v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (6,607) $ (7,735)
Adjustments to reconcile net loss to cash used in operating activities:    
Impairment of long-lived assets   293
Amortization and depreciation 415 459
Amortization of right-of-use assets 81 136
Provision for credit losses (26) 509
(Gain) loss on sale or disposal of property, plant, and equipment   (12)
Debt related charges included in interest expense   984
Equity-based compensation 508 133
Change in fair value of warrant liabilities   174
Change in inventory reserves 229 (242)
Changes in operating assets and liabilities:    
Accounts receivable 19 (1,852)
Inventories (439) (246)
Prepaid expenses and other assets 155 (1,674)
Accounts payable (319) (266)
Accrued expenses and other current liabilities 217 1,053
Accrued excise taxes and fees (880) 1,818
Contract liabilities (291) 240
Other liabilities (154) (226)
Net cash used in operating activities (7,092) (6,454)
Cash flows from investing activities:    
Acquisition of patents, trademarks, and licenses (11) (59)
Acquisition of property, plant and equipment (371) (39)
Proceeds from the sale of property, plant and equipment   770
Payments received from 2025 GVB promissory note 25  
Net cash (used in) provided by investing activities (357) 672
Cash flows from financing activities:    
Payments on notes payable (448) (638)
Proceeds from issuance of common stock related to the ATM 200  
Payment of common stock issuance costs related to the ATM (136)  
Proceeds from issuance of notes payable 802 1,023
Payments of long-term debt   (1,017)
Net proceeds from warrant exercise 2,309 5,075
Principal payments on finance leases (8)  
Net proceeds from Series B convertible preferred stock 15,299  
Net cash provided by financing activities 6,358 4,443
Net decrease in cash and cash equivalents (1,091) (1,339)
Cash and cash equivalents - beginning of period 7,149 4,422
Cash and cash equivalents - end of period 6,058 3,083
Non-cash transactions:    
Capital expenditures incurred but not yet paid 23 633
Deemed dividends 18,134  
Stock issued in connection with settled indebtedness   500
Non-cash licensing arrangement   230
Equity conversion of Senior Secured Credit Facility   3,132
Conversion option remeasurement   $ 283
Finance lease assets and lease obligations 52  
Series A Convertible Preferred Shares    
Cash flows from financing activities:    
Redemption of Preferred Stock (9,650)  
Series B Convertible Preferred Shares    
Cash flows from financing activities:    
Redemption of Preferred Stock $ (2,010)