v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 32,742 $ 27,471
Marketable securities 19,836 28,984
Accounts receivable, net of allowance for credit losses of $2,146 and $2,177 at March 31, 2025 and December 31, 2024, respectively 6,936 7,361
Notes receivable, current, net of allowance for credit losses of $— and $— at March 31, 2025 and December 31, 2024, respectively 1,056 1,056
Inventory 42,129 40,295
Prepaid income taxes 177 145
Prepaid and other current assets 6,285 7,896
Total current assets 109,161 113,208
Property and equipment, net 13,014 15,493
Operating leases right-of-use assets, net 32,431 34,453
Intangible assets, net 7,241 8,779
Goodwill 1,605 1,605
Other assets 780 814
TOTAL ASSETS 164,232 174,352
Current liabilities:    
Accounts payable 9,959 8,146
Accrued liabilities 2,149 2,358
Payroll and payroll tax liabilities 2,021 2,655
Customer deposits 2,350 2,404
Sales tax payable 1,409 1,313
Current maturities of operating lease liabilities 7,024 7,398
Total current liabilities 24,912 24,274
Operating lease liabilities, net of current maturities 27,809 29,633
Other long-term liabilities 352 352
Total liabilities 53,073 54,259
Commitments and contingencies (Note 12)
Stockholders' equity:    
Common stock; $0.001 par value; 100,000,000 shares authorized, 59,487,477 and 59,402,628 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 59 59
Additional paid-in capital 376,120 375,677
Accumulated deficit (265,020) (255,643)
Total stockholders' equity 111,159 120,093
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 164,232 $ 174,352