v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Cash flows from operating activities:      
Net income (loss) $ (5,009) $ (1,689)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 6,801 5,530  
Write-off of inventory and change in inventory reserve 60 2  
Loss on disposal of property and equipment 184 321  
Stock-based compensation 5,587 4,879  
Amortization of debt issuance costs 282 0  
Amortization of premium on marketable securities, net of change in accrued interest 168 71  
Non-cash lease expense 432 424  
Change in allowance for expected credit losses 0 41  
Change in fair value of earn-out liability (374) (8,976)  
Change in fair value of contingently issuable/returnable common stock liability/asset (1,492) (1,653)  
Change in fair value of public warrant liability (2,044) (1,721)  
Changes in operating assets and liabilities      
Accounts receivable (11,872) (6,124)  
Inventory 1,657 7,172  
Commission assets 557 203  
Contract assets (318) (321)  
Other assets 265 82  
Prepaid expenses and other current assets (1,883) (3,859)  
Accounts payable 7,614 2,780  
Deferred revenue 710 500  
Accrued expenses and other current liabilities (4,167) (71)  
Operating lease liability (337) (130)  
Net cash used in operating activities (3,179) (2,539)  
Cash flows from investing activities:      
Development of internal-use software (1,223) (1,556)  
Purchases of property and equipment (3,742) (12,730)  
Purchases of marketable securities 0 (9,875)  
Proceeds from maturities of marketable securities 14,725 14,800  
Net cash provided by (used in) investing activities 9,760 (9,361)  
Cash flows from financing activities:      
Proceeds from exercise of stock options 322 20  
Net cash provided by financing activities 322 20  
Effect of exchange rate changes on cash and cash equivalents 28 (46)  
Net increase (decrease) in cash and cash equivalents 6,931 (11,926)  
Cash and cash equivalents      
Cash and cash equivalents at beginning of period 49,150 37,015 $ 37,015
Cash and cash equivalents at end of period 56,081 25,089 $ 49,150
Supplemental disclosure of cash flow information      
Cash paid for interest 446 1  
Supplemental disclosure of non-cash activities      
Transfer of property and equipment to inventory 656 564  
Capital expenditures incurred but not yet paid 6,403 3,098  
Capitalization of stock compensation $ 323 $ 247