v3.25.4
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Operating activities    
Net income $ 13,536 $ 8,359
Adjustments to reconcile net income to net cash provided by operating activities:    
Allowance for credit losses 59 122
Inventory allowance 890 367
Amortization of deferred finance and other assets 0 75
Deferred tax expense (benefit) 1,558 (2,672)
Depreciation and amortization 1,778 1,692
Loss on investment 0 91
(Gain) on sale of equipment 0 (2)
Changes in operating assets and liabilities:    
Trade accounts receivable 69 431
Inventories 884 5,949
Prepaid expenses and other current assets 1,782 (2,989)
Other assets (61) 12
Operating lease ROU assets and lease liabilities (84) (68)
Accounts payable (1,546) (3,495)
Accrued compensation and related taxes 134 987
Accrued warranty expense (248) 286
Deferred revenue 323 1,309
Accrued other expenses and other current liabilities (1,559) 1,531
Net cash provided by operating activities 19,441 12,765
Investing activities    
Purchases of property, plant and equipment (1,039) (1,235)
Capitalized software and systems integration costs (2,096) (1,321)
Proceeds for disposal of property, plant and equipment 2 0
Net cash (used in) investing activities (3,133) (2,556)
Financing activities    
Proceeds from exercise of common stock options 598 32
Repurchase of common stock (1,193) 0
Proceeds from credit facility and notes payable 0 46,359
Repayment of credit facility and notes payable 0 (52,981)
Net cash (used in) financing activities (595) (6,590)
Net change in cash and cash equivalents 15,713 3,619
Cash and cash equivalents, beginning of year 7,075 3,456
Cash and cash equivalents, end of year 22,788 7,075
Supplemental disclosure    
Interest paid 0 357
Non-cash financing activity    
Common stock issued under restricted stock units 732 376
Cashless exercise of stock options, warrants and related conversion of net shares to stockholders’ equity 146 30
Share-Based Payment Arrangement, Option [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation expense-stock options 1,030 286
Share-based compensation expense-restricted stock units 1,030 286
Restricted Stock Units (RSUs) [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation expense-stock options 896 494
Share-based compensation expense-restricted stock units $ 896 $ 494