v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 28,134 $ 18,459
Restricted cash and cash equivalents 6,000 1,000
Accounts receivable, net of allowance of credit losses for $1,043 and $1,930 as of December 31, 2025 and December 31, 2024, respectively 16,469 23,355
Inventory 4,327 4,248
Current portion of net investments in sales-type leases 225 206
Current portion of prepaid commission expense 3,050 3,078
Current portion of notes receivable 424 930
Prepaid expenses and other current assets 2,922 6,846
Total current assets 61,551 58,122
Property and equipment, net 4,466 6,242
Goodwill 23,622 18,634
Intangible assets, net 18,149 19,606
Operating lease right-of-use assets 23,560 27,093
Net investments in sales-type leases 98 86
Prepaid commission expense 7,972 8,902
Long-term notes receivable 151 295
Other assets 1,982 1,923
Total assets 141,551 140,903
Current liabilities:    
Accounts payable 10,739 11,077
Accrued expenses 12,316 12,818
Current portion of deferred revenue 753 974
Deferred and contingent consideration 500 1,000
Other payables 652 605
Current portion of operating lease liabilities 5,561 4,791
Total current liabilities 30,521 31,265
Long-term debt, net 65,807 55,151
Deferred revenue 48 2
Operating lease liabilities 18,935 22,686
Total liabilities 115,311 109,104
Commitments and contingencies (Note 20)
Equity:    
Preferred stock, $0.01 par value: 10,000 shares authorized; no shares issued or outstanding on December 31, 2025 and 2024
Common stock, $0.01 par value: 250,000 shares authorized; 68,994 and 55,679 shares issued and outstanding on December 31, 2025 and 2024, respectively 690 557
Additional paid-in capital 480,475 446,938
Accumulated deficit (458,787) (419,789)
Total Stockholders' equity 22,378 27,706
Non-controlling interest 3,862 4,093
Total equity 26,240 31,799
Total liabilities and equity $ 141,551 $ 140,903