v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 7,127 $ 7,358
Trade accounts receivable, net 11,272 12,775
Inventories 4,066 3,580
Prepaid expenses 972 868
Other current assets 407 1,177
Total current assets 23,844 25,758
Property and equipment, net 1,591 1,696
Operating lease right-of-use assets 3,955 4,166
Goodwill 10,845 10,845
Intangible assets, net 2,999 2,787
Other assets 157 85
Total assets 43,391 45,337
Current liabilities:    
Accounts payable 7,071 9,214
Accrued compensation 870 1,157
Accrued liabilities and other 2,734 1,790
Short-term lease liabilities 832 821
Total current liabilities 11,507 12,982
Deferred tax liability 190 186
Long-term lease liabilities 3,679 3,880
Total liabilities 15,376 17,048
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock and additional paid-in capital, par value $0.0001, 200,000 shares authorized; 13,200 shares issued and 12,659 shares outstanding at March 31 , 2026; and 12,666 shares issued and 12,125 shares outstanding at December 31, 2025. 128,911 127,292
Treasury stock, at cost 541 shares at March 31, 2026 and December 31,2025 (5,364) (5,364)
Accumulated deficit (95,532) (93,635)
Accumulated other comprehensive income 0 (4)
Total stockholders’ equity 28,015 28,289
Total liabilities and stockholders’ equity $ 43,391 $ 45,337