v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net loss $ (13,120) $ (13,766)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 2,916 2,455
Depreciation of property and equipment 205 184
Loss on disposal of equipment 1 0
Amortization of deferred financing costs and loan discount 83 59
Changes in operating assets and liabilities:    
Accounts receivable 1,561 256
Inventory (198) 435
Prepaid expenses and other current assets 129 (270)
Accounts payable (834) 169
Accrued expenses (2,907) (2,289)
Net cash used in operating activities (12,164) (12,767)
Cash flows from investing activities:    
Purchase of property and equipment (122) (114)
Net cash used in investing activities (122) (114)
Cash flows from financing activities:    
Proceeds from the exercise of common stock options 32 417
Net (payments) proceeds from the issuance of common stock (43) 9,198
Proceeds from debt financing 10,000 0
Debt financing costs (1,107) 0
Net cash provided by financing activities 8,882 9,615
Effect of currency exchange on cash and cash equivalents (1) 1
Net change in cash and cash equivalents (3,405) (3,265)
Cash and cash equivalents at beginning of year 75,708 105,933
Cash and cash equivalents at end of period 72,303 102,668
Supplemental Information:    
Cash paid for interest 1,294 1,258
Cash paid for income taxes $ 0 $ 0