v3.25.2
Unaudited Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 30,033 $ 22,036
Accounts receivable, net 14,272 7,835
Prepaid expenses and other current assets 6,681 6,584
Total current assets 50,986 36,455
Property and equipment, net 4,582 5,283
Operating lease right-of-use assets 1,929 2,401
Other assets 1,263 550
Total assets 58,760 44,689
Current liabilities:    
Accounts payable 2,510 4,137
Accrued and other current liabilities 4,942 7,117
Deferred revenue 1,016 733
Operating lease liabilities, current 1,160 1,096
Borrowings, current 667 423
Total current liabilities 10,295 13,506
Borrowings, non-current, net of discounts and debt issuance costs 22,310 19,822
Operating lease liabilities, non-current 1,067 1,664
Warrant liability 3,963 0
Other liabilities, non-current 91 157
Total liabilities 37,726 35,149
Commitments and contingencies (Note 5)
Stockholders' equity:    
Preferred stock, $0.001 par value per share; 10,000,000 shares authorized, no shares issued or outstanding as of June 30, 2025 and December 31, 2024 0 0
Common stock, $0.001 par value per share; 200,000,000 shares authorized as of June 30, 2025 and December 31, 2024; 21,998,739 and 17,640,328 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 22 18
Additional paid-in capital 323,534 303,853
Accumulated deficit (302,522) (294,331)
Total stockholders' equity 21,034 9,540
Total liabilities and stockholders' equity $ 58,760 $ 44,689