v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 72,303 $ 75,708
Accounts receivable, net of allowances of $869 and $871, respectively 9,104 10,665
Inventory 12,403 12,205
Prepaid expenses and other current assets 2,940 3,069
Total current assets 96,750 101,647
Property and equipment, net 2,159 2,243
Operating lease right-of-use asset 793 878
Other non-current assets 26 26
Total assets 99,728 104,794
Current liabilities:    
Accounts payable 2,998 3,833
Accrued expenses 6,488 9,484
Total current liabilities 9,486 13,317
Long-term debt 58,490 49,514
Operating lease liability, non-current portion 544 638
Other long-term liabilities 2,099 2,001
Total liabilities 70,619 65,470
Commitments and contingencies (Note 10)
Stockholders' equity:    
Common stock, $0.01 par value, 200,000,000 authorized as of March 31, 2026 and December 31, 2025; 26,428,767 and 26,311,607 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 264 263
Additional paid-in capital 632,820 629,916
Accumulated deficit (603,772) (590,652)
Accumulated other comprehensive loss (203) (203)
Total stockholders' equity 29,109 39,324
Total liabilities and stockholders' equity $ 99,728 $ 104,794