$143.5m
|
$112.4m
|
$112.7m
|
|
Property and equipment, net
|
|
—
|
$2.1m
|
$4.2m
|
$8.5m
|
$10.9m
|
$11.9m
|
$10.7m
|
|
Intangible assets, net
|
|
—
|
$19.5m
|
$18.2m
|
$18.0m
|
$17.9m
|
$14.8m
|
$11.0m
|
|
Goodwill
|
|
—
|
$14.2m
|
$26.6m
|
$21.4m
|
$7.2m
|
$7.2m
|
$7.2m
|
|
Operating right of use assets
|
|
—
|
—
|
$0
|
$24.5m
|
$29.2m
|
$25.8m
|
$22.4m
|
|
Other assets
|
|
—
|
$122k
|
$320k
|
$477k
|
$561k
|
$589k
|
$606k
|
|
Current portion of operating lease liabilities
|
|
—
|
—
|
$0
|
$5.5m
|
$6.4m
|
$6.8m
|
$7.2m
|
|
Accrued expenses and other current liabilities
|
|
$26k
|
$50k
|
$13.9m
|
$14.6m
|
$14.0m
|
$21.1m
|
$20.6m
|
|
Operating lease liabilities
|
|
—
|
—
|
$0
|
$22.1m
|
$26.5m
|
$23.2m
|
$19.1m
|
|
Derivative warrant liabilities
|
|
—
|
$0
|
$2.2m
|
$350k
|
$636k
|
$17k
|
$264k
|
|
Conversion option derivative liabilities
|
|
—
|
$0
|
$60.0m
|
$4.0m
|
$3.1m
|
$385k
|
$12.6m
|
|
Other non-current liabilities
|
|
—
|
$807k
|
$6.9m
|
$868k
|
$365k
|
$125k
|
$28k
|
|
Total stockholders’ equity (deficit)
|
|
$23k
|
$5.0m
|
$104.2m
|
$123.2m
|
$57.0m
|
$3.6m
|
($15.7m)
|
|
Total assets
|
|
$50k
|
$231.3m
|
$203.4m
|
$261.7m
|
$209.2m
|
$172.7m
|
$164.7m
|
|
Total liabilities and stockholders’ equity (deficit)
|
|
$50k
|
$231.3m
|
$203.4m
|
$261.7m
|
$209.2m
|
$172.7m
|
$164.7m
|
|
Accounts payable
|
|
—
|
$12.6m
|
$15.6m
|
$9.4m
|
$14.4m
|
$24.3m
|
$43.2m
|
|
Total current liabilities
|
|
$27k
|
$268k
|
$29.8m
|
$29.7m
|
$34.8m
|
$52.2m
|
$71.0m
|
|
Long-term debt, net of unamortized debt issuance costs
|
|
—
|
$6.6m
|
$0
|
$80.6m
|
$86.8m
|
$93.1m
|
$77.4m
|
|
Deferred income taxes liability
|
|
—
|
$1.6m
|
$371k
|
$108k
|
$32k
|
$32k
|
$0
|
|
Total liabilities
|
|
$27k
|
$6.6m
|
$99.3m
|
$138.5m
|
$152.2m
|
$169.1m
|
$180.4m
|
|
Commitments and contingencies (Note 15)
|
|
—
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
Common Stock, 0.0001 par value, authorized 500,000,000 shares; 100,596,918 shares issued and 98,863,144 shares outstanding at December 31, 2025 and 77,470,886 shares issued and 75,737,112 shares outstanding at December 31, 2024
|
|
575
|
677
|
7k
|
7k
|
8k
|
8k
|
10k
|
|
Series A Convertible Preferred Stock, 0.0001 par value, authorized 10,000,000 shares; 193,507 and 165,045 shares issued and outstanding at December 31, 2025 and 2024, respectively
|
|
—
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Additional paid-in capital
|
|
$24k
|
$5.4m
|
$167.4m
|
$186.2m
|
$204.2m
|
$215.4m
|
$256.7m
|
|
Treasury Stock at cost, 1,733,774 shares at December 31, 2025 and 2024
|
|
—
|
—
|
—
|
$0
|
($1.0m)
|
($1.0m)
|
($1.0m)
|
|
Accumulated deficit
|
|
($2k)
|
($443k)
|
($63.2m)
|
($63.1m)
|
($146.2m)
|
($210.8m)
|
($271.4m)
|