v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows From Operating Activities    
Net loss $ (3,765) $ (16,720)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,652 1,582
Stock-based compensation 3,668 2,353
Amortization of debt premium, net and issuance costs (2,959) (4,591)
Impairments 0 1,842
Amortization of right-of-use assets 2,721 2,749
Capitalized paid-in-kind interest 0 5,472
Deferred income taxes (6) 2,773
Other, net (696) (330)
Changes in operating assets and liabilities:    
Receivables (2,877) 4,050
Inventory 1,459 2,574
Contract assets (1,101) (1,188)
Accounts payable 488 (3,353)
Accrued agency fees and commissions (177) 2,309
Deferred revenues, current portion (1,598) (7,378)
Operating lease liabilities (3,252) (3,247)
Deferred revenues, net of current portion (2,226) 0
Other, net 198 (404)
Net cash used in operating activities (8,471) (11,507)
Cash Flows From Investing Activities    
Proceeds from initial closing of new China joint venture 15,003 0
Purchases of property and equipment (789) (429)
Proceeds from sale of artwork 0 252
Net cash provided by (used in) investing activities 14,214 (177)
Cash Flows From Financing Activities    
Proceeds from sale of common stock, net 5,214 0
Payment of financing costs (206) 0
Repayment of long-term debt (15,000) 0
Noncontrolling interest capital contribution 2,402 0
Payment to repurchase shares pursuant to a stock repurchase agreement (2,000) 0
Payment of tax withholding in connection with vested restricted stock units (1,828) 0
Other (20) (114)
Net cash used in financing activities (11,438) (114)
Effect of exchange rate changes on cash and cash equivalents 15 220
Net decrease in cash and cash equivalents and restricted cash (5,680) (11,578)
Balance, beginning of year 42,821 33,322
Balance, end of period 37,141 21,744
Cash and cash equivalents and restricted cash consist of:    
Cash and cash equivalents 31,853 19,624
Restricted cash 5,288 2,120
Total 37,141 21,744
Supplemental Disclosures    
Cash paid for income taxes, net of refunds 1,477 292
Cash paid for interest 7,868 6,120
Supplemental Disclosure of Non-Cash Activities    
Liability pursuant to a stock repurchase agreement 14,828 0
Issuance of common stock in relation to the conversion of preferred stock 0 7,000
Preferred stock accretion to redemption value 0 2,269
Dividends payable to related party 0 230
Right-of-use assets in exchange for lease liabilities 3,376 633
Additions to property, plant and equipment in exchange for finance lease obligations 75 129
Common stock sold under an at-the-market offering with proceeds received subsequent to period-end 75 0
Settlement of vendor accounts receivable against accounts payable 479 0
Reduction in right-of-use assets due to lease termination 618 0
Tenant improvement allowance receivable recognized as a reduction of right-of-use assets $ 1,600 $ 0