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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating Activities    
Net income $ 5,310 $ 14,473
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 1,413 27
Equity in loss of unconsolidated affiliate 38  
Depreciation and amortization 1,176 643
Noncash lease expense 400 320
Deferred income taxes, net (491) (410)
Bad debt expense and other non-cash items 25 99
Accrued interest on certificates of deposit 189 (486)
Change in fair value of long-term receivable (39) (117)
Change in fair value of derivative liabilities 39 117
Change in fair value of warrant liability (2,467) (7,201)
Loss on disposal of property and equipment 1 68
Changes in operating assets and liabilities:    
Notes receivable 3,879 84
Accounts and note receivables (4,966) (3,361)
Inventories (2,495) (1,385)
Prepaid and other assets (95) (2,181)
Income tax payable (1,753) (2,766)
Accounts payable (37) (83)
Accrued expenses and other liabilities 2,079 (2,038)
Operating lease liabilities (272) 1,588
Net proceeds from CVR liability settlement 25  
Net cash provided by (used in) operating activities 1,959 (2,609)
Investing Activities    
Acquisition of intangible assets (722)  
Purchase of certificates of deposit (11,184) (14,074)
Purchase of property and equipment (378) (1,687)
Proceeds from sale of equipment 19 268
Maturity of certificates of deposit 11,190  
Net cash used in investing activities (1,075) (15,493)
Financing Activities    
Offering costs paid (1,802) (119)
Proceeds from the exercise of stock options 1,988 933
Net cash provided by financing activities 23,695 814
Effect of exchange rate changes on cash and cash equivalents 99 (124)
Net increase (decrease) in cash and cash equivalents 24,678 (17,412)
Cash and cash equivalents at beginning of the period 11,813 33,509
Cash and cash equivalents at end of the period 36,491 16,097
Supplemental Disclosure of Non-Cash Financing and Investing Activities:    
Convertible preferred stock conversion 0 64,525
Right-of-use asset obtained in exchange for operating lease liabilities 62 1,914
Supplemental Disclosure of Cash Flow Information:    
Cash paid for income taxes 3,806 $ 7,220
Public Offering    
Financing Activities    
Proceeds from the issuance of common stock 23,000  
ATM program    
Financing Activities    
Proceeds from the issuance of common stock $ 509