v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (25,587) $ (27,801)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation, amortization, and impairments 3,471 4,442
Non-cash interest expense 561 713
Write-down of inventories 0 66
Stock-based compensation expense 12,580 12,148
Change in fair value of warrant liabilities (413) (1,446)
Other 834 172
Changes in operating assets and liabilities:    
Accounts receivable (8,636) (3,909)
Inventories 2,830 1,816
Prepaid expenses and other assets (9,630) (874)
Vendor advances 46 1,244
Accounts payable (1,945) (927)
Deferred revenue (10,643) (581)
Change in operating lease assets and liabilities (455) (411)
Accrued expenses and other liabilities 6,824 (3,496)
Net cash used in operating activities (30,163) (18,844)
Cash flows from investing activities:    
Purchases of property, equipment, and intangible assets, including capitalized software (1,924) (1,249)
Net cash used in investing activities (1,924) (1,249)
Cash flows from financing activities:    
Proceeds from exercise of stock options 5,031 274
Proceeds from employee stock purchase plan 1,233 949
Net proceeds from share offering 0 81,006
Payments to tax authorities for restricted stock units withheld (7) (2,775)
Net cash provided by financing activities 6,257 79,454
Net increase (decrease) in cash, cash equivalents, and restricted cash (25,830) 59,361
Cash, cash equivalents, and restricted cash, beginning of period 154,504 92,790
Cash, cash equivalents, and restricted cash, end of period $ 128,674 $ 152,151