Note 3 — Supplemental Condensed Consolidated Balance Sheet
Information
Accounts Receivable, Net
Accounts receivable, net, consisted of the following
as of March 31, 2026 and December 31, 2025:
| | |
March 31, | | |
December 31, | |
| (In thousands) | |
2026 | | |
2025 | |
| Accounts receivable, gross | |
$ | 8,736 | | |
$ | 9,699 | |
| Less allowance for credit losses | |
| (379 | ) | |
| (382 | ) |
| Accounts receivable, net | |
$ | 8,357 | | |
$ | 9,317 | |
The movement of the Company’s credit losses
accounts were as follows:
| | |
Three months
ended
March 31, | | |
Year ended
December 31, | |
| (In thousands) | |
2026 | | |
2025 | |
| Allowance for credit losses - beginning of period | |
$ | 382 | | |
$ | — | |
| (Recovery of) Provision allowance for credit losses | |
| (3 | ) | |
| 382 | |
| Write-offs of uncollectible accounts | |
| — | | |
| — | |
| Allowance for credit losses - end of period | |
$ | 379 | | |
$ | 382 | |
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted
of the following as of March 31, 2026 and December 31, 2025:
| | |
March 31, | | |
December 31, | |
| (In thousands) | |
2026 | | |
2025 | |
| Prepaid marketing | |
| 1,203 | | |
| 1,259 | |
| Prepaid expenses, other | |
| 292 | | |
| 589 | |
| Prepaid insurance | |
| 87 | | |
| 122 | |
| Total prepaid expenses and other current assets | |
$ | 1,582 | | |
$ | 1,970 | |
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities
consisted of the following as of March 31, 2026 and December 31, 2025:
| | |
March 31, | | |
December 31, | |
| (In thousands) | |
2026 | | |
2025 | |
| Accrued consulting fee | |
| 3,132 | | |
| 3,118 | |
| Accrued marketing fee | |
| 678 | | |
| 1,021 | |
| Accrued interest expense | |
| 417 | | |
| 1,736 | |
| Compensation related fees | |
| 417 | | |
| 522 | |
| Accrued professional fees | |
| 293 | | |
| 248 | |
| Litigation reserve | |
| 168 | | |
| 570 | |
| Accrued fulfillment and manufacturing related costs | |
| 137 | | |
| 342 | |
| Other current liabilities | |
| 482 | | |
| 360 | |
| Total accrued expenses and other current liabilities | |
$ | 5,724 | | |
$ | 7,917 | |
|