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Subsequent Events
9 Months Ended
Sep. 30, 2025
Subsequent Events  
Subsequent Events

16. Subsequent Events

 

On October 24, 2025, the Company completed the sale of a significant portion of its intellectual property and certain inventories to Biamp Systems, LLC for $3,000. There were no escrows or holdbacks. The Company estimates $100 of transaction costs. The Company will continue to provide product support and warranty services while it pursues a Strategic Transaction in the fourth quarter of 2025 as further described in Note 1. Any difference between the carrying amount at September 30, 2025 and the final closing amounts will be recognized in the fourth quarter of 2025.