v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities:    
Net Income (Loss) Attributable to Parent $ (34,151) $ (31,140)
Depreciation 1,264 1,214
Amortization of debt discount and issuance costs 1,595 1,316
Amortization of right-of-use asset 352 163
Interest expense added to loan principal 2,796 2,360
Interest expense added to lease liability 2,667 2,373
Finance expense 141 307
Compensation charge for stock and share option awards 5,299 4,605
Unrealized gain on derivative liabilities (38) 0
Changes in operating assets and liabilities:    
Accounts receivable (1,021) (3,682)
Inventories 1,882 (914)
Prepaid expenses and other current assets 187 (380)
Other assets 1,129 106
Accounts payable 765 (392)
Lease liabilities (301) (136)
Deferred revenue (921) 853
Other accrued liabilities (575) 1,815
Net cash used in operating activities (18,930) (21,532)
Cash flows from investing activities:    
Additions to property, plant and equipment and water programs (7,576) (934)
Payments for contingent consideration liabilities 0 (250)
Additions to deposits for asset purchase options (5,000) 0
Net cash used in investing activities (12,576) (1,184)
Cash flows from financing activities:    
Net proceeds from issuance of common stock 18,335 22,135
Dividend payment (5,106) (5,106)
Proceeds from the issuance of long-term debt 15,000 20,000
Issuance costs of long-term debt (1,231) (1,294)
Principal payments on long-term debt (127) (177)
Payment for contingent consideration liabilities (1,200) 0
Taxes paid related to net share settlement of equity awards (233) (52)
Net cash provided by financing activities 25,438 35,506
Net (decrease) increase in cash, cash equivalents and restricted cash (6,068) 12,790
Cash, cash equivalents and restricted cash, beginning of period 17,426 4,636
Cash, cash equivalents and restricted cash, end of period $ 11,358 $ 17,426