v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 12,175 $ 16,566
Restricted cash 424 297
Accounts receivable, net of allowance for credit losses of $534 and $519, respectively 7,675 8,770
Inventory 2,939 3,072
Note receivable, current portion 85 198
Other current assets 2,431 1,825
Total current assets 25,729 30,728
Long-term assets    
Property and equipment, net 8,157 8,632
Right-of-use operating lease assets, net 4,400 4,716
Right-of-use financing lease assets, net 1,313 1,634
Goodwill 24,313 24,313
Intangible assets, net 12,950 13,250
Deposits 1,639 2,114
Total long-term assets 52,772 54,659
Total assets 78,501 85,387
Current liabilities    
Accounts payable and accrued expenses 5,869 4,362
Loans payable, current portion 79 83
Lease liability operating, short-term 1,155 2,720
Lease liability financing, short-term 650 787
Contract liabilities 4,500 4,604
Other current liabilities 2,351 1,729
Total current liabilities 29,456 29,088
Long-term Liabilities    
Loan payable, long-term 89 112
Lease liability operating, long-term 12,058 10,570
Lease liability financing, long-term 537 665
Contract liabilities, long-term 1,213 1,402
Deferred tax liability 93 93
Other non-current liabilities 587 587
Total long-term liabilities 14,577 13,429
Total liabilities 44,033 42,517
Commitments and contingencies (Note 7)
Stockholders' equity    
Preferred stock, $0.0001 par value, 2,000,000 authorized, 505,000 shares designated as Series A and 240,861 shares designated as Series B as of March 31, 2026 and December 31, 2025, respectively. No preferred stock was issued or outstanding as of March 31, 2026 or December 31, 2025, respectively. 0 0
Common stock, $0.0001 par value; 137,923,985 and 136,791,826 shares issued as of March 31, 2026 and December 31, 2025, respectively; 137,607,546 and 136,477,697 shares outstanding as of March 31, 2026 and December 31, 2025, respectively 13 13
Treasury stock, 316,439 and 314,129 shares as of March 31, 2026 and December 31, 2025, respectively (902) (900)
Additional paid-in capital 336,271 335,310
Accumulated deficit (300,914) (291,553)
Total stockholders’ equity 34,468 42,870
Total liabilities and stockholders’ equity 78,501 85,387
The 2023 Revenue Sharing Notes [Member] | Nonrelated Party [Member]    
Current liabilities    
Secured current debt, net of debt discount 9,901 9,869
The 2023 Revenue Sharing Notes [Member] | Related Party [Member]    
Current liabilities    
Secured current debt, net of debt discount $ 4,951 $ 4,934