v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 19,197 $ 28,134
Restricted cash and cash equivalents 5,750 6,000
Accounts receivable, net of allowance for credit losses of $553 and $1,043 as of June 30, 2026 and December 31, 2025, respectively 15,955 16,469
Inventory 5,502 4,327
Current portion of net investments in sales-type leases 233 225
Current portion of prepaid commission expense 2,773 3,050
Current portion of notes receivable 315 424
Prepaid expenses and other current assets 3,505 2,922
Total current assets 53,230 61,551
Property and equipment, net 3,464 4,466
Goodwill 23,622 23,622
Intangible assets, net 17,420 18,149
Operating lease right-of-use assets 23,913 23,560
Net investments in sales-type leases 65 98
Prepaid commission expense 6,980 7,972
Long-term notes receivable 43 151
Other assets 2,792 1,982
Total assets 131,529 141,551
Current liabilities:    
Accounts payable 12,419 10,739
Accrued expenses 8,929 12,316
Current portion of deferred revenue 1,143 753
Deferred and contingent consideration 250 500
Other payables 425 652
Current portion of operating lease liabilities 5,143 5,561
Total current liabilities 28,309 30,521
Long-term debt, net 61,519 65,807
Other long term liabilities 142  
Deferred revenue 58 48
Operating lease liabilities 19,861 18,935
Total liabilities 109,889 115,311
Commitments and contingencies (Note 18)
Equity:    
Preferred stock, $0.01 par value: 10,000 shares authorized; no shares issued or outstanding on June 30, 2026 and December 31, 2025
Common stock, $0.01 par value: 250,000 shares authorized; 76,193 and 68,994 shares issued and outstanding on June 30, 2026 and December 31, 2025, respectively 762 690
Additional paid-in capital 490,239 480,475
Accumulated deficit (473,151) (458,787)
Total Stockholders' equity 17,850 22,378
Non-controlling interest 3,790 3,862
Total equity 21,640 26,240
Total liabilities and equity $ 131,529 $ 141,551