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Segment Information
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Information Note 14. Segment Information
The Company operates as one operating segment. The Company’s CODM is its Chief Executive Officer, who reviews financial information presented on a consolidated basis. The CODM uses consolidated net loss and net cash used in operations to assess financial performance and allocate resources. These financial metrics are used by the CODM to make key operating decisions, such as the allocation of budget between research and development and selling, general and administrative expenses and determination of cash from financing activities required.
The following table presents selected financial information with respect to the Company’s single operating segment:
Three Months Ended
March 31,
(in thousands)20262025
Service revenue$3,215 $322 
Cost of revenue1,398 — 
Gross profit1,817 322 
Operating expenses:
Research and development expenses4,169 1,915 
Selling, general and administrative expenses6,340 4,592 
Total operating expenses10,509 6,507 
Loss from operations(8,692)(6,185)
Other income (expense), net:
Realized loss on disposal of assets(326)— 
Interest income114 
Interest expense(586)156 
Gain on debt extinguishment— 58 
Other income (expense)10 (205)
Total other income (expense), net(788)13 
Net loss$(9,480)$(6,172)
See the condensed consolidated interim financial statements for other financial information regarding the Company’s operating segment. The Company’s long-lived tangible assets, as well as the Company’s operating ROU assets recognized on the condensed consolidated balance sheets, are located in the United States.