v3.25.4
Consolidated balance sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 20,030 $ 16,911
Short-term investments 18,266 33,821
Accounts receivable 3,134 7,519
Inventory, net 17,593 20,200
Prepaid expenses and other current assets 2,145 2,466
Total current assets 61,168 80,917
Property and equipment, net 8,972 11,193
Right-of-use assets 4,109 5,163
Other long-term assets 319 531
Restricted cash 284 365
Total assets 74,852 98,169
Current liabilities:    
Accounts payable 4,139 2,535
Accrued expenses and other current liabilities 8,316 7,217
Deferred revenue 4,734 6,599
Lease liabilities, short-term 1,298 1,214
Total current liabilities 18,487 17,565
Notes payable, net 18,902 0
Warrant liability 186 0
Lease liabilities, long-term 3,674 4,954
Other long-term liabilities 397 298
Total liabilities 41,646 22,817
Commitments and contingencies (Note 14)
Stockholders’ equity:    
Preferred stock 0 0
Additional paid-in capital 555,147 550,157
Accumulated deficit (522,397) (475,274)
Accumulated other comprehensive income 11 39
Total stockholders’ equity 33,206 75,352
Total liabilities and stockholders’ equity 74,852 98,169
Class A Common stock    
Stockholders’ equity:    
Common stock 400 377
Class B Common stock    
Stockholders’ equity:    
Common stock $ 45 $ 53