v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 5,412 $ 15,379
Accounts receivable, net of allowance of doubtful accounts of $5,159 and $6,701 respectively 3,951 7,134
Inventory, net 2,670 3,400
Prepaid expenses and other current assets 759 1,243
Total current assets 12,792 27,156
Property and equipment, net 1,367 2,469
Right-of-use asset 950 2,079
Other long-term assets 663 1,109
Total assets 15,772 32,813
Current liabilities:    
Accounts payable 3,568 6,572
Current portion of lease liabilities 398 869
Accrued expenses and other current liabilities 6,409 11,422
Current portion of convertible notes payable 28,070 0
Total current liabilities 38,445 18,863
Warrant liabilities 5,829 4,567
Revenue Interest Financing liability 47,700 49,200
Earn-out liabilities 31 1,090
Convertible notes payable 0 35,710
Lease liabilities, net of current portion 571 1,344
Other liabilities 385 17
Total liabilities 92,961 110,791
Commitments and Contingencies (Note 15)
Stockholders' deficit:    
Preferred stock, $0.0001 par value - 100,000,000 shares authorized as of December 31, 2025; and no shares issued and outstanding as of December 31, 2025 and December 31, 2024
Common stock, $0.0001 par value - 1,000,000,000 shares authorized as of December 31, 2025; 12,279,181 and 2,710,607 shares issued and outstanding as of December 31, 2025 and 2024, respectively 6 3
Additional paid-in capital 168,627 152,596
Accumulated other comprehensive gain (loss) 5,140 (8,370)
Accumulated deficit (250,962) (222,207)
Total stockholders' deficit (77,189) (77,978)
Total liabilities and stockholders' deficit $ 15,772 $ 32,813