
	December 31, 2024
	As previously report			Restatement adjustments		Reference	As restated
Assets
Current assets:
Cash and cash equivalents	$	20,381		$	—		$	20,381
Restricted cash	222			—			222
Accounts receivable, net of allowance for credit losses of $99	61,373			—			61,373
Manufacturing inventories	18,861			—			18,861
Service parts inventories	1,884			—			1,884
Prepaid expenses	2,569			—			2,569
Other current assets	8,538			—			8,538
Total current assets	113,828		—	—			113,828
Property and equipment, net	11,268			—			11,268
Goodwill	12,969			—			12,969
Intangible assets, net	509			—			509
Right-of-use assets	8,670			—			8,670
Other long-term assets	20,812			—			20,812
Total assets	$	168,056		—			$	168,056
Liabilities and Stockholders’ Deficit
Current liabilities:
Accounts payable	$	34,704		—			$	34,704
Accrued compensation	11,702			—			11,702
Deferred revenue, current portion	69,916			(3,154)		a, b	66,762
Term debt	98,609			—			98,609
Revolving credit facility	37,500			—			37,500
Warrant liabilities	34,005			—			34,005
Other accrued liabilities	19,108			—			19,108
Total current liabilities	305,544			(3,154)			302,390
Deferred revenue, net of current portion	35,350			4,721		a, b	40,071


Operating lease liabilities	9,067			—			9,067
Other long-term liabilities	13,150			—			13,150
Total liabilities	363,111			1,567			364,678
Commitments and contingencies
Stockholders' deficit
Preferred stock, 20,000 shares authorized; no shares issued and outstanding	—			—			—
Common stock, $0.01 par value; 225,000 shares authorized; 5,307 and 4,792 shares issued and outstanding	53			—			53
Additional paid-in capital	740,521			—			740,521
Accumulated deficit	(933,160)			(1,567)		a, b	(934,727)
Accumulated other comprehensive loss	(2,469)			—			(2,469)
Total stockholders’ deficit	(195,055)			(1,567)			(196,622)
Total liabilities and stockholders’ deficit	$	168,056		—			$	168,056


	FY 2025
	Three Months Ended December 31							Nine Months Ended December 31
	As previously report		Adjustments		Reference	As restated		As previously report		Adjustments		Reference	As restated
Revenue:
Product	$	38,610	$	24	b	$	38,634	$	116,389	$	4,176	b	$	120,565
Service and subscription	31,615		(3,891)		a, b	27,724		90,383		(5,743)		a, b	84,640
Royalty	2,326		—			2,326		7,592		—			7,592
Total revenue	72,551		(3,867)			68,684		214,364		(1,567)			212,797
Cost of revenue:
Product	30,922		—			30,922		93,251		—			93,251
Service and subscription	9,874		—			9,874		33,954		—			33,954
Total cost of revenue	40,796		—			40,796		127,205		—			127,205
Gross profit	31,755		(3,867)			27,888		87,159		(1,567)			85,592
Operating expenses:
Sales and marketing	12,448		—			12,448		39,321		—			39,321
General and administrative	14,142		—			14,142		49,186		—			49,186
Research and development	7,683		—			7,683		24,255		—			24,255
Restructuring charges	1,342		—			1,342		2,916		—			2,916
Total operating expenses	35,615		—			35,615		115,678		—			115,678
Loss from operations	(3,860)		(3,867)			(7,727)		(28,519)		(1,567)			(30,086)
Other income (expense), net	967		—			967		(408)		—			(408)
Interest expense	(6,840)		—			(6,840)		(16,761)		—			(16,761)
Change in fair value of warrant liabilities	(61,630)		—			(61,630)		(56,414)		—			(56,414)
Loss on debt extinguishment	—		—			—		(3,003)		—			(3,003)
Net loss before income taxes	(71,363)		(3,867)			(75,230)		(105,105)		(1,567)			(106,672)
Income tax provision	70		—			70		675		—			675
Net loss	$	(71,433)	$	(3,867)		$	(75,300)	$	(105,780)	$	(1,567)		$	(107,347)

Net loss per share - basic and diluted	$	(14.56)	$	(0.79)		$	(15.35)	$	(21.90)	$	(0.32)		$	(22.22)

Weighted average shares - basic and diluted	4,907		—			4,907		4,831		—			4,831


Net loss	$	(71,433)	$	(3,867)		$	(75,300)	$	(105,780)	$	(1,567)		$	(107,347)
Foreign currency translation adjustments, net	(1,077)		—			(1,077)		(276)		—			(276)
Total comprehensive loss	$	(72,510)	$	(3,867)		$	(76,377)	$	(106,056)	$	(1,567)		$	(107,623)


	Nine Months Ended December 31, 2024
	As previously reported		Restatement adjustments		Reference	As restated
Operating activities
Net loss	$	(105,780)	$	(1,567)		$	(107,347)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation and amortization	4,440		—			4,440
Amortization of debt issuance costs	3,704		—			3,704
Non-cash lease expense	1,342		—			1,342
Loss on debt extinguishment	3,003		—			3,003
Provision for product and service inventories	1,165		—			1,165
Stock-based compensation	2,376		—			2,376
Paid in kind interest	3,515		—			3,515
Change in fair value of warrant liabilities	56,408		—			56,408
Other non-cash	(281)		—			(281)
Changes in assets and liabilities:			—			—
Accounts receivable, net	6,337		—			6,337
Manufacturing inventories	(2,347)		—			(2,347)
Service parts inventories	7,972		—			7,972
Prepaid expenses	(382)		—			(382)
Operating lease liabilities	(813)		—			(813)
Accounts payable	9,406		—			9,406
Accrued compensation	(6,512)		—			(6,512)
Deferred revenue	(11,421)		1,567		a, b	(9,854)
Other current assets	1,243		—			1,243

Other current liabilities	6,280		—			6,280

Net cash used in operating activities	(20,345)		—			(20,345)
Investing activities


Purchases of property and equipment	(4,324)		—			(4,324)



Net cash used in investing activities	(4,324)		—			(4,324)
Financing activities
Borrowings of long-term debt, net of debt issuance costs	25,000		—			25,000
Repayments of long-term debt	(14,092)		—			(14,092)
Borrowings of credit facility	311,135		—			311,135
Repayments of credit facility	(302,628)		—			(302,628)




Net cash provided by financing activities	19,415		—			19,415
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(3)		—			(3)
Net change in cash, cash equivalents and restricted cash	(5,257)		—			(5,257)
Cash, cash equivalents, and restricted cash at beginning of period	25,860		—			25,860
Cash, cash equivalents, and restricted cash at end of period	$	20,603	$	—		$	20,603
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the statement of cash flows:
Cash and cash equivalents	20,381		—			20,381
Restricted cash, current	222		—			222

Cash, cash equivalents and restricted cash at the end of period	$	20,603	$	—		$	20,603
Supplemental disclosure of cash flow information
Cash paid for interest	$	8,841	$	—		$	8,841
Cash paid for income taxes, net	$	1,798	$	—		$	1,798
Non-cash transactions
Purchases of property and equipment included in accounts payable	$	88	$	—		$	88



Right-of-use assets obtained in exchange for new lease liabilities	$	538	$	—		$	538
Paid-in-kind interest	$	3,515	$	—		$	3,515


	Common Stock			Additional Paid-in Capital		Accumulated Deficit		Accumulated Other Comprehensive Loss		Total Stockholders' Deficit
Three Months Ended	Shares	Amount








Balance, September 30, 2024, As Revised	4,792	$	48	$	709,667	$	(859,427)	$	(1,392)	$	(151,104)
Net loss	—	—		—		(75,300)		—		(75,300)
Foreign currency translation adjustments, net	—	—		—		—		(1,077)		(1,077)
Shares issued under employee incentive plans, net	109	1		(1)		—		—		—
Warrants exercised related to long-term debt	406	4		30,119		—		—		30,123
Stock-based compensation	—	—		736		—		—		736
Balance, December 31, 2024, As Restated	5,307	$	53	$	740,521	$	(934,727)	$	(2,469)	$	(196,622)


	Common Stock			Additional Paid-in Capital		Accumulated Deficit		Accumulated Other Comprehensive Loss		Total Stockholders' Deficit
Nine Months Ended	Shares	Amount














Balance, March 31, 2024	4,792	$	48	$	708,027	$	(827,380)	$	(2,193)	$	(121,498)
Net loss	—	—		—		(107,347)		—		(107,347)
Foreign currency translation adjustments, net	—	—		—		—		(276)		(276)

Shares issued under employee incentive plans, net	109	1		(1)		—		—		—
Warrants exercised related to long-term debt	406	4		30,119		—		—		30,123
Stock-based compensation	—	—		2,376		—		—		2,376
Balance, December 31, 2024 As Restated	5,307	$	53	$	740,521	$	(934,727)	$	(2,469)	$	(196,622)