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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 23,719 $ 30,904
Restricted cash 100 100
Receivables, net of $0.7 million and $0.5 million of allowance for credit losses as of March 31, 2025 and December 31, 2024, respectively 4,157 7,271
Inventories, net 8,114 8,922
Prepaid expenses and other current assets 5,488 5,472
Assets held for sale 3,890 4,835
Total current assets 45,468 57,504
Restricted cash 1,852 2,318
Property and equipment, net 4,460 4,871
Operating right-of-use assets 18,135 19,468
Goodwill 36,124 36,007
Other intangible assets, net 155,791 155,973
Contract assets, net of current portion 8,044 7,848
Other noncurrent assets 701 715
Total assets 270,575 284,704
Current liabilities:    
Accounts payable 9,805 10,672
Deferred revenues, current portion 6,188 9,693
Long-term debt, current portion 762 381
Operating lease liabilities, current portion 6,744 6,624
Other current liabilities and accrued expenses 30,484 28,474
Total current liabilities 53,983 55,844
Deferred revenues, net of current portion 3,781 5,762
Long-term debt, net of current portion 175,572 176,194
Deferred tax liabilities, net 11,808 10,302
Operating lease liabilities, net of current portion 17,233 18,843
Other noncurrent liabilities 1,411 1,837
Total liabilities 263,788 268,782
Commitments and contingencies (Note 12)
Mezzanine equity:    
Series B convertible preferred stock, $0.0001 par value per share, 28,001 shares authorized, 21,000.00001 shares were issued and outstanding as of March 31, 2025; and 28,000.00001 shares were issued and outstanding as of December 31, 2024 18,374 23,861
Redeemable noncontrolling interest (208) (208)
Stockholders’ deficit:    
Common stock, $0.0001 par value per share, 150,000,000 shares authorized, 96,184,498 shares issued and 93,934,569 shares outstanding as of March 31, 2025; 92,110,964 shares issued and 89,861,035 shares outstanding as of December 31, 2024 9 9
Treasury stock, at cost, 2,249,929 shares as of March 31, 2025 and December 31, 2024 (5,445) (5,445)
Additional paid-in capital 724,971 718,797
Accumulated other comprehensive loss (28,196) (27,455)
Accumulated deficit (702,718) (693,637)
Total stockholders’ deficit (11,379) (7,731)
Total liabilities, mezzanine equity and stockholders’ (deficit) equity $ 270,575 $ 284,704