v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 9,139 $ 10,243
Marketable securities 1,996 7,942
Accounts receivable, net 9,867 9,086
Prepaids and other current assets 2,105 1,293
Inventory 5,287 6,926
Total current assets 28,394 35,490
Plant and equipment, net 7,678 8,630
Operating lease right-of-use assets 2,655 2,899
Corporate-owned life insurance ("COLI") asset 3,208 3,116
Intangible assets, net 5,249 5,645
Other long-term assets 593 612
Total assets 47,777 56,392
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)    
Accounts payable and accrued liabilities 6,423 8,959
Accrued wages and fringe benefits 8,821 7,813
Loan facility 46,659 42,984
Current non-qualified deferred compensation ("NQDC") liability 506 276
Contingent liability 3,000 0
Other current liabilities 3,305 2,645
Total current liabilities 68,714 62,677
Non-qualified deferred compensation liability 3,927 3,697
Contract liabilities 273 290
Operating lease liabilities, long term 1,822 2,135
Contingent liability, long-term 0 3,000
Warrant liabilities 879 1,243
Total liabilities 75,615 73,042
Commitments and contingencies (Note 11)
Stockholders' equity (deficit):    
Common stock, $0.0001 par value per share, 200,000,000 shares authorized, 30,926,847 and 30,571,662, shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 3 3
Preferred stock, $0.0001 par value per share, 10,000,000 shares authorized, no shares issued or outstanding at June 30, 2026 and December 31, 2025 0 0
Company common stock held by the non-qualified deferred compensation plan (625) (1,293)
Additional paid-in capital 399,541 394,408
Accumulated other comprehensive loss (82) (1,367)
Accumulated deficit (426,675) (408,401)
Total stockholders' equity (deficit) (27,838) (16,650)
Total liabilities and stockholders' equity (deficit) $ 47,777 $ 56,392