v3.26.1
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 5,056 $ 5,412
Accounts receivable, net of allowance of doubtful accounts of $5,109 and $5,159, respectively 3,475 3,951
Inventory, net 2,061 2,670
Prepaid expenses and other current assets 712 759
Total current assets 11,304 12,792
Property and equipment, net 1,227 1,367
Right-of-use asset 831 950
Other long-term assets 633 663
Total assets 13,995 15,772
Current liabilities:    
Accounts payable 3,065 3,568
Current portion of lease liabilities 441 398
Accrued expenses and other current liabilities 5,202 6,409
Current portion of convertible notes payable 28,550 28,070
Total current liabilities 37,258 38,445
Warrant liabilities 5,096 5,829
Revenue Interest Financing liability 48,800 47,700
Earn-out liabilities 31 31
Lease liabilities, net of current portion 455 571
Other liabilities 265 385
Total liabilities 91,905 92,961
Commitments and Contingencies (Note 15)
Stockholders' deficit:    
Preferred stock, $0.0001 par value - 100,000,000 shares authorized as of March 31, 2026; no shares issued and outstanding as of March 31, 2026 and December 31, 2025
Common stock, $0.0001 par value - 1,000,000,000 shares authorized as of March 31, 2026; 14,994,486 and 12,279,181 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 6 6
Additional paid-in capital 173,011 168,627
Accumulated other comprehensive gain (loss) 6,130 5,140
Accumulated deficit (257,057) (250,962)
Total stockholders' deficit (77,910) (77,189)
Total liabilities and stockholders' deficit $ 13,995 $ 15,772