v3.25.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Revenue, net $ 5,246 $ 7,786
Operating expenses:    
Cost of revenue (exclusive of items shown separately below) 2,690 3,488
Research and development 12,899 10,437
General and administrative 17,199 16,842
Sales and marketing 4,744 4,134
Intangible amortization expense 118 0
Asset write-down and restructuring 0 (192)
Goodwill impairment 0 0
Total operating expenses 37,650 34,709
Loss from operations (32,404) (26,923)
Interest income, net 1,944 1,244
Gain (loss) on warrant liabilities 37,740 (46,935)
Other income, net 221 2
Income (loss) before income tax expense 7,501 (72,612)
Income tax benefit (expense) 2,538 (5)
Net income (loss) $ 10,039 $ (72,617)
Net income (loss) per share    
Basic net income (loss) per share $ 0.26 $ (2.71)
Diluted net income (loss) per share $ 0.24 $ (2.71)
Weighted-average shares used in computing net income (loss) per share    
Weighted average shares outstanding, Basic 38,841,116 26,774,895
Weighted average shares outstanding, Diluted 42,125,932 26,774,895