v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 14,870 $ 14,050
Marketable securities 10,948 21,835
Accounts receivable, net 12,045 11,786
Prepaids and other current assets 1,709 2,060
Inventory 8,395 7,269
Total current assets 47,967 57,000
Plant and equipment, net 9,894 10,018
Operating lease right-of-use assets 3,356 3,571
Corporate-owned life insurance ("COLI") asset 2,605 3,006
Intangible assets, net 5,447 5,570
Other long-term assets 287 546
Total assets 69,556 79,711
LIABILITIES, NON-QUALIFIED DEFERRED COMPENSATION PLAN SHARE AWARDS AND STOCKHOLDERS' EQUITY (DEFICIT)    
Accounts payable and accrued liabilities 8,677 6,294
Accrued wages and fringe benefits 8,346 10,451
Current non-qualified deferred compensation ("NQDC") liability 495 2,094
Contingent liability 3,000  
Other current liabilities 2,438 1,319
Total current liabilities 22,956 20,158
Long-term debt 41,464 42,245
Non-qualified deferred compensation liability 3,665 2,969
Contract liabilities 315 324
Operating lease liabilities, long term 2,609 2,840
Contingent liability, long-term 0 3,000
Warrant liabilities 3,054 3,432
Total liabilities 74,063 74,968
Non-qualified deferred compensation plan share awards 64 244
Commitments and contingencies (Note 11)
Stockholders' equity (deficit):    
Common stock, $0.0001 par value per share, 200,000,000 shares authorized, 24,434,658 and 26,354,042, shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 3 3
Preferred stock, $0.0001 par value per share, 10,000,000 shares authorized, no shares issued or outstanding at March 31, 2025 and December 31, 2024 0 0
Company common stock held by the non-qualified deferred compensation plan (1,308) (1,319)
Additional paid-in capital 370,820 367,568
Accumulated other comprehensive loss (413) (1,939)
Accumulated deficit (373,673) (359,814)
Total stockholders' equity (deficit) (4,571) 4,499
Total liabilities, non-qualified deferred compensation plan share awards and stockholders' equity (deficit) $ 69,556 $ 79,711