v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 92,662 $ 104,550
Accounts receivable, net 38,105 47,401
Inventory 21,331 26,670
Deferred cost of revenue, current portion 1,010 3,068
Prepaid expenses and other current assets 9,291 6,189
Total current assets 162,399 187,878
Property and equipment, net 4,686 5,121
Deferred cost of revenue 0 121
Goodwill 92,339 92,339
Intangible assets, net 17,564 19,501
Other long-term assets 16,710 15,965
Total assets 293,698 320,925
Current liabilities    
Accounts payable 8,456 13,012
Accrued expenses and other current liabilities 15,206 14,040
Deferred revenue, current portion 19,022 32,966
Total current liabilities 42,684 60,018
Deferred revenue 20,647 22,968
Other long-term liabilities 5,229 5,800
Total liabilities 68,560 88,786
Commitments and contingencies (Note 11)
Convertible preferred stock, $0.0001 par value; 50,000 shares authorized as of June 30, 2026 and December 31, 2025; no shares of preferred stock issued and outstanding as of June 30, 2026 and December 31, 2025 0 0
Stockholders' equity    
Class A common stock, $0.0001 par value; 500,000 shares authorized as of June 30, 2026 and December 31, 2025, respectively; 191,611 and 189,677 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 19 19
Additional paid-in capital 651,619 645,051
Accumulated deficit (426,783) (413,294)
Accumulated other comprehensive loss 283 363
Total stockholders' equity 225,138 232,139
Total liabilities, convertible preferred stock and stockholders' equity $ 293,698 $ 320,925