v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 105,899 $ 89,581
Accounts receivable, net 38,093 33,761
Inventories 49,661 72,501
Prepaid expenses and other current assets 7,018 6,590
Total current assets 200,671 202,433
Operating lease right-of-use asset 8,074 11,351
Property and equipment, net 8,249 7,477
Goodwill 2,269 2,269
Intangible assets, net 127 162
Other assets 734 1,715
Total assets 220,124 225,407
Current liabilities    
Accounts payable 17,832 15,134
Accrued expenses 33,068 35,685
Total current liabilities 50,900 50,819
Long term liabilities    
Operating lease liabilities, net of current portion 2,204 4,919
Total liabilities 53,104 55,738
Commitments and contingencies (Note 7)
Stockholders’ equity    
Preferred stock, $0.0001 par value, 20,000,000 shares authorized at June 30, 2026 and December 31, 2025, none issued or outstanding as of June 30, 2026 and December 31, 2025 0 0
Common stock, $0.0001 par value, 1,000,000,000 shares authorized at June 30, 2026 and December 31, 2025; 114,663,122 and 112,809,637 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 11 11
Treasury stock, at cost, 5,575,583 and 0 shares as of June 30, 2026 and December 31, 2025, respectively (18,882) 0
Additional paid-in capital 676,124 670,536
Accumulated deficit (490,233) (500,878)
Total stockholders’ equity 167,020 169,669
Total liabilities and stockholders’ equity $ 220,124 $ 225,407