v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 98,821 $ 104,550
Accounts receivable, net 36,753 47,401
Inventory 24,397 26,670
Deferred cost of revenue, current portion 1,861 3,068
Prepaid expenses and other current assets 6,742 6,189
Total current assets 168,574 187,878
Property and equipment, net 4,861 5,121
Deferred cost of revenue 46 121
Goodwill 92,339 92,339
Intangible assets, net 18,533 19,501
Other long-term assets 15,883 15,965
Total assets 300,236 320,925
Current liabilities    
Accounts payable 8,550 13,012
Accrued expenses and other current liabilities 9,249 14,040
Deferred revenue, current portion 24,920 32,966
Total current liabilities 42,719 60,018
Deferred revenue 21,368 22,968
Other long-term liabilities 5,475 5,800
Total liabilities 69,562 88,786
Commitments and contingencies (Note 11)
Convertible preferred stock, $0.0001 par value; 50,000 shares authorized as of March 31, 2026 and December 31, 2025; no shares of preferred stock issued and outstanding as of March 31, 2026 and December 31, 2025 0 0
Stockholders' equity    
Class A common stock, $0.0001 par value; 500,000 shares authorized as of March 31, 2026 and December 31, 2025, respectively; 192,271 and 189,677shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 19 19
Additional paid-in capital 648,501 645,051
Accumulated deficit (417,742) (413,294)
Accumulated other comprehensive loss (104) 363
Total stockholders' equity 230,674 232,139
Total liabilities, convertible preferred stock and stockholders' equity $ 300,236 $ 320,925