v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from Operating Activities    
Net Loss $ (11,011) $ (13,831)
Adjustments to Reconcile Net Loss to Net Cash    
Stock based compensation 561 410
Amortization of debt discount 1,953 2,784
Change in fair market value of warrant liability (493) (5,507)
Non-cash interest expense (paid-in kind) 7,306
Provision for credit losses 43 70
Depreciation and amortization 1,247 1,350
Amortization of right of use of assets 586 1,324
Changes in Assets and Liabilities    
Accounts receivable 692 (1,223)
Inventories 3,893 663
Prepaid expenses 384 (40)
Prepaid inventory (279) (152)
Prepaid income tax (6)
Other current assets (1,290) 64
Other assets 9 (6)
Accounts payable and accrued expenses (4,589) 905
Operating lease liabilities (1,232) (1,436)
Accrued tariffs (602) 296
Accrued settlement (187)
Deferred revenue (500) (500)
Income tax payable (4)
Customer deposits (7) (151)
Total Adjustments 370 5,966
Net Cash Used in Operating Activities (10,641) (7,865)
Cash Flows From Investing Activities    
Purchase of intangibles (131)
Purchase of property and equipment (640) (1,621)
Net Cash Used in Investing Activities (771) (1,621)
Cash Flows From Financing Activities    
Proceeds from public offering (ATM), net 829 63
Repayment of note payable (478)
Proceeds from preferred stock offering, net of fees 7,330
Principal payments on finance leases (24) (23)
Taxes paid related to net settlement of RSUs (87)
Payment of dividends (818)
Net Cash (Used in) Provided by Financing Activities (578) 7,370
Net Decrease in cash and cash equivalents (11,990) (2,116)
Beginning Cash and cash equivalents - beginning of period 18,270 4,849
Ending Cash and cash equivalents - end of period 6,280 2,733
Supplemental Disclosures of Cash Flow Information:    
Cash paid for income taxes 6 4
Cash paid for interest 1,555 3
Supplemental Non-Cash Investing and Financing Activities    
Purchases of property, equipment, and intangibles not yet paid 417 162
Recognition of right of use asset obtained in exchange for operating lease liability 642
Recognition of warrant liability - Investor Warrants 696
Conversion of preferred stock to common stock 6,085
Declaration of dividends 1,012
Dividends paid in kind 252
Accretion of preferred stock discount 962
Settlement of accrued liability for employee stock purchase plan 26 73
Reclassification of assets held for sale to machinery and equipment 644
Cashless exercise of penny warrants 193
Exercise of pre-funded warrants $ 1