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 income (loss) $ (4,536) $ (1,570)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
(Income) Loss from discontinued operations, net of tax 0 400
Depreciation and amortization 1,813 2,098
Provision for expected credit losses (14) 14
Impairment of capitalized software 0 384
Provision for excess and obsolete inventory 312 680
Share-based compensation expense 2,304 1,601
Amortization of debt discount (premium) and debt issuance costs, net (114) (22)
Deferred income taxes 3 3
Non-cash operating lease expense 216 263
Other 79 0
Changes in assets and liabilities:    
Accounts receivable 9,381 1,698
Inventories (5,127) (2,218)
Prepaid expenses and other assets 711 1,346
Accounts payable 2,056 (850)
Accrued expenses and other liabilities (5,136) (6,972)
Operating lease liabilities (233) (322)
Operating cash flows from continuing operations 1,715 (3,467)
Operating cash flows from discontinued operations 0 0
Net cash provided by (used in) operating activities 1,715 (3,467)
Cash flows from investing activities:    
Purchases of property, plant and equipment (131) (32)
Additions to capitalized software development costs and purchases of intangible assets (3,816) (1,693)
Investing cash flows from continuing operations (3,947) (1,725)
Investing cash flows from discontinued operations 0 710
Net cash used in investing activities (3,947) (1,015)
Cash flows from financing activities:    
Cash payments as part of preferred stock exchange (3,334) 0
Proceeds from stock option exercises and employee stock purchase plan, net of taxes 1 42
Financing cash flows from continuing operations (3,333) 42
Financing cash flows from discontinued operations 0 0
Net cash provided by (used in) financing activities (3,333) 42
Effect of exchange rates on cash (24) (7)
Net decrease in cash and cash equivalents (5,589) (4,447)
Cash and cash equivalents, beginning of period 24,886 39,596
Cash and cash equivalents, end of period 19,297 35,149
Cash paid during the year for:    
Interest 80 7
Income taxes (94) 57
Supplemental disclosures of non-cash investing and financing activities:    
Capital expenditures financed through accounts payable or accrued liabilities 980 918
Fair value of common stock, debt, and cash payables issued as part of preferred stock exchange 23,532 0
Carrying value of preferred stock removed as part of preferred stock exchange $ 41,966 $ 0