v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 27,617 $ 31,740
Trade accounts receivable, net of allowance of $1,070 and $1,020 13,614 16,776
Inventories, net of provision for obsolescence of $1,181 and $1,207 10,747 8,602
Prepaid expenses and other current assets 1,177 1,353
Total current assets 53,155 58,471
Property and equipment, net of accumulated depreciation and amortization of $4,519 and $4,293 2,110 2,371
Operating lease right-of-use assets 4,014 4,218
Finance lease right-of-use assets 17 28
Other assets 1,776 1,752
Total assets 61,072 66,840
LIABILITIES AND EQUITY    
Accounts payable 2,190 3,058
Accrued expenses and other current liabilities 6,692 8,214
Current portion of operating lease liabilities 451 407
Current portion of finance lease liabilities 21 21
Total current liabilities 9,354 11,700
Long-term debt, net of debt discounts and issuance costs 35,328 34,849
Long-term operating lease liabilities 3,828 4,051
Long-term finance lease liabilities 2 12
Long-term contract liabilities 1,134 1,050
Other liabilities 336 347
Total liabilities 49,982 52,009
EQUITY    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 0 issued and outstanding as of June 30, 2026 and December 31, 2025 0 0
Common stock, $0.001 par value; 75,000,000 shares authorized; 42,116,330 issued and outstanding as of June 30, 2026, and 41,785,946 issued and outstanding as of December 31, 2025 42 42
Additional paid-in capital 105,094 103,620
Accumulated deficit (94,473) (89,122)
Total stockholders’ equity 10,663 14,540
Non-controlling interest 427 291
Total equity 11,090 14,831
Total liabilities and equity $ 61,072 $ 66,840