Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2024

Accounting Policies [Abstract]

We determine the allowance for credit losses by identifying troubled accounts and by using historical experience applied to an aging of accounts, as well as expected losses based on the current and anticipated macroeconomic environment.

Trade accounts receivable are carried at original invoice amount less an estimate made for future credit losses based on a review of all outstanding amounts on a monthly basis, and written off when deemed uncollectible We determine the allowance for credit losses by identifying troubled accounts and by using historical experience applied to an aging of accounts, as well as expected losses based on the current and anticipated macroeconomic environment. Recoveries of trade accounts receivable previously written off are recorded when received. Our typical credit terms are between thirty and sixty days from shipment and invoicing.

		2024				2023
Balance, beginning		$	225			$	139
Current period provisions			564				95
Write offs			(3)				(9)
Balance, ending		$	786			$	225

Contract balances for the years ended December 31, 2024, 2023, and 2022 are as follows:

Contract balances for the years ended December 31, 2024, 2023, and 2022 are as follows:

			Accounts Receivable				Contract Liabilities
2022			$	4,734			$	2,188
2023				3,467				2,353
2024				4,869				5,571

Earnings applicable to common stock and common stock shares used in the calculation of basic and diluted earnings per share are as follows:

Earnings applicable to common stock and common stock shares used in the calculation of basic and diluted earnings per share are as follows:


		Years Ended December 31,
		2024 (As Restated)				2023 (As Restated)
Numerator: (in Thousands)
Net income (loss)		$	1,099			$	(4,937	)

Denominator:
Weighted average number of basic common shares outstanding			62,350,459				49,556,305
Weighted average additional shares assuming conversion of in-the-money stock options to common shares			2,678,356				—
Weighted average number of diluted common shares outstanding			65,028,815				49,556,305

Basic earnings per common share:
Net income (loss) per share – basic		$	0.02			$	(0.10	)
Diluted earnings per common share:
Net income (loss) per share – diluted		$	0.02			$	(0.10	)