Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets

v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 88 $ 678
Accounts receivable, net 20,204 20,058
Inventory, net 1,145 1,143
Prepaid expenses and other current assets 3,333 2,615
Current assets in discontinued operations 0 6,143
Total current assets 24,770 30,637
Property, plant and equipment, net 6,567 7,501
Prepaid expenses, net of current portion 135 217
Operating lease right-of-use asset, net 3,994 4,115
Intangible assets, net 9,104 9,750
Goodwill 5,231 5,231
Other assets 310 310
Non-current assets in discontinued operations 0 5,439
TOTAL ASSETS 50,111 63,200
Current liabilities    
Accounts payable 13,326 13,717
Accrued diagnostic services 43 31
Accrued advertising and other allowances 151 151
Finance lease liabilities 1,956 2,147
Operating lease liabilities 1,399 1,214
Short-term loan payable, net of discount of $418 and $237 2,450 3,207
Deferred revenue 1,600 1,698
Income tax payable 1,464 1,987
Other current liabilities 1,663 2,115
Current liabilities in discontinued operations 0 5,867
Total current liabilities 24,052 32,134
Non-current liabilities:    
Due to sellers (see Note 3) 2,000 2,000
Deferred revenue, net of current portion 739 784
Operating lease liabilities, net of current portion 3,695 3,762
Finance lease liabilities, net of current portion 2,673 2,591
Non-current liabilities in discontinued operations 0 2,924
Total non-current liabilities 10,941 23,713
Total liabilities 34,993 55,847
COMMITMENTS AND CONTINGENCIES
Stockholders’ equity    
Preferred stock authorized 1,000,000, $0.0005 par value, no shares issued and outstanding 0 0
Common stock authorized 50,000,000, $0.0005 par value, 41,541,205 and 29,874,029 shares outstanding, respectively 29 23
Additional paid-in capital 119,837 129,921
Subscription receivable (480) 0
Accumulated deficit (54,427) (58,393)
Treasury stock, at cost, 8,692,005 and 12,940,967 shares , respectively (49,643) (64,000)
Accumulated other comprehensive loss (198) (198)
Total stockholders’ equity 15,118 7,353
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 50,111 63,200
JXVII Note    
Non-current liabilities:    
Unsecured promissory notes, net of discount of $127 9,873
ERC Claim    
Non-current liabilities:    
Unsecured promissory notes, net of discount of $127 $ 1,834 $ 1,779