v3.26.1
Segments, Geographical Information, Concentrations and Significant Customers - (Tables)
3 Months Ended
Mar. 31, 2026
Segments, Geographical Information, Concentrations and Significant Customers  
Schedule of segment information of revenue, expenses and net income The following table sets forth our segment information of revenue, significant segment expenses and net income (in thousands):

  ​ ​ ​

Three Months Ended March 31,

2026

  ​ ​ ​

2025

Revenue

$

4,400

$

1,472

Less:

Salaries and employee related costs

10,570

8,932

Stock-based compensation

5,890

4,174

Rent and facilities

2,115

1,339

Professional services and legal fees

2,253

2,913

Technology & IT costs

1,374

1,323

Direct and indirect materials

1,538

693

Depreciation and amortization expense

2,615

1,829

Other segment items(1)

(55,064)

(62,350)

Segment net income

$

33,109

$

42,619

(1)Other segment items include interest income, changes in fair value of derivative warrant liabilities and earnout liabilities and other operational expenses which are reflected in the condensed consolidated statements of operations.

Schedule of summary of revenue by geography

The following table presents a summary of revenue by geography (in thousands):

Three Months Ended March 31,

  ​ ​ ​

2026

  ​ ​ ​

2025

United States

$

778

$

385

Europe

592

1,013

Asia and other

3,030

74

Total revenue

$

4,400

$

1,472

Revenue  
Segments, Geographical Information, Concentrations and Significant Customers  
Schedule of concentration of significant customers based on revenue and accounts receivable

Three Months Ended March 31,

  ​ ​ ​

2026

  ​ ​ ​

2025

Customer A

54%

*

Customer B

15%

*

Customer C

*

14%

Customer D

12%

69%

* Customer accounted for less than 10% of revenue in the respective periods.

Accounts receivable  
Segments, Geographical Information, Concentrations and Significant Customers  
Schedule of concentration of significant customers based on revenue and accounts receivable

  ​ ​ ​

March 31, 2026

  ​ ​ ​

December 31, 2025

Customer A

 

12%

20%

Customer B

 

56%

*

Customer C

 

15%

*

Customer D

12%

50%

Customer E

*

24%

* Customer accounted for less than 10% of accounts receivable in the respective periods.