v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities:    
Net loss $ (5,277) $ (7,022)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Non-cash lease expense 274 275
Depreciation and amortization 351 488
Loss on disposal of property, equipment and software, net 0 8
Amortization of debt issuance cost 43 38
Equity-based compensation 2,973 1,713
Changes in operating assets and liabilities:    
Accounts receivable, net 1,102 (2,325)
Inventories 2,877 2,878
Prepaid expenses and other assets (1,244) 90
Accounts payable 2,595 (1,000)
Accrued expenses and other current liabilities 615 772
Operating lease liabilities (359) (227)
Net cash provided by (used in) operating activities 3,950 (4,312)
Investing activities:    
Purchases of property, equipment and software (394) (45)
Net cash used in investing activities (394) (45)
Financing activities:    
Proceeds from exercise of stock options 1 59
Equity financing costs paid (244) (54)
Debt issuance costs paid (195) 0
Net cash (used in) provided by financing activities (438) 5
Net change from operating, investing, and financing activities 3,118 (4,352)
Cash and cash equivalents at beginning of period 25,354 30,653
Cash and cash equivalents at end of period 28,472 26,301
Non-cash investing and financing activities    
Capital expenditures included in accounts payable 11 69
Supplemental Disclosure of Cash Flow Information:    
Cash paid for income taxes 71 22
Conversion of Class B Common Stock into Class A Common Stock [Member]    
Non-cash investing and financing activities    
Conversion of Class B common stock to Class A common stock 4,808 7,709
Accounts Payable [Member]    
Non-cash investing and financing activities    
Equity financing costs 247 136
Accrued Expenses and Other Current Liabilities [Member]    
Non-cash investing and financing activities    
Equity financing costs $ 16 $ 0