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 $ 4,811 $ 6,309
Restricted cash 537 0
Accounts receivable, net 12,082 8,186
Inventories 28,806 33,324
Prepaid expenses and other current assets 2,885 3,622
Assets held for sale 1,415 0
Total current assets 50,536 51,441
Property, plant and equipment, net 27,649 30,334
Operating lease right-of-use assets 35,559 37,765
Intangible assets, net 2,801 2,801
Other assets 1,215 1,463
Total assets 117,760 123,804
Current liabilities:    
Accounts payable 14,526 9,752
Accrued expenses and other current liabilities 12,196 7,688
Deferred revenue 1,755 2,742
Current portion of operating lease liabilities 7,576 7,543
Current portion of finance lease liabilities 451 455
Current portion of long-term debt 114,419 111,853
Total current liabilities 150,923 140,033
Long-term operating lease liabilities 30,645 32,800
Long-term finance lease liabilities 7,263 7,381
Long-term debt 44 50
Deferred tax liabilities 2,131 2,130
Other long-term liabilities 4,889 4,706
Total liabilities 195,895 187,100
Commitments and contingencies (Note 15)
Stockholders’ deficit    
Common stock ($0.0001 par value; 300,000,000 shares authorized; 4,764,612 and 4,667,004 shares issued and outstanding at March 31, 2026, and December 31, 2025, respectively) 0 0
Additional paid-in capital 791,380 791,227
Accumulated other comprehensive loss (7,653) (7,272)
Accumulated deficit (861,862) (847,251)
Total stockholders’ deficit (78,135) (63,296)
Total liabilities and stockholders’ deficit $ 117,760 $ 123,804