v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 28,488 $ 36,350
Accounts receivable, net 2,068 1,734
Inventory 2,657 2,617
Insurance receivables of litigation costs 5,348 4,846
Prepaid expenses and other current assets 2,030 2,271
Divestiture proceeds receivable 8,000 8,000
Total current assets 48,591 55,818
Property and equipment, net 2,909 2,511
Intangible assets, net 1,260 1,529
Operating lease right-of-use assets and other 2,449 2,492
Total assets 55,209 62,350
Current liabilities:    
Accounts payable 3,870 4,791
Accrued expenses 5,815 4,352
Current portion of revenue interest obligation 5,500 4,400
Contingent liability for legal proceedings 8,016 11,241
Current operating lease liabilities 524 355
Total current liabilities 23,725 25,139
Long-term revenue interest obligation 1,873 2,828
Warrant liability 3,389 3,124
Long-term operating lease liabilities 3,695 3,587
Total liabilities 32,682 34,678
Commitments and contingencies
Stockholders' equity (deficit):    
Additional paid-in capital 206,165 203,842
Accumulated deficit (183,682) (176,213)
Total stockholders' equity 22,527 27,672
Total liabilities and stockholders' deficit 55,209 62,350
Class A Common stock    
Stockholders' equity (deficit):    
Common stock $ 44 $ 43