v3.26.1
Condensed Consolidated Statements of Cash Flows Unaudited - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
OPERATING ACTIVITIES:    
Net Income (Loss) $ (11,809) $ (17,648)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 1,084 1,070
Amortization of right-of-use assets 868 818
Amortization of debt discounts and issuance costs 0 24
Amortization of insurance premiums 1,013 1,325
Inventory reserve (877) (2,206)
Impairment of property and equipment 61 401
Change in fair value of derivative instruments 6 60
Gain on lease termination (54) 0
Stock-based compensation expense 4,107 3,097
Allowance for credit losses (110) (36)
Other non-cash items (46) 75
Changes in operating assets and liabilities:    
Accounts receivable 1,660 8,817
Inventories 1,935 7,471
Prepaid expenses and other current assets (197) (2,262)
Other assets 455 300
Accounts payable (1,084) (3,999)
Other liabilities (1,287) 2,582
Net cash used in operating activities (4,275) (111)
INVESTING ACTIVITIES:    
Proceeds from the disposal of assets held for sale and other assets 350 0
Purchase of property and equipment (38) 0
Net cash provided by investing activities 312 0
FINANCING ACTIVITIES:    
Payments on convertible notes (3,000) 0
Payment for short-term insurance financing note (1,289) (1,887)
Taxes paid related to net share settlement of stock-based awards (1,038) (688)
Principal payment of equipment leases (152) (1,200)
Proceeds from short-term insurance financing note 1,001 1,675
Proceeds from issuance of common stock in at-the-market offering, net 2,248 0
Proceeds from issuance of common stock in registered direct offering, net 5,388 0
Stock options exercised 0 0
Net cash provided by (used in) financing activities 3,158 (2,100)
Net decrease in cash and cash equivalents (805) (2,211)
Cash and cash equivalents, beginning of period 14,040 10,996
Cash and cash equivalents, end of period 13,235 8,785
Supplemental disclosure of cash flow information    
Cash paid for income taxes 18 24
Supplemental disclosure of non-cash activities    
Operating lease termination (54) 0
Right-of-use assets obtained in exchange for operating lease liabilities $ 1,060 $ 0