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 $ (15,066) $ (22,569)
Adjustments to reconcile net loss to net cash, cash equivalents, and restricted cash used in operating activities    
Depreciation and amortization 2,783 2,876
Reduction (accretion) of lease right-of-use assets 43 (59)
Share-based compensation expense 1,935 2,011
Change in fair value of warrant liability, net   280
Provision for credit losses 116 109
Accrued interest, amortization of debt issuance costs and other 661 639
Inventory excess and obsolescence 26 11
Impairment loss on intangible assets 17 99
Changes in operating assets and liabilities:    
Accounts receivable (194) 1,085
Other current assets 13 318
Other long-term assets 1,039 (5)
Accounts payable and other accrued liabilities (1,577) 399
Deferred revenue (813) (114)
Current and long-term operating lease liabilities (713) (250)
Net cash, cash equivalents, and restricted cash used in operating activities (11,730) (15,170)
Cash flows from investing activities    
Purchase of property and equipment (278) (125)
Patent costs and intangible asset acquisition, net (120) (107)
Net cash, cash equivalents, and restricted cash used in investing activities (398) (232)
Cash flows from financing activities    
Proceeds from the issuance of common stock 23,886  
Proceeds from issuance of common stock under employee stock purchase plan 354 313
Proceeds from exercise of stock options 9  
Proceeds from term loan and notes payable   10,000
Repayment of term loan and notes payable (6) (12)
Payment of debt issuance costs (39) (27)
Equity financing costs (756)  
Other (311) (388)
Net cash, cash equivalents, and restricted cash provided by financing activities 23,137 9,886
Net increase (decrease) in cash, cash equivalents, and restricted cash 11,009 (5,516)
Cash, cash equivalents, and restricted cash ‑ beginning of period 19,075 26,332
Cash, cash equivalents, and restricted cash ‑ end of period 30,084 20,816
Supplemental cash flow information:    
Equity financing costs included in accounts payable and other accrued liabilities 4  
Operating lease right-of-use asset obtained in exchange for lease liabilities 289 45
Finance lease right-of-use assets obtained in exchange for lease liabilities   172
Cash paid for interest 3,274 2,941
Issuance of Sixth Amendment Warrants 1,251  
Change in fair value of Perceptive Warrants   227
Reclassification of Tranche C warrants to additional paid-in capital   $ 280
Purchases of property & equipment included in accounts payable and accrued liabilities $ 4