v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities    
Net income (loss) $ (3,336) $ 3,025
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 185 119
Stock-based compensation 3,490 1,657
Provision for credit losses (25) 64
Common stock warrant liability adjustment (2,625) (6,687)
Amortization of debt financing costs 371 659
Other adjustments, net 61 203
Changes in assets and liabilities:    
Accounts receivable 3,197 (4,453)
Prepaid expenses and other assets (607) (619)
Inventory (2,905) (1,408)
Accounts payable and accrued and other expenses (2,955) 1,520
Lease liabilities (18) (48)
Deferred revenue 118 42
Other, net 0 1
Net cash used in operating activities (5,049) (5,925)
Cash flows from investing activities    
Purchase of property and equipment (15) (4)
Purchase of intangible assets (31) 0
Capitalized internal-use software development costs (369) (106)
Net cash used in investing activities (415) (110)
Cash flows from financing activities    
Proceeds from short-term borrowings 14,181 13,424
Payments of short-term borrowings (8,025) (11,491)
Payments of long-term borrowings (754) 0
Employee taxes paid related to vesting and settlement of stock-based awards (3,141) (395)
Proceeds related to the issuance of common stock under stock plans 3,043 395
Issuance costs paid 0 (16)
Warrant exchange transaction costs paid (27) 0
Other, net 185 97
Net cash provided by financing activities 5,462 2,014
Net change in cash, cash equivalents, and restricted cash (2) (4,021)
Cash, cash equivalents, and restricted cash at beginning of period 41,011 20,631
Cash, cash equivalents, and restricted cash at end of period 41,009 16,610
Supplemental disclosure of non-cash investing and financing activities:    
Cash paid for interest 358 357
Accretion on preferred stock and redeemable common stock 861 869
Warrant exchange transaction costs in accounts payable 14 0
Conversion of redeemable common stock to common stock 2,439 0
Purchases of property and equipment included in accounts payable 451 26
Purchases of intangible assets included in accounts payable 50 33
Equity issuance costs included in accounts payable and accrued liabilities 0 260
Stock-based compensation for software development $ 52 $ 27