v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 64,586 $ 30,002
Accounts receivable 19,524 12,753
Inventory 39,931 38,482
Prepaid expenses and other current assets 17,432 13,468
Total current assets 141,473 94,705
Restricted cash 4,907 4,907
Property and equipment, net 10,472 10,498
Operating lease right-of-use assets 25,671 26,130
Capitalized software, net 1,836 1,988
Other assets - noncurrent 2,092 1,764
Total assets 186,451 139,992
Current Liabilities    
Accounts payable 5,635 5,872
Accrued and other current liabilities 16,814 15,759
Short-term operating lease liabilities 1,599 2,099
Total current liabilities 24,048 23,730
Long-term operating lease liabilities 28,979 29,564
Warrant liabilities 331 247
Term debt 9,877 9,810
Convertible note 65,094  
Other noncurrent liabilities 1,197 599
Total liabilities 129,526 63,950
Convertible preferred stock 234,996 234,996
Stockholders deficit    
Founders preferred stock
Common stock 1 1
Additional paid-in capital 12,108 9,892
Accumulated other comprehensive loss (80) (72)
Accumulated deficit (190,100) (168,775)
Total stockholders' deficit (178,071) (158,954)
Total liabilities, convertible preferred stock and stockholders' deficit $ 186,451 $ 139,992