v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 30,167 $ 37,801
Restricted cash 100 100
Receivables, net of $0.8 million and $0.7 million of allowance for credit losses as of March 31, 2026 and December 31, 2025, respectively 3,678 4,120
Inventories, net 11,421 12,934
Prepaid expenses and other current assets 11,004 7,425
Assets held for sale 3,088 3,088
Total current assets 59,458 65,468
Restricted cash 4,423 4,920
Property and equipment, net 4,442 4,227
Operating right-of-use assets 14,892 16,019
Goodwill 38,016 37,467
Other intangible assets, net 155,991 155,882
Contract assets, net of current portion 7,767 7,467
Other noncurrent assets 793 922
Total assets 285,782 292,372
Current liabilities:    
Accounts payable 12,001 11,930
Deferred revenues, current portion 8,027 11,015
Operating lease liabilities, current portion 7,264 7,406
Long-term debt, current portion 0 1,524
Other current liabilities and accrued expenses 32,400 31,919
Total current liabilities 59,692 63,794
Deferred revenues, net of current portion 12,532 14,252
Deferred tax liabilities, net 6,411 6,418
Operating lease liabilities, net of current portion 13,211 14,770
Long-term debt, net of current portion 157,497 172,645
Other noncurrent liabilities 2,359 2,326
Total liabilities 251,702 274,205
Commitments and contingencies (Note 13)
Mezzanine equity:    
Redeemable noncontrolling interest (208) (208)
Stockholders’ equity:    
Common stock, par value $0.0001 per share, 400,000,000 shares authorized, 118,600,652 shares issued and 115,398,590 shares outstanding as of March 31, 2026; 400,000,000 shares authorized, 115,069,810 shares issued and 112,819,881 shares outstanding as of December 31, 2025 12 11
Treasury stock, at cost, 3,202,062 and 2,249,929 shares as of March 31, 2026 and December 31, 2025 (7,273) (5,445)
Additional paid-in capital 777,751 757,441
Accumulated other comprehensive loss (26,124) (26,716)
Accumulated deficit (710,879) (706,916)
Total stockholders’ equity 33,487 18,375
Noncontrolling interest (Note 9) 801 0
Total equity 34,288 18,375
Total liabilities, mezzanine equity, and equity $ 285,782 $ 292,372