v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 68,058 $ 43,557
Short-term investments 36,286 0
Accounts receivable, net of allowance for doubtful accounts of $239 and $231 as of September 30, 2026 and December 31, 2025, respectively 13,626 10,697
Prepaid expenses and other current assets 3,677 2,281
Total current assets 121,647 56,535
Long-term investments 61,320 0
Property and equipment, net 926 882
Intangible assets, net 43,073 39,264
Goodwill 5,227 5,227
Right-of-use assets 2,179 2,570
Deferred tax assets 2,918 6,585
Other noncurrent assets 658 949
Total assets 237,948 112,012
Current liabilities:    
Accounts payable 2,638 1,977
Accrued expenses and other current liabilities 2,746 4,469
Current portion of operating lease liabilities 487 396
Deferred revenue 1,634 1,028
Total current liabilities 7,505 7,870
Noncurrent operating lease liabilities 2,080 2,396
Other noncurrent liabilities 796 820
Total liabilities 10,381 11,086
Shareholders' equity:    
Preferred stock - $0.001 par value, 10,000,000 shares authorized, and 0 shares issued and outstanding, as of September 30, 2026 and December 31, 2025 0 0
Common stock - $0.001 par value, 200,000,000 shares authorized, 16,050,406 and 14,151,350 shares issued and outstanding, as of September 30, 2026 and December 31, 2025 16 14
Additional paid-in capital 200,826 88,628
Retained earnings 27,077 12,284
Accumulated other comprehensive loss (352) 0
Total shareholders' equity 227,567 100,926
Total liabilities and shareholders' equity $ 237,948 $ 112,012