v3.25.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue $ 8,837 $ 3,659 $ 11,957 $ 6,631
Costs and expenses:        
Research and development 6,021 9,420 12,987 19,477
Selling, general and administrative 38,824 19,943 68,886 40,192
Total costs and expenses 46,342 30,856 84,887 62,629
Loss from operations (37,505) (27,197) (72,930) (55,998)
Other income (expense):        
Interest income 1,584 1,855 3,312 3,735
Interest expense (5,658) (3,326) (10,328) (6,488)
Total other expense, net (4,074) (1,471) (7,016) (2,753)
Net loss and comprehensive loss $ (41,579) $ (28,668) $ (79,946) $ (58,751)
Net loss per common share, basic (in dollars per share) $ (0.49) $ (0.38) $ (0.94) $ (0.78)
Net loss per common share, diluted (in dollars per share) $ (0.49) $ (0.38) $ (0.94) $ (0.78)
Weighted average common shares outstanding, basic (in shares) 85,588,108 76,435,831 85,381,563 75,914,869
Weighted average common shares outstanding, diluted (in shares) 85,588,108 76,435,831 85,381,563 75,914,869
Product sales, net        
Revenue $ 6,517   $ 6,517  
Costs and expenses:        
Cost of revenue 205   205  
Service revenue, net        
Revenue 2,320 $ 3,659 5,440 $ 6,631
Costs and expenses:        
Cost of revenue $ 1,292 $ 1,493 $ 2,809 $ 2,960