Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED BALANCE SHEETS

v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 24,090 $ 20,305
Accounts receivable, net of reserves 29,783 10,231
Inventory 9,624 14,431
Prepaid expenses and other current assets 3,376 3,212
Total current assets 66,873 48,179
Intangible assets, net 27,605 31,863
Operating lease right-of-use asset, net 111 199
Total assets 94,589 80,241
Current liabilities    
Accounts payable 8,851 16,050
Due to related party $ 455 $ 528
Other Liability, Current, Related Party, Type [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember
Accrued expenses $ 27,567 $ 17,425
Accrued interest 398 404
Income taxes payable 70 60
Installment payments - licenses, short-term   625
Operating lease liability, short-term 101 83
Total current liabilities 37,442 35,175
Term loan, net of discount 25,277 24,879
Operating lease liability, long-term 18 118
Total liabilities 62,737 60,172
Commitments and contingencies (Note 13)
Stockholders' equity    
Additional paid-in capital 130,307 107,094
Accumulated deficit (98,458) (87,027)
Total stockholders' equity 31,852 20,069
Total liabilities and stockholders' equity 94,589 80,241
Common stock    
Stockholders' equity    
Common stock 2 1
Common stock - Class A    
Stockholders' equity    
Common stock $ 1 $ 1