v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash $ 10,668 $ 14,959
Accounts receivable, net of allowance for credit losses of $103 and $23 as of June 30, 2026, and December 31, 2025, respectively 4,248 3,133
Inventories 6,580 6,315
Prepaid expenses and other current assets 1,137 1,134
Total current assets 22,633 25,541
Property and equipment, net 4,873 5,400
Operating lease right-of-use assets, net 1,023 1,144
Financing lease right-of-use assets, net 268 332
Investments 418
Lease receivable 2,451 2,576
Other assets 287 44
Total assets 31,535 35,455
Current liabilities    
Accounts payable and accrued liabilities 3,619 3,745
Current portion of operating lease liabilities, net 249 223
Current portion of financing lease liabilities, net 123 123
Deferred revenue 1,513 791
Total current liabilities 5,504 4,882
Operating lease liabilities, non-current portion, net 809 936
Financing lease liabilities, non-current portion, net 156 219
Other long-term liabilities 303 101
Total liabilities 6,772 6,138
Stockholders’ equity    
Preferred stock, $0.001 par value, 5,000,000 shares authorized; none issued
Common stock, $0.001 par value, 30,000,000 shares authorized; 11,096,266 and 11,095,266 shares issued and outstanding as of June 30, 2026, and December 31, 2025, respectively 11 11
Additional paid-in capital 35,318 35,305
Accumulated deficit (10,566) (5,999)
Total stockholders’ equity 24,763 29,317
Total liabilities and stockholders’ equity $ 31,535 $ 35,455