v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 56,081 $ 49,150
Marketable securities 4,992 19,885
Accounts receivable, net of allowance for expected credit losses of $600 as of March 31, 2026 and December 31, 2025 42,713 30,841
Inventory 8,256 9,317
Current portion of contract assets 1,199 878
Current portion of commission asset 5,644 6,062
Prepaid expenses and other current assets 33,094 35,169
Total current assets 151,979 151,302
Contract assets, noncurrent 12 15
Commission asset, noncurrent 7,728 7,867
Property and equipment, net 127,839 127,522
Operating lease right-of-use assets 11,871 12,303
Other assets 5,210 5,400
Total assets 304,639 304,409
Current liabilities:    
Accounts payable 17,089 9,770
Accrued expenses and other current liabilities 30,345 35,293
Current portion of deferred revenue 75,314 74,924
Current portion of operating lease liabilities 3,116 2,989
Total current liabilities 125,864 122,976
Deferred revenue, noncurrent 17,036 16,716
Long-term debt 28,665 28,596
Operating lease liabilities, noncurrent 10,190 10,654
Contingent earn-out liability, noncurrent 0 374
Contingently issuable common stock liability, noncurrent 392 1,809
Public warrant liability, noncurrent 1,818 3,862
Total liabilities 183,965 184,987
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 100,000,000 authorized at March 31, 2026 and December 31, 2025; no shares issued and outstanding at March 31, 2026 and December 31, 2025 0 0
Common stock, $0.0001 par value; 1,100,000,000 shares authorized at March 31, 2026 and December 31, 2025; 179,458,233 and 175,399,488 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 18 18
Additional paid-in capital 513,580 507,347
Accumulated other comprehensive loss (113) (141)
Accumulated deficit (392,811) (387,802)
Stockholders’ equity 120,674 119,422
Total liabilities and stockholders’ equity $ 304,639 $ 304,409