v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 7,611 $ 7,358
Trade accounts receivable, net 14,463 12,775
Inventories 4,187 3,580
Prepaid expenses 884 868
Other current assets 559 1,177
Total current assets 27,704 25,758
Property and equipment, net 1,470 1,696
Operating lease right-of-use assets 3,932 4,166
Goodwill 10,845 10,845
Intangible assets, net 2,764 2,787
Other assets 107 85
Total assets 46,822 45,337
Current liabilities:    
Accounts payable 8,027 9,214
Accrued compensation 757 1,157
Accrued liabilities and other 4,061 1,790
Short-term lease liabilities 915 821
Total current liabilities 13,760 12,982
Deferred tax liability 189 186
Long-term lease liabilities 3,559 3,880
Total liabilities 17,508 17,048
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock and additional paid-in capital, par value $0.0001, 200,000 shares authorized; 13,618 shares issued and 13,077 shares outstanding at June 30, 2026; and 12,666 shares issued and 12,125 shares outstanding at December 31, 2025. 131,910 127,292
Treasury stock, at cost: 541 shares at June 30, 2026 and December 31, 2025. (5,364) (5,364)
Accumulated deficit (97,238) (93,635)
Accumulated other comprehensive income (loss) 6 (4)
Total stockholders’ equity 29,314 28,289
Total liabilities and stockholders’ equity $ 46,822 $ 45,337