v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 55,843 $ 69,751
Restricted cash 259 258
Accounts receivable, net 12,247 12,072
Inventory 16,390 15,845
Prepaid expenses and other current assets 3,394 3,758
Total current assets 88,133 101,684
Long-term inventory 3,803 3,604
Property and equipment, net 1,885 2,220
Goodwill 2,333 2,333
Right of use assets 17,267 18,028
Other long-term assets 1,311 1,422
Total assets 114,732 129,291
Current liabilities    
Accounts payable 4,675 3,905
Accrued liabilities 14,070 14,556
Income taxes payable 264 263
Deferred revenue 16 18
Short-term debt 103 106
Current lease liabilities 1,277 1,210
Total current liabilities 20,405 20,058
Deferred tax liability 62 69
Long-term lease liabilities 17,403 18,059
Long-term debt 37,428 36,989
Common stock warrant liability 238 0
Total liabilities 75,536 75,175
Commitments and contingencies (Note 9)
Stockholders’ equity    
Preferred stock, $0.001 par value, 10,000,000 shares authorized; no shares issued and outstanding as of June 30, 2026 and December 31, 2025 0 0
Common stock, $0.001 par value, 200,000,000 shares authorized as of June 30, 2026 and December 31, 2025; 42,948,269 shares issued and outstanding as of June 30, 2026 and 41,673,648 shares issued and outstanding as of December 31, 2025 43 42
Additional paid-in capital 582,396 573,272
Accumulated other comprehensive income 2,049 2,360
Accumulated deficit (545,292) (521,558)
Total stockholders’ equity 39,196 54,116
Total liabilities and stockholders’ equity $ 114,732 $ 129,291