v3.26.1
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating Activities:    
Net loss $ (6,095) $ (1,501)
Adjustments to reconcile net loss to net cash used in operating activities:    
Non-cash lease expense 119 212
Depreciation and amortization 171 203
Stock-based compensation 638 897
Provision for uncollectible accounts   72
Unrealized exchange (gain) loss 90 (335)
Provision for inventory 433 25
Change in fair value of warrant liabilities (4,324) (5,669)
Warrant Inducement expense 4,145  
Change in fair value of debt 750 (3,330)
Change in fair value of Revenue Interest Financing 1,820 3,820
Change in fair value of earn-out liabilities 0 (910)
Change in fair value of Share Obligation (120) 700
Issuance costs associated with warrants recorded at fair value 222 1,137
Changes in operating assets and liabilities:    
Accounts receivable 365 (883)
Inventory 176 22
Prepaid expenses, other current and long-term assets 172 147
Lease liabilities (73) (199)
Accounts payable (347) (2,409)
Accrued expenses and other current liabilities (1,363) (1,468)
Net cash used in operating activities (3,221) (9,469)
Financing Activities:    
Proceeds from equity offerings, net of issuance costs   14,499
Proceeds from warrant inducement, net of issuance costs 2,866  
Net cash provided by financing activities 2,866 14,499
Net increase (decrease) in cash and cash equivalents and restricted cash (355) 5,030
Cash and cash equivalents and restricted cash at beginning of period 5,742 15,718
Cash and cash equivalents and restricted cash at end of period 5,387 20,748
Supplemental cash flow information on non-cash investing and financing activities    
Deferred financing costs in accounts payable and accrued expenses 155 921
Change in fair value of RTW Convertible Notes through OCI 270 1,420
Change in fair value of Revenue Interest Financing through OCI $ 720 $ 3,020