v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (22,024) $ (17,251)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 2,861 1,689
Stock-based compensation 11,858 8,809
Amortization of deferred income (585) (585)
Loss from equity method investment 2,989 1,595
Deferred income taxes (Note 7) (4,103) 0
Net accretion of discounts on available-for-sale securities (69) (221)
Change in fair value of contingent consideration liability 2,058 0
Other, net (55) 378
Changes in operating assets and liabilities:    
Accounts receivable, net 5,376 1,855
Prepaid expenses and other assets (2,504) (2,261)
Accounts payable (794) 319
Accrued expenses and other liabilities (2,916) (277)
Deferred revenue 10,056 6,325
Net cash provided by operating activities 2,148 375
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (890) (538)
Purchases of available-for-sale securities (16,329) (17,160)
Proceeds from maturities of available-for-sale securities 11,978 18,282
Payments for business combination, net of cash acquired (11,179) 0
Net cash (used in) provided by investing activities (16,420) 584
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments under vendor financing arrangements (681) (558)
Proceeds from exercise of stock options 1,037 1,452
Proceeds from employee stock purchase plan 644 535
Proceeds from issuance of common stock under the at-the-market offering, net of commissions and offering costs 72,546 0
Other financing activities 93 27
Net cash provided by financing activities 73,639 1,456
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 59,367 2,415
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 34,250 14,072
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 93,617 16,487
Cash, cash equivalents and restricted cash at end of period:    
Cash and cash equivalents 93,270 16,100
Restricted cash, current 97 97
Restricted cash, noncurrent 250 290
Cash, cash equivalents and restricted cash at end of period 93,617 16,487
Noncash activities:    
Equity consideration issued for Cycuity, Inc. (Cycuity) acquisition 19,016 0
Fair value of contingent consideration liability related to Cycuity acquisition 11,076 0
Purchase of property and equipment through vendor financing 2,558 1,099
Operating lease right-of-use assets, exchanged for lease obligations 1,631 1,118
Accrued offering costs $ 513 $ 0