v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 1,139 $ 1,014
Accounts receivable, less allowance for doubtful accounts of $712 and $780 as of March 31,2026 and December 31, 2025, respectively 52,055 49,010
Prepaid expenses and other current assets 1,260 1,174
Total current assets 54,454 51,198
Goodwill 81,065 81,065
Intangible assets, net 7,002 7,650
Property and equipment, net, and other assets 5,460 5,638
Total assets 147,981 145,551
Current liabilities:    
Accounts payable and accrued liabilities 41,906 38,384
Other current liabilities 65 128
Current portion of notes payable 540 1,015
Total current liabilities 42,511 39,527
Notes payable, net 63,414 63,999
Other long-term liabilities 3,394 1,513
Total liabilities 109,319 105,039
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value, 10,000 shares authorized, no shares issued and outstanding as of March 31,2026 and December 31,2025
Common stock, $0.001 par value, 200,000 shares authorized, 21,014 and 20,960 shares issued and outstanding as of March 31, 2026 and December 31,2025,respectively. 21 21
Additional paid-in capital 181,452 180,984
Accumulated deficit (142,811) (140,493)
Total stockholders’ equity 38,662 40,512
Total liabilities and stockholders’ equity $ 147,981 $ 145,551