v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 6,154 $ 6,309
Restricted cash 459 0
Accounts receivable, net 7,948 8,186
Inventories 22,769 33,324
Prepaid expenses and other current assets 2,550 3,622
Total current assets 39,880 51,441
Property, plant and equipment, net 26,387 30,334
Operating lease right-of-use assets 31,419 37,765
Intangible assets, net 2,801 2,801
Other assets 1,091 1,463
Total assets 101,578 123,804
Current liabilities:    
Accounts payable 10,655 9,752
Accrued expenses and other current liabilities 13,914 7,688
Deferred revenue 888 2,742
Current portion of operating lease liabilities 7,666 7,543
Current portion of finance lease liabilities 460 455
Current portion of long-term debt 114,420 111,853
Total current liabilities 148,003 140,033
Long-term operating lease liabilities 28,425 32,800
Long-term finance lease liabilities 7,143 7,381
Long-term debt 39 50
Deferred tax liabilities 2,131 2,130
Other long-term liabilities 4,858 4,706
Total liabilities 190,599 187,100
Commitments and contingencies (Note 15)
Stockholders’ deficit    
Common stock ($0.0001 par value; 300,000,000 shares authorized; 4,814,612 and 4,667,004 shares issued and outstanding at June 30, 2026, and December 31, 2025, respectively) 0 0
Additional paid-in capital 791,525 791,227
Accumulated other comprehensive loss (8,053) (7,272)
Accumulated deficit (872,493) (847,251)
Total stockholders’ deficit (89,021) (63,296)
Total liabilities and stockholders’ deficit $ 101,578 $ 123,804