v3.26.1
Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net loss $ (19,206) $ (12,495)
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity [Abstract]    
Depreciation and amortization 229 101
Stock-based compensation 3,900 433
Non-cash interest 72 108
Gain on termination of lease (52) 0
Loss on remeasurement of warrant liabilities 0 270
Non-cash lease expense 399 219
Provision for credit losses 1,141 338
Provision for excess and obsolete inventory 1,144 872
Accretion of discount on marketable securities (89) 0
Other non-cash items 21 0
Changes in operating assets and liabilities:    
Accounts receivable, net (3,554) (3,282)
Inventory (1,574) (945)
Prepaid expenses and other assets (624) (500)
Accounts payable (861) 1
Accrued liabilities 848 (78)
Accrued compensation (1,884) (157)
Lease liabilities (275) (82)
Net cash used in operating activities (20,365) (15,197)
Cash flows from investing activities:    
Purchase of short-term investments (12,000) 0
Proceeds from maturities of short-term investments 12,000 0
Purchase of marketable securities (18,908) 0
Purchase of property and equipment (200) (410)
Capitalized internal use software costs (755) (374)
Payment of initial direct costs related to operating leases 0 (126)
Net cash used in investing activities (19,863) (910)
Cash flows from financing activities:    
Payments for deferred initial public offering costs 0 (2,648)
Proceeds from issuance of Series C convertible preferred stock, net of issuance costs 0 11,919
Proceeds from exercises of stock options 472 183
Proceeds from employee stock plan purchases 207 0
Net cash provided by financing activities 679 9,454
(Decrease) increase in cash, cash equivalents, and restricted cash (39,549) (6,653)
Cash, cash equivalents, and restricted cash at beginning of the period 85,893 40,225
Cash, cash equivalents, and restricted cash at end of the period 46,344 33,572
Supplemental Disclosure of Noncash Investing and Financing Activities:    
Right-of-use asset obtained in exchange for lease liability 5,027 593
Property and equipment obtained in exchange for lease liability 270 0
Vesting of early exercised common stock options 21 20
Unpaid deferred offering and issuance costs 144 1,190
Capitalized internal use software included in accounts payable and accrued liabilities 59 0
Cash, Cash Equivalents, and Restricted Cash Information:    
Cash and cash equivalents, beginning of period 85,793 40,125
Restricted cash, beginning of period 100 100
Cash, cash equivalents, and restricted cash, beginning of period 46,344 33,572
Cash and cash equivalents, end of period 46,244 33,472
Restricted cash, end of period 100 100
Cash, cash equivalents, and restricted cash, end of period $ 46,344 $ 33,572