Annual report [Section 13 and 15(d), not S-K Item 405]

REVISION OF PREVIOUSLY ISSUED CONSOLIDATED FINANCIAL STATEMENTS (Tables)

v3.25.1
REVISION OF PREVIOUSLY ISSUED CONSOLIDATED FINANCIAL STATEMENTS (Tables)
12 Months Ended
Dec. 31, 2024
Revision Of Previously Issued Consolidated Financial Statements  
SCHEDULE OF PREVIOUSLY REPORTED CONSOLIDATED FINANCIAL STATEMENTS

 

Consolidated Balance Sheet

(in thousands)

 

As of December 31, 2023

 

    As Previously     Revision     As  
    Reported     Adjustments     Revised  
Assets                        
Current Assets:                        
Cash and cash equivalents   $ 121,691     $ (22,970 )   $ 98,721  
Marketable securities   $ -     $ 22,970     $ 22,970  
Total Current Assets   $ 221,734     $ -     $ 221,734  
Total Assets   $ 428,519     $ -     $ 428,519  

 

Consolidated Statement of Cash Flows

(in thousands)

 

For The Year Ended December 31, 2023

 

    As Previously     Revision     As  
    Reported     Adjustments     Revised  
Cash Flows From Investing Activities:                        
Proceeds from sale of marketable securities   $ -     $ 16,442     $ 16,442  
Purchase of marketable securities   $ -     $ (39,412 )   $ (39,412 )
Net Cash Used In Investing Activities   $ (13,240 )   $ (22,970 )   $ (36,210 )
Net Increase In Cash and Cash Equivalents and Restricted Cash   $ 85,137     $ (22,970 )   $ 62,167  
Cash and Cash Equivalents and Restricted Cash - Beginning of Year   $ 36,633     $ -     $ 36,633  
Cash and Cash Equivalents and Restricted Cash - End of Year   $ 121,770     $ (22,970 )   $ 98,800  
                         
Cash and cash equivalents and restricted cash consisted of the following:                        
Cash and cash equivalents   $ 121,691     $ (22,970 )   $ 98,721  
Restricted cash   $ 79     $ -     $ 79  
Cash and Cash Equivalents and Restricted Cash - End of Year   $ 121,770     $ (22,970 )   $ 98,800