v3.26.1
Unaudited Condensed Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (7,163) $ (8,191)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,227 906
Amortization of debt discount and debt issuance costs 273 121
Amortization of loan commitment fees 840 184
Change in fair value of warrant liability (456) 438
Loss on extinguishment of debt 0 295
Bad debt expense 0 455
Non-cash operating lease expense 513 473
Stock-based compensation 1,635 860
Other (99) 146
Changes in assets and liabilities:    
Accounts receivable, net (1,552) (6,892)
Prepaid expenses and other current assets (885) 798
Other assets 196 288
Operating lease liabilities (586) (533)
Accounts payable 201 (1,577)
Deferred revenue 817 283
Accrued and other current liabilities (1,390) (1,610)
Net cash used in operating activities (6,429) (13,556)
Cash flows from investing activities:    
Purchases of property and equipment (771) (322)
Proceeds from disposal of property and equipment 0 6
Net cash used in investing activities (771) (316)
Cash flows from financing activities:    
Proceeds from common stock issued, net of issuance costs 0 18,777
Proceeds from common stock issued under Employee Stock Purchase Plan 295 199
Principal payments on finance lease obligations (387) (139)
Principal payments on notes payable obligations (340) (265)
Proceeds from issuance of debt and warrants, net of discounts 0 23,672
Payment to extinguish debt 0 (19,705)
Payment of debt issuance costs 0 (670)
Net cash used in financing activities (432) 21,869
Net decrease in cash, cash equivalents and restricted cash (7,632) 7,997
Cash, cash equivalents and restricted cash, beginning of period 32,420 22,236
Cash, cash equivalents and restricted cash, end of period 24,788 30,233
Supplemental disclosure of cash flow information:    
Cash paid for interest 1,712 1,222
Supplemental disclosure of non-cash items:    
Unpaid equipment settled under financing arrangement 0 682
Right-of-use assets obtained in exchange for lease liabilities 1,031 0
Recognition of warrant liability 0 3,525
Unpaid financing costs included in accounts payable and accrued liabilities 0 350
Costs incurred, but not paid, in connection with capital expenditures $ 110 $ 0