Quarterly report [Sections 13 or 15(d)]

Unaudited Condensed Consolidated Balance Sheets

v3.25.3
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 24,948 $ 20,305
Accounts receivable, net of reserves 17,983 10,231
Inventory 11,818 14,431
Prepaid expenses and other current assets 1,638 3,212
Total current assets 56,387 48,179
Intangible assets, net 28,670 31,863
Operating lease right-of-use asset, net 134 199
Total assets 85,191 80,241
Current liabilities    
Accounts payable 11,557 16,050
Due to related party $ 755 $ 528
Other Liability, Current, Related Party, Type [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember
Accrued expenses $ 21,193 $ 17,425
Accrued interest 416 404
Income taxes payable 71 60
Term loan, short term 5,625  
Installment payments - licenses, short-term   625
Operating lease liability, short-term 98 83
Total current liabilities 39,715 35,175
Term loan, long-term, net of debt discount 19,534 24,879
Operating lease liability, long-term 44 118
Total liabilities 59,293 60,172
Commitments and contingencies (Note 13)
Stockholders' equity    
Additional paid-in capital 123,106 107,094
Accumulated deficit (97,211) (87,027)
Total stockholders' equity 25,898 20,069
Total liabilities and stockholders' equity 85,191 80,241
Common stock    
Stockholders' equity    
Common stock 2 1
Common stock - Class A    
Stockholders' equity    
Common stock $ 1 $ 1