v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net loss $ (1,750) $ (7,001)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 327 357
Provision to write down inventories to net realizable value 107 28
Non-cash interest expense   2,235
Stock-based compensation 1,608 1,576
Change in allowance for credit losses 956 (94)
Non-cash lease expense 202 301
Accretion of interest on marketable securities   (91)
Changes in operating assets and liabilities:    
Accounts receivable (1,233) (2,303)
Inventory 6,368 3,063
Prepaid expenses and other assets 526 1,303
Accounts payable (15,035) (116)
Accrued expenses and other liabilities (847) (1,486)
Deferred revenue (477) 209
Warranty liability 235 1,526
Operating lease liabilities (219) (329)
Other long-term liabilities (20) 292
Net cash used in operating activities (9,252) (530)
Cash flows from investing activities:    
Purchase of marketable securities   (7,957)
Purchase of property and equipment (209)  
Sales and maturities of marketable securities   4,425
Net cash used in investing activities (209) (3,532)
Cash flows from financing activities:    
Proceeds from exercise of stock options 103 2
Proceeds from at-the-market offering   815
Proceeds from registered direct offering 14,250  
Payment of offering costs related to registered direct offering (208)  
Payment of tax withholdings on restricted and performance stock awards (750)  
Payment of tax withholdings on options exercised (30)  
Net cash provided by financing activities 13,365 817
Net increase (decrease) in cash 3,904 (3,245)
Cash and cash equivalents at beginning of period 7,670 11,746
Cash and cash equivalents at end of period 11,574 8,501
Supplemental disclosure of cash flow information:    
Cash paid for interest   1,261
Cash paid for income taxes, net    
Cash paid for income taxes, net 56 18
Supplemental schedule of non-cash investing and financing activities:    
Operating lease right of use assets obtained in exchange for operating lease liabilities 24  
Property and equipment in accounts payable 87 7
Unrealized gain resulting from change in fair value of marketable securities   $ (2)
Italy    
Cash paid for income taxes, net    
Cash paid for income taxes, net 20  
Israel    
Cash paid for income taxes, net    
Cash paid for income taxes, net $ 36