v3.26.1
Segment Reporting
 12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Segment Reporting

14. Segment Reporting

The following table presents financial information with respect to the Company’s single operating segment, including significant segment expenses, which are regularly provided to the CODM and included within consolidated operating loss:

 

 

Year Ended December 31,

 

 

2025

 

 

2024

 

Revenues

 

$

28,508,000

 

 

$

30,776,000

 

Cost of revenue

 

 

15,323,000

 

 

 

30,396,000

 

Operating expenses

 

 

 

 

 

 

Salaries, wages, and benefits

 

 

24,353,000

 

 

 

51,136,000

 

Contracted services

 

 

9,304,000

 

 

 

18,892,000

 

Non-inventory materials

 

 

953,000

 

 

 

2,716,000

 

Consulting

 

 

1,203,000

 

 

 

4,659,000

 

Rent and facilities

 

 

2,553,000

 

 

 

4,095,000

 

Depreciation and amortization

 

 

7,161,000

 

 

 

8,826,000

 

Travel and entertainment

 

 

619,000

 

 

 

1,654,000

 

Administrative and other

 

 

378,000

 

 

 

12,385,000

 

Total operating expenses

 

 

46,524,000

 

 

 

104,363,000

 

Loss from operations

 

$

(33,339,000

)

 

$

(103,983,000

)

Administrative and other primarily includes operating expenses for gain on lease termination/modification, intangible assets and other long-lived assets impairment, changes in fair value of contingent consideration, disposals of property, plant, and equipment, and taxes, interest, and fees.