v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 13,728 $ 26,111
Accounts receivable, net 20,919 14,756
Inventories 49,902 50,633
Prepaid expenses and other current assets 4,137 3,712
Total current assets 88,686 95,212
Property, plant and equipment, net 36,456 37,545
Operating lease right-of-use assets 40,863 42,869
Intangible assets, net 243,079 249,002
Other assets 1,473 1,476
Total assets 410,557 426,104
Current liabilities:    
Accounts payable 16,092 12,279
Accrued expenses and other current liabilities 7,414 10,647
Deferred revenue 2,307 2,611
Current portion of operating lease liabilities 7,785 7,731
Current portion of finance lease liabilities 467 459
Current portion of long-term debt 5,876 1,260
Total current liabilities 39,941 34,987
Long-term operating lease liabilities 35,629 37,553
Long-term finance lease liabilities 7,711 7,830
Long-term debt 109,968 114,693
Deferred tax liabilities 3,047 3,047
Other long-term liabilities 4,316 4,272
Total liabilities 200,612 202,382
Commitments and contingencies (Note 14)
Stockholders’ equity    
Common stock ($0.0001 par value; 300,000,000 shares authorized; 4,615,725 and 4,614,279 shares issued and outstanding at March 31, 2025, and December 31, 2024, respectively) 0 0
Additional paid-in capital 790,565 790,094
Accumulated other comprehensive loss (8,774) (8,911)
Accumulated deficit (571,846) (557,461)
Total stockholders’ equity 209,945 223,722
Total liabilities and stockholders’ equity $ 410,557 $ 426,104