v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Total revenues $ 477 $ 5,430
Cost of revenues (exclusive of depreciation and amortization shown separately below) 337 5,317
Operating expenses:    
Research and development 2,758 3,301
General and administrative 12,708 10,111
Depreciation and amortization 1,185 2,714
Impairment of assets 0 16,610
Total operating expenses 16,651 32,736
Loss from operations (16,511) (32,623)
Other income (expenses):    
Investment income 611 1,206
Interest expenses (16) (48)
Loss in fair value of derivatives 0 (38)
Gain in fair value of common stock warrants liability 78 2,778
Gain in fair value of earnout liability 0 2,462
Loss in fair value of convertible notes (1,890) 0
Other income (expenses), net 78 (119)
Total other income, net (1,139) 6,241
Loss before income tax provision (17,650) (26,382)
Income tax provision 0 (59)
Net loss (17,650) (26,441)
Other comprehensive (loss) income:    
Unrealized (loss) gain on marketable securities (32) 159
Foreign currency translation adjustment (498) 236
Total other comprehensive (loss) income (530) 395
Total comprehensive loss $ (18,180) $ (26,046)
Net loss per share, basic (in dollars per share) $ (3.28) $ (5.40)
Net loss per share, diluted (in dollars per share) $ (3.28) $ (5.40)
Weighted-average common shares outstanding, basic (in shares) 5,377,854 4,895,078
Weighted-average common shares outstanding, diluted (in shares) 5,377,854 4,895,078
Products    
Revenues:    
Total revenues $ 477 $ 5,430