v3.26.1
Condensed Consolidated Statements of Mezzanine Equity and Stockholders’ Deficit (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Accumulated Other Comprehensive Income (Loss)
Additional Paid in Capital
Accumulated Deficit
Beginning balance at Dec. 31, 2024 [1] $ 344,986        
Beginning balance (in shares) at Dec. 31, 2024 [1] 62,425,315        
Ending balance at Mar. 31, 2025 [1] $ 344,986        
Ending balance (in shares) at Mar. 31, 2025 [1] 62,425,315        
Beginning balance at Dec. 31, 2024 $ (114,067) $ 2 $ 12 $ 34,433 $ (148,514)
Beginning balance (in shares) at Dec. 31, 2024   3,831,787      
Increase (Decrease) in Stockholders' Equity          
Stock-based compensation 830     830  
Reclassification of warrant liability 0        
Exercise of stock options 25     25  
Exercise of stock options (in shares)   25      
Other comprehensive loss (6)   (6)    
Net loss (1,591)       (1,591)
Ending balance (in shares) at Mar. 31, 2025   3,831,812      
Ending balance at Mar. 31, 2025 (114,809) $ 2 6 35,288 (150,105)
Beginning balance at Dec. 31, 2025 [1] $ 447,586        
Beginning balance (in shares) at Dec. 31, 2025 [1] 67,992,679        
Increase (Decrease) in Temporary Equity          
Issuance of preferred E stock [1] $ 18,068        
Issuance of preferred E stock (in shares) [1] 995,309        
Ending balance at Mar. 31, 2026 [1] $ 465,654        
Ending balance (in shares) at Mar. 31, 2026 [1] 68,987,988        
Beginning balance at Dec. 31, 2025 $ (106,503) $ 2 0 39,336 (145,841)
Beginning balance (in shares) at Dec. 31, 2025 4,168,374 4,168,374      
Increase (Decrease) in Stockholders' Equity          
Stock-based compensation $ 2,333     2,333  
Reclassification of warrant liability 842     842  
Exercise of Series D-1 warrants $ 73     73  
Exercise of Series D-1 Warrants (in shares) 6,521 6,521      
Exercise of stock options $ 2,695     2,695  
Exercise of stock options (in shares)   1,250,748      
Net loss $ (8,989)       (8,989)
Ending balance (in shares) at Mar. 31, 2026 5,425,643 5,425,643      
Ending balance at Mar. 31, 2026 $ (109,549) $ 2 $ 0 $ 45,279 $ (154,830)
[1] Refer to Consolidated Balance Sheets and Note 8 for details of the classes of historic preferred shares.