XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 12,776 $ 32,412
Short-term investments 46,120 20,821
Accounts receivable 13,942 10,890
Inventories 7,132 6,933
Prepaid expenses and other current assets 4,379 2,704
Total current assets 84,349 73,760
Property, plant and equipment, net 1,954 1,790
Right-of-use assets 1,016 1,039
Total assets 87,319 76,589
Current liabilities    
Accounts payable 1,619 961
Accrued expenses 3,558 5,078
Lease liabilities, current 110 105
Total current liabilities 5,287 6,144
Lease Liabilities, non-current 906 933
Other liabilities, non-current 896 766
Total liabilities 7,089 7,843
Commitments and contingencies (see Note 12)
Stockholders’ equity    
Preferred stock, $0.01 par value; 10,000,000 shares authorized; 14,192 and 14,192 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 0 0
Common stock, $0.01 par value; 80,000,000 shares authorized; 33,436,612 shares and 33,061,002 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 334 331
Additional paid-in capital 609,994 599,881
Accumulated deficit (530,479) (531,548)
Accumulated other comprehensive income 381 82
Total stockholders’ equity 80,230 68,746
Total liabilities and stockholders’ equity $ 87,319 $ 76,589