Segment Information (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of Adjusted Operating Income to Operating Income and Net Income

The following table presents selected financial information with respect to the Company's single operating segment:


	Year Ended December 31,
(In thousands)	2025			2024
Segment Revenue	$	5,243		$	5,120
Other Revenue (1)		3			2,666
Total Revenue		5,246			7,786
Less:
Cost of revenue		2,638			2,393
Research and development		12,471			10,322
General and administrative		13,131			14,013
Sales and marketing		4,043			3,530
Intangible amortization expense		118			—
Other (2)		5,249			4,451
Interest income, net		(1,944	)		(1,244	)
(Gain) loss on warrant liabilities		(37,740	)		46,935
Other income, net		(221	)		(2	)
Income tax benefit (expense)		(2,538	)		5
Net income (loss)	$	10,039		$	(72,617	)

(1)

Other revenue includes revenue from legacy product sales.

(2)

Other for the year ended December 31, 2025, includes $4.4 million of stock-based compensation expenses, $0.2 million of severance charges and $0.6 other non-recurring transactions. Other for the year ended December 31, 2024, includes $1.1 million of cost of revenue from legacy product sales, $2.8 million of stock-based compensation expenses, $0.6 million of other non-recurring or non-cash transactions.