v3.26.1
Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue $ 495 $ 517
Operating expenses:    
Cost of goods sold 2,038 147
Research and development 19,462 15,418
General and administrative 7,930 8,136
Total operating expenses 29,430 23,701
Loss from operations (28,935) (23,184)
Other income (expense), net    
Interest income 330 662
Change in fair value of Contingent Earnout Liability 4,732 49,731
Interest expense (2,271) (3,000)
Change in fair value of derivatives 8,525 14,930
Total other income, net 11,316 62,323
Net (loss) income and comprehensive (loss) income $ (17,619) $ 39,139
Net (loss) income per share attributable to common stockholders, basic $ (0.09) $ 0.28
Weighted-average shares outstanding used in computing net (loss) income per share attributable to common stockholders, basic 197,846,786 131,496,877
Net (loss) income per share attributable to common stockholders, diluted $ (0.09) $ 0.28
Weighted-average shares outstanding used in computing net (loss) income per share attributable to common stockholders, diluted 197,846,786 131,759,302
Product [Member]    
Revenue $ 493 $ 147
Operating expenses:    
Cost of goods sold 2,000 100
Contract Revenue [Member]    
Revenue $ 2 $ 370