v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash $ 13,583 $ 14,959
Accounts receivable, net of allowance for credit losses of $68 and $23 as of March 31, 2026, and December 31, 2025, respectively 3,362 3,133
Inventories 5,834 6,315
Prepaid expenses and other current assets 954 1,134
Total current assets 23,733 25,541
Property and equipment, net 5,087 5,400
Operating lease right-of-use assets, net 1,084 1,144
Financing lease right-of-use assets, net 299 332
Investments 418
Lease receivable 2,514 2,576
Other assets 304 44
Total assets 33,021 35,455
Current liabilities    
Accounts payable and accrued liabilities 3,670 3,745
Current portion of operating lease liabilities, net 243 223
Current portion of financing lease liabilities, net 122 123
Deferred revenue 1,041 791
Total current liabilities 5,076 4,882
Operating lease liabilities, non-current portion, net 874 936
Financing lease liabilities, non-current portion, net 188 219
Other long-term liabilities 62 101
Total liabilities 6,200 6,138
Stockholders’ equity    
Preferred stock, $0.001 par value, 5,000,000 shares authorized; none issued
Common stock, $0.001 par value, 30,000,000 shares authorized; 11,096,266 and 11,095,266 shares issued and outstanding on March 31, 2026, and December 31, 2025, respectively 11 11
Additional paid-in capital 35,317 35,305
Accumulated deficit (8,507) (5,999)
Total stockholders’ equity 26,821 29,317
Total liabilities and stockholders’ equity $ 33,021 $ 35,455