v3.25.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue:    
Total revenue $ 4,205 $ 3,066
Cost of revenue:    
Total cost of revenue 2,144 1,705
Gross profit 2,061 1,361
Operating expenses:    
Research and development 11,350 12,265
Selling, general and administrative 11,442 14,288
Total operating expenses 22,792 26,553
Loss from operations (20,731) (25,192)
Other income (expense):    
Interest income 3,217 4,586
Loss on equity method investment (1,575) (0)
Other expense (758) (73)
Total other income 884 4,513
Loss before provision for income taxes (19,847) (20,679)
Provision for income taxes 101 0
Net loss (19,948) (20,679)
Other comprehensive loss:    
Unrealized gain (loss) on available-for-sale securities 169 (329)
Comprehensive loss (19,779) (21,008)
Nonrelated Party | Product    
Revenue:    
Total revenue 2,890 1,668
Cost of revenue:    
Total cost of revenue 1,374 991
Nonrelated Party | Service    
Revenue:    
Total revenue 1,203 408
Cost of revenue:    
Total cost of revenue 531 269
Nonrelated Party | Other    
Revenue:    
Total revenue 60 36
Cost of revenue:    
Total cost of revenue 169 133
Related Party | Product    
Revenue:    
Total revenue 52 954
Cost of revenue:    
Total cost of revenue 70 312
Class A and Class B Common Stockholder    
Other income (expense):    
Net loss $ (19,948) $ (20,679)
Other comprehensive loss:    
Net loss per share attributable to common shareholders, basic (in usd per share) $ (0.34) $ (0.32)
Net loss per share attributable to common shareholders, diluted (in usd per share) $ (0.34) $ (0.32)
Weighted-average common shares outstanding, basic 59,408,711 64,586,056
Weighted-average common shares outstanding, diluted 59,408,711 64,586,056