v3.26.1
Consolidated Statements of Shareholders' Equity Statement - USD ($)
$ in Thousands
Total
Registered direct offering
"At the market" equity offering
Common Stock
Common Stock
Registered direct offering
Common Stock
"At the market" equity offering
Accumulated Other Comprehensive Income (loss)
Accumulated Deficit
Non-Controlling Interest
Treasury Stock, Common
Beginning Balance (in shares) at Dec. 31, 2024       4,977,228            
Beginning Balance at Dec. 31, 2024 $ 12,482     $ 490,619     $ 4,693 $ (505,880) $ 23,050  
Stock issued under employee equity incentive plans (in shares)       45,480            
Stock issued under employee equity incentive plans 29     $ 29            
Stock-based compensation expense 751     $ 751            
Foreign currency translation adjustment (137)           (252)   115  
Offering (in shares)         164,176 59,165        
Offering   $ 1,341 $ 485   $ 1,341 $ 485        
Net loss attributable to non-controlling interest (259)               (259)  
Net income (loss) (7,761)             (7,761)    
Ending Balance (in shares) at Mar. 31, 2025       5,246,049            
Ending Balance at Mar. 31, 2025 6,931     $ 493,225     4,441 (513,641) 22,906  
Beginning Balance (in shares) at Dec. 31, 2024       4,977,228            
Beginning Balance at Dec. 31, 2024 12,482     $ 490,619     4,693 (505,880) 23,050  
Deferred tax adjustment 0                  
Net income (loss) (14,468)                  
Ending Balance (in shares) at Jun. 30, 2025       5,319,363            
Ending Balance at Jun. 30, 2025 432     $ 494,037     3,875 (520,348) 22,868  
Beginning Balance (in shares) at Mar. 31, 2025       5,246,049            
Beginning Balance at Mar. 31, 2025 6,931     $ 493,225     4,441 (513,641) 22,906  
Stock issued under employee equity incentive plans (in shares)       63,147            
Stock-based compensation expense 739     $ 739            
Deferred tax adjustment 0                  
Foreign currency translation adjustment (386)           (566)   180  
Offering (in shares)           10,010        
Offering     $ 73     $ 73        
Net loss attributable to non-controlling interest (218)               (218)  
Fractional share adjustment due to reverse stock split (in shares)           157        
Net income (loss) (6,707)             (6,707)    
Ending Balance (in shares) at Jun. 30, 2025       5,319,363            
Ending Balance at Jun. 30, 2025 432     $ 494,037     3,875 (520,348) 22,868  
Beginning Balance (in shares) at Dec. 31, 2025       6,336,957            
Beginning Balance at Dec. 31, 2025 1,806     $ 504,405     2,882 (528,379) 22,898  
Stock issued under employee equity incentive plans (in shares)       24,301            
Stock issued under employee equity incentive plans 5     $ 5            
Stock-based compensation expense 355     $ 355            
Distributions to non-controlling interests & derecognition of cumulative foreign currency translation adjustment (25,578)           (2,680)   (22,898)  
Deferred tax adjustment 55           55      
Net income (loss) 80,584             80,584    
Ending Balance (in shares) at Mar. 31, 2026       6,361,258            
Ending Balance at Mar. 31, 2026 57,227     $ 504,765     257 (447,795) 0  
Beginning Balance (in shares) at Dec. 31, 2025       6,336,957            
Beginning Balance at Dec. 31, 2025 1,806     $ 504,405     2,882 (528,379) 22,898  
Deferred tax adjustment 55                  
Net income (loss) 77,788                  
Ending balance, Treasury Shares (in shares) at Jun. 30, 2026                   (463,543)
Ending Balance (in shares) at Jun. 30, 2026       6,509,936            
Ending Balance at Jun. 30, 2026 51,981     $ 505,507     257 (450,591) 0 $ (3,192)
Beginning Balance (in shares) at Mar. 31, 2026       6,361,258            
Beginning Balance at Mar. 31, 2026 57,227     $ 504,765     257 (447,795) 0  
Stock issued under employee equity incentive plans (in shares)       148,678            
Stock-based compensation expense 742     $ 742            
Repurchase of common stock $ (3,192)                 $ (3,192)
Repurchase of common stock (in shares) (464)                 (463,543)
Deferred tax adjustment $ 0                  
Net income (loss) (2,796)             (2,796)    
Ending balance, Treasury Shares (in shares) at Jun. 30, 2026                   (463,543)
Ending Balance (in shares) at Jun. 30, 2026       6,509,936            
Ending Balance at Jun. 30, 2026 $ 51,981     $ 505,507     $ 257 $ (450,591) $ 0 $ (3,192)