v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 6,888 $ 9,370
Accounts receivable – trade, net of allowances for credit losses of $915 and $1,055 13,814 15,358
Inventories, net of reserves 36,616 38,126
Prepaid expenses and other current assets 8,170 6,624
Total current assets 65,488 69,478
Property and equipment, net of accumulated depreciation 1,680 1,770
Operating lease right of use asset 6,636 7,009
Intangible assets, net of accumulated amortization 14,515 17,080
Deferred tax assets, net 1,466 1,472
Other assets 883 734
Total assets 90,668 97,543
Current liabilities:    
Accounts payable and accrued expenses 23,270 26,485
Short-term debt 1,274 1,274
Operating lease liabilities, current 1,638 1,741
Deferred revenues, current 8,982 9,273
Other short-term liabilities 4,550 3,598
Total current liabilities 40,227 42,852
Deferred revenues, non-current 14,173 14,849
Long-term debt 32,866 32,877
Operating lease liabilities, non-current 5,354 5,650
Other long-term liabilities 59 60
Total liabilities 92,679 96,288
Stockholders’ deficit:    
Common stock, $0.0001 par value, 4,166,667 shares authorized; 3,401,707 and 1,370,010 Class A shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 0 0
Additional paid-in capital 158,520 155,123
Accumulated deficit (162,945) (156,420)
Accumulated other comprehensive income 2,414 2,552
Total stockholders’ (deficit) equity (2,011) 1,255
Total liabilities and stockholders’ equity 90,668 97,543
Nonrelated Party    
Current liabilities:    
Accounts payable and accrued expenses 20,180 22,786
Derivative liabilities 2 5
Related Party    
Current liabilities:    
Accounts payable and accrued expenses 3,090 3,699
Derivative liabilities 511 476
Preferred Series A    
Stockholders’ deficit:    
Preferred stock, value, issued 0 0
Preferred Series B    
Stockholders’ deficit:    
Preferred stock, value, issued $ 0 $ 0