v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 69,751 $ 70,905
Restricted cash 258 257
Short-term marketable securities 0 30,577
Accounts receivable, net 12,072 13,120
Inventory 15,845 16,915
Prepaid expenses and other current assets 3,758 4,474
Total current assets 101,684 136,248
Long-term inventory 3,604 1,681
Property and equipment, net 2,220 2,907
Goodwill 2,333 2,333
Right of use assets 18,028 18,545
Other long-term assets 1,422 1,136
Total assets 129,291 162,850
Current liabilities    
Accounts payable 3,905 3,827
Accrued liabilities 14,556 16,472
Income taxes payable 263 49
Deferred revenue 18 135
Short-term debt 106 3,176
Current lease liabilities 1,210 778
Total current liabilities 20,058 24,437
Deferred tax liability 69 87
Long-term lease liabilities 18,059 18,515
Long-term debt 36,989 34,002
Total liabilities 75,175 77,041
Commitments and contingencies (Note 8)
Stockholders’ Equity    
Preferred stock, $0.001 par value, 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2025 and December 31, 2024 0 0
Common stock, $0.001 par value, 200,000,000 shares authorized; 41,673,648 shares and 39,785,969 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively 42 40
Additional paid-in capital 573,272 551,211
Accumulated other comprehensive income 2,360 2,113
Accumulated deficit (521,558) (467,555)
Total stockholders’ equity 54,116 85,809
Total liabilities and stockholders’ equity $ 129,291 $ 162,850