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

CONSOLIDATED BALANCE SHEETS

v3.25.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 20,305 $ 27,439
Accounts receivable, net of reserves 10,231 15,222
Inventory 14,431 10,206
Prepaid expenses and other current assets 3,212 3,588
Total current assets 48,179 56,455
Intangible assets, net 31,863 20,287
Operating lease right-of-use asset, net 199 101
Other assets   6
Total assets 80,241 76,849
Current liabilities    
Accounts payable 16,050 18,149
Due to related party $ 528 $ 195
Other Liability, Current, Related Party, Type [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember
Accrued expenses $ 17,425 $ 20,350
Accrued interest 404 22
Income taxes payable 60 53
Installment payments - licenses, short-term 625 3,000
Operating lease liability, short-term 83 99
Total current liabilities 35,175 41,868
Term loan, net of discount 24,879 14,622
Installment payments - licenses, long-term 0 0
Operating lease liability, long-term 118 9
Total liabilities 60,172 56,499
Commitments and contingencies (Note 13)
Stockholders' equity    
Additional paid-in capital 107,094 92,703
Accumulated deficit (87,027) (72,355)
Total stockholders' equity 20,069 20,350
Total liabilities and stockholders' equity 80,241 76,849
Common stock    
Stockholders' equity    
Common stock 1 1
Common Stock Class A    
Stockholders' equity    
Common stock $ 1 $ 1