Summary of Segment Information |
The Company’s segment information is summarized as follows:
| | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended June 30, | | For the Six Months Ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | Product revenue | $ | 14,055 | | | $ | 597 | | | $ | 23,982 | | | $ | 7,097 | | Service revenue | 1,181 | | | 301 | | | 1,711 | | | 402 | | Total revenue | 15,236 | | | 898 | | | 25,693 | | | 7,499 | | Less: | | | | | | | | Cost of goods sold | 46,189 | | | 14,121 | | | 81,185 | | | 42,350 | | Gross profit (loss) | (30,953) | | | (13,223) | | | (55,492) | | | (34,851) | | Less: | | | | | | | | Research and development | 7,201 | | | 4,250 | | | 14,038 | | | 9,450 | | General and administrative | 25,488 | | | 11,293 | | | 46,483 | | | 25,535 | | Other segment items(a) | 159,295 | | | (594) | | | 91,788 | | | 5,044 | | Net income (loss) | $ | (222,937) | | | $ | (28,172) | | | $ | (207,801) | | | $ | (74,880) | |
(a) Other segment items include loss from write-down of property, plant and equipment, interest expense, net, change in fair value of debt, change in fair value of warrants, change in fair value of derivatives, (Loss) gain on debt extinguishment and costs related to the credit and securities purchase transaction.
|
Additional Segment Financial Information |
Additional segment financial information is summarized as follows: | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended June 30, | | For the Six Months Ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | Segment assets | $ | 360,995 | | | $ | 248,776 | | | $ | 360,995 | | | $ | 248,776 | | Depreciation and amortization | $ | 2,935 | | | $ | 1,371 | | | $ | 5,615 | | | $ | 2,568 | | Interest income | $ | 851 | | | $ | 131 | | | $ | 1,665 | | | $ | 271 | | Interest expense | $ | 7,490 | | | $ | 8,558 | | | $ | 14,249 | | | $ | 17,816 | | Capital expenditures | $ | 7,041 | | | $ | 6,249 | | | $ | 11,959 | | | $ | 10,291 | |
|