v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 53,629 $ 116,854
Accounts receivable, net of allowance for expected credit losses ($756 and $360, respectively) 20,545 24,059
Inventory 22,362 26,773
Prepaid expenses 2,689 2,756
Other current assets 2,029 2,022
Total current assets 101,254 172,464
Property and equipment, net 14,454 17,713
Intangible assets, net 19,717 17,128
Right-of-use assets 30,562 36,884
Other assets 2,929 3,763
Total assets 168,916 247,952
Current liabilities    
Accounts payable 16,338 13,235
Accrued expenses 8,623 9,840
Deferred revenue 9,098 8,779
Short-term settlement payable (Note 15) 1,000 0
Lease liabilities 5,771 7,368
Other current liabilities 0 1,526
Total current liabilities 40,830 40,748
Long-term deferred revenue 4,609 6,083
Long-term settlement payable (Note 15) 4,353 0
Contingent earnout liability 5,037 1,379
Long-term lease liabilities 26,873 35,771
Other liabilities 711 2,361
Total liabilities 82,413 86,342
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.0001 par value; 100,000,000 shares authorized at December 31, 2024 and December 31, 2023; no shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively 0 0
Common stock, $0.0001 par value; 1,000,000,000 shares authorized at December 31, 2024 and December 31, 2023; 20,643,599 and 19,858,127 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively 21 19
Additional paid-in capital 378,431 366,281
Accumulated deficit (290,230) (204,664)
Accumulated other comprehensive loss (1,719) (26)
Total stockholders' equity 86,503 161,610
Total liabilities and stockholders' equity $ 168,916 $ 247,952

Source

PDF HTML
10-K Filing
ZIP XLS HTML
XBRL