v3.26.1
Condensed Balance Sheet (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 26,845 $ 25,942
Accounts receivable, net 24,886 11,757
Inventories, net 10,143 15,419
Prepaid expenses and other current assets 6,725 7,463
Total current assets 68,599 60,581
Property and equipment, net 352 326
Intangible assets, net 45,678 30,878
Operating lease right-of-use assets, net 1,114 310
Other long-term assets, net 64 19
Total assets 115,807 92,114
Liabilities, Current [Abstract]    
Accounts payable 14,405 10,976
Short-term debt, net of debt discount 8,825 8,789
Accrued Medicaid rebates 10,969 9,317
Accrued Liabilities, Current 10,925 9,408
Total current liabilities 45,124 38,490
Long-term debt, net of current portion and debt discount and accrued exit fees 19,078 21,769
Operating lease liabilities, net of current portion 1,083 460
Other long-term liabilities 3,937 5,241
Total liabilities 69,222 65,960
Commitments and contingencies (Note 12)
Stockholders’ equity    
Common stock, $0.001 par value; 50,000,000 shares authorized; 28,289,941 and 27,047,061 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 28 27
Additional paid-in capital 145,919 138,621
Accumulated deficit (99,362) (112,494)
Total stockholders’ equity 46,585 26,154
Total liabilities and stockholders’ equity $ 115,807 $ 92,114