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 loss $ (7,959) $ (8,121)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 1,346 844
Stock-based compensation 5,511 4,313
Amortization of deferred income (291) (291)
Loss from equity method investment, net of tax 2,989 815
Deferred income taxes (4,103) 0
Net accretion of discounts on available-for-sale securities (47) (128)
Other, net (86) 183
Changes in operating assets and liabilities:    
Accounts receivable, net 5,904 10,339
Prepaid expenses and other assets (739) (911)
Accounts payable (834) (308)
Accrued expenses and other liabilities (6,341) (1,977)
Deferred revenue (2,412) (1,898)
Net cash (used in) provided by operating activities (7,062) 2,860
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (295) (183)
Purchases of available-for-sale securities (10,352) (8,738)
Proceeds from maturities of available-for-sale securities 5,778 8,800
Payments for business combination, net of cash acquired (11,179) 0
Net cash used in investing activities (16,048) (121)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments under vendor financing arrangements (337) (227)
Proceeds from exercise of stock options 349 148
Proceeds from issuance of common stock under the at-the-market agreement, net of commissions and offering costs 844 0
Other financing activities 26 27
Net cash provided by (used in) financing activities 882 (52)
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (22,228) 2,687
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 34,250 14,072
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 12,022 16,759
Cash, cash equivalents and restricted cash at end of period:    
Cash and cash equivalents 11,674 16,371
Restricted cash, current 97 98
Restricted cash, noncurrent 251 290
Noncash activities:    
Equity consideration issued for Cycuity, Inc. (Cycuity) acquisition 19,016 0
Operating lease right-of-use assets, exchanged for lease obligations 1,539 746
Accrued offering costs $ 296 $ 0