v3.25.4
Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 199,278,000 $ 267,763,000
Accounts receivable, net of allowance for doubtful accounts of $188 and $774 22,203,000 23,816,000
Inventories 31,060,000 34,197,000
Prepaid expenses 5,221,000 3,956,000
Other current assets 4,146,000 3,488,000
Total current assets 261,908,000 333,220,000
Noncurrent Assets:    
Property, plant and equipment, net of accumulated depreciation 39,179,000 45,105,000
Operating right-of-use assets, net 11,996,000 13,442,000
Finance right-of-use assets, net 146,000 145,000
Net 19,046,000 17,435,000
Goodwill 43,363,000 40,330,000
Investment in equity method investee 25,956,000 28,300,000
Deferred tax asset 271,000 156,000
Other noncurrent assets 1,303,000 1,526,000
Total noncurrent assets 141,260,000 146,439,000
TOTAL ASSETS 403,168,000 479,659,000
Current Liabilities:    
Accounts payable 6,521,000 8,173,000
Deferred revenue 1,518,000 2,961,000
Accrued expenses and other current liabilities 11,149,000 20,179,000
Finance lease liability 63,000 41,000
Operating lease liability 2,164,000 2,129,000
Current portion 18,380,000 0
Total current liabilities 39,795,000 33,483,000
Noncurrent Liabilities:    
Finance lease liability 100,000 113,000
Operating lease liability 10,870,000 12,321,000
Long-term portion 9,333,000 22,910,000
Other noncurrent liabilities 2,243,000 494,000
Total noncurrent liabilities 22,546,000 35,838,000
TOTAL LIABILITIES 62,341,000 69,321,000
Commitments and Contingencies
STOCKHOLDERS' EQUITY    
Preferred stock, par value $0.000001, 25,000 shares authorized, none issued 0 0
Common stock, par value $0.000001, 120,000 shares authorized, 70,391 and 74,598 shares issued and outstanding 0 0
Additional paid-in capital 531,393,000 538,129,000
Accumulated other comprehensive loss (18,404,000) (24,360,000)
Accumulated deficit (172,162,000) (103,431,000)
Total stockholders' equity 340,827,000 410,338,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 403,168,000 $ 479,659,000