Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2026

A reconciliation of segment loss to net loss was as follows (in thousands):


	Three Months Ended March 31,
	2026		2025
Revenues	$	10,133	$	9,599
Cost of revenues	4,177		1,678
Gross profit	5,956		7,921

Pre-production manufacturing	44,501		22,731
General and administrative	27,680		18,892
Research and development	26,728		28,463
Other segment items(1)	4,293		2,553
Segment loss	(97,246)		(64,718)

Unallocated items:
Depreciation and amortization	6,151		5,121
Stock-based compensation	23,416		7,307
Warrant expense	5,634		—
Other unallocated items(2)	(10,138)		1,132
Net loss	$	(122,309)	$	(78,278)

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(1)Includes selling, marketing, shipping and freight expenses.

(2)Includes of loss on disposal of property and equipment, interest income/expense, IPO costs and provision for income taxes.